Introduction:
This business is a representation of big business licensing patent ownership to the first people who present the ideas to a facility with the capacity to quickly act on information given them by people who find things in the public domain. We are innovators and we know that some of the ideas presented to other companies came right from our own mouths and to protect our ideas from becoming absent from our control we would rather create a company with the forecast and respect to honor our achievements in a consistent goal and to our directions and approving manner in which our ideas have to be used, if controlled by its creator.
The ownership of this business is under the name , Sole Proprietor. It is in the best interests that I maintain control of this business because it is my dream and my vision and the friends that will be joining in this venture have been with me long enough to also share my vision and have caused themselves to believe in their potential as also people with the discretion to judge frequently the matters that pertain to superficial extravagances that the world most happily excepts as new product lines daily.
The legal structure is based on protection from bankruptcy and from inventions that lack monetary funds to develop further in the market place. We intend to eliminate these factors to endure a long life of creativity.
I’ve been known to take a question and answer it to a conclusion, to a new invention, that would suit to solve and answer plaguing questions in the community. I intend to use this instinct as my one unique talent that allows for my creativity.
Our advantage to the community is that we represent the society that lives normal lives and we’ve seen the many factors of normal life that effects most people and we have the knowledge to effect change in the lives of normal people. We can use our normal mentalities about life to think differently then people who have been given the resources to achieve their objectives. We intend to make known that we have been overlooked by the upper class community and intend to prove we have talent, goals and objectives that with them can accomplish changes in an ordered behaved manner that suits to direct our cause to the true intention of our ideas and how we would use our ideas if we owned them.
Marketing:
Our products would be inventions we have yet to come up with. Our service is to give people we associate with, whom helps us, in-depth to further enhance our inventions, a share of the members take.
We do not fill a customers demand for we work from our hearts with the intent to revitalize our community and world by our own recognizance decided on by our ambitions as a company.
Our market is any group, system, product, company or any further development into the class structure that is bound to have people and things that need creative solutions for lack luster modifications to these cast societies. Right now we will be working out of a P.O. Box until we have gained enough capital to run our business out of a virtual office that will contact us if a need arises.
Our products will be marketed through a licensing corp. decided by our lawyer who yet to be retained on account of financial in-compliances.
Pricing will be left up to marketing professionals but we as a group will also decide what we would pay for such products based on our appreciation of the product.
Financial Management:
We will not be in operation for some time until we as group deposit into the business from our own sources of income, until the amount of 200,000 dollars, which will give us the ability to retain a lawyer under comfortable conditions.
Our budget will be for the first year to deposit our money into an investment account that pays dividends and we will divide the dividends between the all of us, at this time there will be no lawyer bills due us until the time when our initial need of capital is met. When 20% of dividends equal 2000 dollars for the retain age of a lawyer.
When the 1/5 subtraction for the retained earnings is equal to the amount or more that it costs to purchase the services of a virtual office to maintain the accusation of potential product ideas until the lawyer’s retain age fee is met and we can present our preconceived ideas to the patent process.
There will be no profits earned the first, just the amount of money that came back from our investment in dividends. About 8% (projected for future earnings) from invested funds.
The break-even point will happen when each member discovers a marketable product and receive their check over the amount of the initial investment and maintenance operation costs by the company for the support of the inventors.
Each member will receive a company card all linked to their own individual funds and will have the use of this card for business and personal use. This card is to ensure that there are no hardships that limit the ability to grow. The members will use their card to deposit money into the investment account and this will add up to our needed pre-start capital needs.
An accountant will tend the needs of the business at which point the company turns a profit or gets financially involved.
There will be an investment annuity account for the company and the bank will be responsible for taking the dividends, being the 100% mark. Putting 20% back into the holdings that will be later invested on the first or next business day of each month, then 10% will be put into the retained earnings and then a separate checking account need be made for the lawyer’s and assistant’s debit cards that will have a 65:35 ratio or 50:25:25 for two assistants of 20% of the 100% and the remaining 50% will be divided amongst the company card holding members with preferably having the bank organize our taxes so that personal spending is separate from business spending, like bank of America does for its customers but if not the accountant will have to do this through an analysis of our spending. Approximately the year 2015 the amount of the annuity payment will be divided the same as the lawyer for each member suited to handle the responsibility of having one or two assistants to assist them in their work.This business is a representation of big business licensing patent ownership to the first people who present the ideas to a facility with the capacity to quickly act on information given them by people who find things in the public domain. We are innovators and we know that some of the ideas presented to other companies came right from our own mouths and to protect our ideas from becoming absent from our control we would rather create a company with the forecast and respect to honor our achievements in a consistent goal and to our directions and approving manner in which our ideas have to be used, if controlled by its creator.
The ownership of this business is under the name , Sole Proprietor. It is in the best interests that I maintain control of this business because it is my dream and my vision and the friends that will be joining in this venture have been with me long enough to also share my vision and have caused themselves to believe in their potential as also people with the discretion to judge frequently the matters that pertain to superficial extravagances that the world most happily excepts as new product lines daily.
