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Old 03-07-2014, 02:16 PM   #23

Join Date: Feb 2014
Location: United States
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Saturn6 On the road to addiction
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Default starting a business

IF you are starting a business using a new idea, process or concept, I strongly advise checking it against current patents, to see if it is already registered. Your idea might be classified as Intellectual Property by someone else.

This is especially true if you plan on sinking a lot of money into it. You might loose it all if you don't.

Best idea though, don't bother. Starting a business today here in the US is nearly impossible. I've been through it several times and it's just not worth it anymore, unless you got something so hot, you'll make tons of money off it almost instantly.

You can be sure too, that the Chinese will reverse engineer your new product your selling within a few years, if that is what you are doing, change it slightly and bypass the patent process, produce it and undercut your prices.

Ever notice in Harbor Freight all of the Chinese-Made knockoffs of quality american tools, etc? This is exactly the type of products that I'm pointing to. And, the list is endless.
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