This intellectual property business plan template has 15 pages and is a MS Word file type listed under our business plan kit documents.
Sample of our intellectual property business plan template:
Table of Contents 1.0 Executive Summary 4 Chart: Projected Sales/Profitability Performance of Thomas Innovations 4 1.1 Objectives 5 1.2 Mission 5 1.3 Keys to Success 5 2.0 Company Summary 5 2.1 Company Ownership 5 2.2 Company History 5 3.0 Products and Services 6 4.0 Market Analysis Summary 6 4.1 Market Segmentation 6 4.2 Target Market Segment Strategy 6 4.3 Competition and Buying Patterns 7 5.0 Web Plan Summary 7 5.1 Website Marketing Strategy 7 5.2 Development Requirements 7 6.0 Strategy and Implementation Summary 7 6.1 SWOT Analysis 8 6.2 Competitive Edge 9 6.3 Marketing Strategy 9 6.4 Sales Strategy 9 6.4.1 Sales Forecast 9 Chart: Projected Sales/Profitability Performance of Thomas Innovations 10 6.5 Milestones 11 7.0 Management Summary 11 7.1 Personnel Plan 11 8.0 Financial Plan 12 8.1 Important Assumptions 13 8.2 Break-even Analysis 13 8.3 Projected Profit and Loss 13 8.4 Projected Cash Flow 15 8.6 Business Ratios 15 9.0 Attachments 16 Confidentiality Agreement The undersigned reader acknowledges that the information provided by [YOUR COMPANY NAME] in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of [YOUR COMPANY NAME]. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm or damage to [YOUR COMPANY NAME]. Upon request, this document is to be immediately returned to [YOUR COMPANY NAME]. ___________________ Signature ___________________ Name (typed or printed) ___________________ Date This is a business plan. It does not imply an offering of securities. Executive Summary [YOUR COMPANY NAME] is a small company that manages the inventions of [YOUR NAME]. [YOUR NAME](S) have invented a [PRODUCT NAME] , with four adult models and five children models. The patent is pending. The firm is seeking $395,000 to $1,500,000 in grant funding to be used as follows: Pay for the U.S. patent proceedings, foreign patents, and accrued and future legal fees. Pay for the cost of independently manufacturing and marketing [PRODUCT NAME] Chart: Projected Sales/Profitability Performance of [YOUR COMPANY NAME] INSERT CHART/IMAGE The above projections for sales are partially dependent upon the size of grant received. 1.1 Objectives Obtain U.S. and foreign patents for the [PRODUCT NAME]. Sell license to a large company. Hire a CAD designer full-time. Expand the line of inventions. 1.2 Mission The company's mission is to invent, create, patent and bring to market, innovative and unique products with quality and affordability in mind. 1.3 Keys to Success To invent multifunctional products To create products which are attractive in appearance To produce a product which can be utilized by every age group Company Summary [YOUR COMPANY NAME] is an invention holding company that was established in September 2008, is located in [YOUR CITY], and is co-owned and operated by [YOUR NAME](s). The principals invented [PRODUCT NAME] which covers every stage of life, from children to adults. All of the [PRODUCT NAME] (S) are multifunctional. They have four adult models and five child models. The adult line gives a person the choice of a very basic model to a power model. The child line of [PRODUCT NAME]looks like toys. This is done in order to make it fun. This company plans to continue to invent other innovative and unique products in the dental industry and other industries. 2.1 Company Ownership [YOUR COMPANY NAME] is organized as a sole proprietorship and is owned 51/49 by [YOUR COMPANY NAME](s). 2.2 Company History [YOUR COMPANY NAME] was founded in 2008. This appears to be the first invention that the principals have pursued vigorously for patents and funding. The firm has not produced any historical revenue. The company has had $8,925 in expenses in 2008 and $29,452 in 2009. These funds came from the principals' savings and from family members. 3.0 Products and Services [YOUR COMPANY NAME] has invented a [PRODUCT NAME]. There are presently nine models, with four being adult models, and five being child models. All of the [PRODUCT NAME] are attractive and multifunctional. The products can be sold to dental offices and retail stores. [PRODUCT NAME] will retail for $6-$8 and the [PRODUCT NAME] will retail for $10-$12. 4.0 Market Analysis Summary The business will be able to sell to dental offices and retail stores. There were 181,725 active dentists in the U.S. during 2007, 57 accredited dental schools in the U.S., and during 2007-2008 there were 19,342 students enrolled in post-graduate dental schools (per ADA statistics). The firm will benefit from two growing trends in the U.S. population: Americans are more health conscious and increasingly understand how dental health is related to heart health. In addition, during this recession, Americans have become more conscious of value and spending money wisely. 4.1 Market Segmentation The firm's customer base is divided among dental offices and retail stores. Segments of indirect consumers can include children and adults. 4.2 Target Market Segment Strategy INSERT TEARGET MAKET 4.3 Competition and Buying Patterns INSERT COMPETITORS 5.0 Web Plan Summary The firm's website will describe the variety of products and showcase the benefits of marketing the product to consumers. 5.1 Website Marketing Strategy The website helps attract new dental offices and retailers, opens up online sales opportunities, and the firm will make a strong effort at collecting customer's email for periodic email blasts. 5.2 Development Requirements The website was will be created and administered by an outside contractor. 6.0 Strategy and Implementation Summary The firm's invention could be sold as intellectual property before reaching the consumer market. Otherwise, the firm will utilize a variety of cold calls, product demonstrations, and industry networking events to market the toothbrush line. 6.1 SWOT Analysis SWOT (Strengths, Weaknesses, Opportunities, Threats) Analysis STRENGTHS HOW STRENGTHS WILL BE LEVERAGED Product appeal Experience of Maureen Thomas in the dental industry The product could be sold based upon long-term financial value, related health benefits to improved oral health, and the environmentally conscious aspects of the product
