Introduction

This book will help make it easier for the readers to know how to take their idea or ideas and turn them into money. This is an easy one-two-three-go-to book for entrepreneurs who want an easy starting point and an outcome that will end in prosperity.

Patent Application

The patent application is the very first thing that has to be done when applying for a United States patent. The application has to be filed through a patent attorney for legalization of your idea.

Registering Your Business

Register DBA (Doing Business As / name of business). Cost a small amount, register at your courthouse.

Tax ID number; Tax access office.

Creating Money

Go to www.accountreceivable.com. Start the application and product to deliver to customers.

Once the product has been delivered, the invoice is signed and funding is approved. Most receivable companies' fund is 80 percent of the total. One to two percent interest fee paid to the funding company. And the other 18 percent will be deposited into your bank account after the retailer has paid back the full receivable amount.

Example: $100k (product's value)
Products delivered on 11-22-2016
Within 24-48 hours, $80k is deposited into your business account.

Customers buy the product for a higher amount.
Half goes to the receivable funding company.
The other half, profit stays with the wholesale buyer.
Thirty-day term to pay back in full (12-22-2016).

Starting a New Product Development

You need to know all of the good, bad, and the ugly.

A. Good things can happen if you follow this book and put action along with lots of courage. It is very important to hire a patent attorney to help keep your ideas confidential. Always have a confidential form handy when revealing your idea. Have them sign and date the form for secret keeping. Never reveal your idea to anyone, unless they've signed and dated the confidential form. It is very important.

B. The bad news is if you don't get the confidential form signed, you could lose all rights to your idea. It's about first come, first served.

The ugly is having big backlash that requires fighting in court, if this idea was an original idea that you create. Some have created a poor man's patent. That's when you print all the information about your product or service and mail it back to yourself through the USPS.