Inventing Profit’s September Meeting – Deb Beddoe to Speak
Deb Beddoe to be Guest Speaker at Inventing Profit Meeting September 12th.
Our next Inventing Profit meeting is just around the corner. The theme for this month is “How to “Start-up” Your Business” with Deb Beddoe of Your Ops Manager, Carlsbad. She will walk you through some of the things you should consider before starting your business. Please join us Wednesday, September 12th from 5:30pm to 7:30pm at the Carlsbad Chamber of Commerce.
Running a small business or start up in today’s competitive environment is a challenge for any entrepreneur or inventor. Having a dream,an idea, or a product, is just the first step in the process of bringing it to the marketplace and making it a reality. Along the way there are hurdles, obstacles, laws and regulations that must be addressed, adhered to and managed before you can even begin to realize that dream.
almost 25 years and was most recently CFO and COO of a payments company before founding her own company in 2008.Your Ops Manager is a system of services that assist small businesses by implementing a “do it for you” system that will complete the business operations tasks that most business owners want to avoid including human resources, accounting, payroll, compliance, events, benefits and strategic management.
Deb is on the board of directors of the Carlsbad Chamber of Commerce and is actively involved with many other business associations. Your Ops Manager is recognized as Small Business of the Year for 2012 by the Carlsbad Chamber of Commerce.
Please mark your calendars for Wednesday the 12th of September. Meetings are free to attend and you may sign up at http://bit.ly/MA13Tu.
Meetings will continue to be held on the second Wednesday of each month. If you have any questions, please email Dina Dennis at dina@iciplaw.com.
Thank you all for your continued support!
The Inventing Profit Team
Inventing Profit – August Meeting
Inventing Profit invites you to our monthly entrepreneur / inventor meeting this Wednesday, August 8th, 2012.
The Inventing Profit theme this month is “Panel Discussion: Protect your Assets and Save on Taxes”, the time is from 5:30pm to 7:30pm at the Carlsbad Chamber of Commerce.
Our featured Speakers for the evening will be:
Eric Eng Partner at CEA, LLP: Eric is Director of Business Services with special emphasis on U.S. and international tax planning for high net worth individuals, emerging growth and small-to-midsize businesses. Eric has extensive experience in serving clients in industries that include real estate, manufacturing, high tech,biotech, wholesale and distribution. Eric’s computer system knowledge enables him and our staff to employ the latest technology in completing projects in the most efficient manner.
Kelly Bagla, Esq.:
Ms. Bagla, founder of Bagla Law, practices corporate and securities law in San Diego North County and is general counsel to clients ranging from start-ups to mid-size industries, including, technology, manufacturing, pharmaceutical, and life science. Ms. Bagla represents private companies with emphasis on transactional work, such as, drafting various contracts, asset and stock purchases, related securities, employment matters, mergers and acquisitions, business entity formations and corporate governance counseling. Ms. Bagla also assists her clients with venture capital financings involving financing through private placements, seed financing, angel financing and venture funding.
Ms. Bagla first began her career with a Fortune-500 global biotechnology company located in Thousand Oaks, California, where she was responsible for maintaining 35 international subsidiaries. She then joined Baker & McKenzie, LLP, an international-based reputable law firm in San Diego, California, where she advised clients, both domestic and international, in relation to corporate and securities matters. These included IPOs on the London Stock Exchange, regulations on exporting goods into China, closing operations in Europe, and running manufacturing operations in Dubai.
Ms. Bagla later joined Catalyst Law Group, APC, in San Diego, California, where she headed the corporate department. Ms. Bagla’s practice ranged from general corporate counseling to off-shore transactions.
Ms. Bagla earned her Bachelor’s degree in Business Administration and International Relations at California State University, Hayward. She also earned a Bachelor of Laws (LL.B. with honors) from the University of Wales, Swansea, and a Master of Laws (LL.M.) from Whittier Law School.
The Carlsbad Chamber is located at 5935 Priestly Drive in Carlsbad. (760)931-8400. We are hoping for a great turn out this month.
Meetings will continue to be held on the second Wednesday of each month. The Carlsbad Chamber is located at 5935 Priestly Drive in Carlsbad. You can sign up for this event or future meetings at http://bit.ly/MA13Tu .
Which Comes First -The Patent or The Prototype?
If you have chosen the path of the product entrepreneur, at some point you will need to answer the question
“How should I properly spend my hard earned money? Do I build a prototype first or file a patent application?”
It’s a great question and while everyone’s situation is unique, more often than not it makes sense to build the prototype first especially if you have the capital to do so. There are a few reasons for this.
As you begin your prototype development, you will no doubt run across areas of design and function that need improving. While this is sometimes a frustrating process, those areas give you a unique opportunity to dig deep into your creative toolbox and develop innovative solutions that may not only be time and money-saving, but that can also protect your product by way of patents.
A really good prototype will help your product development team with manufacturing cost estimates and is useful for your marketing team to get feedback from potential customers. Also a physical prototype will help the legal team understand the claims that can be made on your patent and streamline the filing process with the USPTO.
Other Helpful Information:
One thing that may benefit you is to do an initial prior art search to try to see what other patents, published patent applications or other prior art is out there that could negatively impact your ability to get a patent, and to avoid potential patent conflicts that could arise after you have built your initial prototype. You should realize, however, that prior art searches are never perfect, and that they cannot possibly find unpublished patent applications. We always recommend to do a prior art search to find products like yours. You can do your own initial search, it will save you some money and could help you find other ideas to incorporate into your product.
If you have specific questions about this topic “Patent or Prototype? Which Comes First?” feel free to leave a comment or ask us live during our live web show on the first Tuesday of everything month. Sign up for the newsletter to get updates on show topics, guests and the latest news.
read more