The legal structure is based on protection from bankruptcy and from inventions that lack monetary funds to develop further in the market place. We intend to eliminate these factors to endure a long life of creativity.
I’ve been known to take a question and answer it to a conclusion, to a new invention, that would suit to solve and answer plaguing questions in the community. I intend to use this instinct as my one unique talent that allows for my creativity.
Our advantage to the community is that we represent the society that lives normal lives and we’ve seen the many factors of normal life that effects most people and we have the knowledge to effect change in the lives of normal people. We can use our normal mentalities about life to think differently then people who have been given the resources to achieve their objectives. We intend to make known that we have been overlooked by the upper class community and intend to prove we have talent, goals and objectives that with them can accomplish changes in an ordered behaved manner that suits to direct our cause to the true intention of our ideas and how we would use our ideas if we owned them.
Marketing:
Our products would be inventions we have yet to come up with. Our service is to give people we associate with, whom helps us, in-depth to further enhance our inventions, a share of the members take.
We do not fill a customers demand for we work from our hearts with the intent to revitalize our community and world by our own recognizance decided on by our ambitions as a company.
Our market is any group, system, product, company or any further development into the class structure that is bound to have people and things that need creative solutions for lack luster modifications to these cast societies. Right now we will be working out of a P.O. Box until we have gained enough capital to run our business out of a virtual office that will contact us if a need arises.
Our products will be marketed through a licensing corp. decided by our lawyer who yet to be retained on account of financial in-compliances.
Pricing will be left up to marketing professionals but we as a group will also decide what we would pay for such products based on our appreciation of the product.
Financial Management:
We will not be in operation for some time until we as group deposit into the business from our own sources of income, until the amount of 200,000 dollars, which will give us the ability to retain a lawyer under comfortable conditions.
Our budget will be for the first year to deposit our money into an investment account that pays dividends and we will divide the dividends between the all of us, at this time there will be no lawyer bills due us until the time when our initial need of capital is met. When 20% of dividends equal 2000 dollars for the retain age of a lawyer.
When the 1/5 subtraction for the retained earnings is equal to the amount or more that it costs to purchase the services of a virtual office to maintain the accusation of potential product ideas until the lawyer’s retain age fee is met and we can present our preconceived ideas to the patent process.
There will be no profits earned the first, just the amount of money that came back from our investment in dividends. About 8% (projected for future earnings) from invested funds.
The break-even point will happen when each member discovers a marketable product and receive their check over the amount of the initial investment and maintenance operation costs by the company for the support of the inventors.
Each member will receive a company card all linked to their own individual funds and will have the use of this card for business and personal use. This card is to ensure that there are no hardships that limit the ability to grow. The members will use their card to deposit money into the investment account and this will add up to our needed pre-start capital needs.
An accountant will tend the needs of the business at which point the company turns a profit or gets financially involved.
Operations:
The daily routine will be to gather together find out if anybody has any details to any ideas that they need help defining and then formatting our work into a description of our products intentions and then either mailing it to the lawyer by mail fax or email or by giving him a call to question him on specific content that could result from the creation of our patent and any other fine points that would change how our patent should be made.
The people who are hired are the people who have been confided in about this operation and respect the fortitude it represents for us. All outside help will be paid in accordance to how they help us improve on our idea or tell us of their own idea unrelated to our inventive sense.
The members will also operate as direct connects to the procurement of patents for individuals with ideas for the public and other enterprises.
Insurance? We will need travel, health, and liability for the use of our mouths and how they could speak us into a lawsuit, property insurance, and employee advantages that the insurance company would have provided for their well fare. We will be buying our own property to build our own design of a house to suit our needs so we would pay the acquisition and construction costs and the taxes for concurrent years.
Outsourcing our product building will be our main device and handling our finances will be done by an accounting firm and fulfilling our company product innovations will be handled by a product testing facility and all our legal needs will be handled by a lawyer.
Production of products will be outsourced to a manufacturer and fulfilling service obligations will be monitored by us but also done by the manufacturer.
5% ownership of patents will go towards the company, that will respond to product modification costs, securing legal accountability for the functions of the patents plus the taxes owed by inventors, and the direction of patents that have promise and show they will be usable in various aspects that the company can design for and implement strategies of patent use, all as agreed to by members as in their part to ensure a long life in the inventing process.
Concluding Statement:
Our goals are to invent products with the creativity to inspire real satisfaction in the communities and our objective is to find reasonable sources of interest to maintain a state of inspired beliefs from inspirational travels and purpose that lead to greater understanding of the position we play in society. I have the ability to make this company work it has long time been a dream of mine to come forward and use my talent for inventing in my own approved of manner in which to direct my conceptual imagination and I stand by my belief that I am a polymath with the intent to alter our culture for the better.
P.S. There are some better ways to invest but these are what I thought of when I wrote this.
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