5

Getting the Goods

Manufacturing

 

Now that you know that your product doesn’t exist, you’ve made a successful prototype, and you’ve completed your market research, you’re ready to move forward and manufacture your product. Even if you plan to license your idea to someone else, it’s still useful to understand what goes into the manufacturing process and to determine the costs and manufacturing parameters of your own product. This will put you in a strong position to negotiate the best deal for yourself. (Learn more about ...

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