Product Development

October 8, 2018 @ 1:30 pm – 4:30 pm
Downtown Library, 2nd Floor Events Room

Instructor: Joe McGinty

This class presents product development from idea to sales ready product. This includes:

  • Protecting the idea: US and international patents
  • Options to go forward: company, royalties, or buy out.
  • Steps required to develop, manufacture, distribute, and target a product for sales in today’s environment
  • Financial realities, business plans, and investors
  • Manufacturing: imported, made in America, in house, or contract
  • Support in the field and warranties
  • A bit about marketing and sales
  • Building a company
  • Costs and profitability timelines
  • Possibilities, results, risks, and rewards