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  • Idea Submission Agreement - Shurtech Brands

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SUBMISSION AGREEMENT THIS AGREEMENT is entered and effective as of , 20 , by and between SHURTECH BRANDS, LLC, a North Carolina limited liability company, having offices at 32150 Just Imagine Drive,.

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How to Successfully Pitch an Idea to a Company Step 1: Gather Information. Yes, it is the information age which means the more info you are armed with, the better off you will be. ... Step 2: Prepare a Professional Presentation. ... Step 3: Pinpoint Your Targets. ... Step 4: Qualify Your Targets. ... Step 5: Make the Sale.

Your ideas are valuable and could prove to be highly profitable, so it makes sense that many companies are more than willing to receive new ideas from external sources and either buy them or create a licensing deal. The submission process may vary from company to company, but they all have an interest in good ideas.

Many inventors choose to sell their ideas to companies for royalties rather than a one-off payment, especially if the concept is especially promising, as royalties can often end up allowing them to earn much more over a longer period (passive income). As a result, many companies offer this as an option to inventors.

Three Steps to Selling Your Idea Know your market. This means gathering as much feedback as possible on your own invention idea. ... Do some legal legwork. Go as far as you can to determine if your invention is patentable or if it can be produced without infringement on other filed patents. ... Look into production.

5 Steps for Turning Your Invention Idea Into a Product Step 1: Document It. ... Step 2: Research It. ... Complete an initial patent search. ... Research your market. ... Step 3: Make a Prototype. ... Step 4: File a Patent. ... Step 5: Market Your Invention.

You can sell your business idea to big companies or investors that will pay you upfront and then take the item to market. This form of business model is called licensing.

The idea submission agreement provided here -- sometimes known as an evaluation agreement -- should be used if you want to submit one of your ideas to a company but fear being ripped off.

5 ways to protect your idea during a business pitch Keep your idea secret before the pitch. ... Be careful selecting companies to pitch to. ... Reveal only what you must and nothing more. ... Create and document an extensive paper trail. ... Think about confidentiality.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232