Read Our Reviews - Florida Trademark & Patent Attorneys
Florida Patent, Trademark & Copyright Attorneys | Call 954-452-0033
(954) 908-6291
Available 24/7
Serving Inventors Throughout
the United States & Worldwide
Florida Patent, Trademark & Copyright Attorneys
Call UsEmail Us
July 5, 2023
John Rizvi, Esq.

Before Spending Money on an Invention You Want to Patent, Watch This!: An Idea and its Cost

Read Full Post


Rafael says this is my first idea, my first company; the patent is my first step. How do I plan from a budget perspective?

Yeah, so yeah, it's a great question. There's certain steps to the patent process. And you really, the best way to plan is to look at it one stage at a time. So just like if you're in need of an important surgery, the first step is to have an x-ray done to see if that surgery is actually going to help you. So if you believe it will, that's fine. But go to a doctor; the doctor is not going to tell you until he does the surgery first. So if you have an idea that you think is unique, I would go to a patent attorney and have a professional patent search done first. So the budget for that, you're looking at about $1,500, because there are 10 million patents out there. And you want to have an attorney do the search because when a patent attorney does the search, we're not limiting our search to language. So for example, if your idea is a new type of pipe, we're not typing in terms like “pipe” because a competitor might have the idea patented, but that patent might be listed as a hose, and then you're going to miss you're going to miss that reference. So a patent attorney like myself, we do the search based on class and subclass. And then I provide a written opinion with the likelihood of success and the likelihood of you going forward and getting the patent granted, that's like a doctor looking at the X ray, saying, “Hey, you're a good candidate for this operation,” or saying, “Hey, this is extremely risky, and I don't advise going forward.” So when we do a patent search at my law firm, if I don't think you're going to get the patent, I don't advise you to take the next step. So you don't need to budget anything further. The big risk is inventors that start creating prototypes and spending money and building a website and doing all of this work without knowing if their idea is unique. So I would suggest, find out if it's unique first before you put time into it.

© Copyrights 2024. The Idea Attorneys (The Patent Professor®). All Rights Reserved.
The Idea Attorneys

10394 W Sample Rd #201,
Coral Springs, FL 33065, United States

(954) 908-6291

About Us

At the law offices of John Rizvi, P.A. - The Idea Attorneys®, we have dedicated our practice exclusively to securing and preserving the intellectual property rights of our clients, including patent, trademark, copyright, trade secret, unfair competition, and franchising matters.
© Copyrights 2024. The Idea Attorneys (The Patent Professor®). All Rights Reserved.


Copyright Law 
Protecting Trademark Rights 
Trademark Law 
Patent Law 

Our Patent Attorneys & Agents

Marina Acosta 
Brittini Thacker 
Rafay Asrar 
Cristina Bautista 
Jonathan Bloch 

Get in touch

Hours of Operation

Available 24/7

Follow Us

Florida Patent, Trademark & Copyright Attorneys | Call 954-452-0033
© Copyrights 2024. The Idea Attorneys (The Patent Professor®). All Rights Reserved.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship.