Frequently Asked Questions


Why is your company called Venture Assistance?

VA assists people who want to start business ventures by providing consulting advice. If you have skills in starting business ventures, VA attempts to have you do as much as your skills allow to minimize consulting fees.

What is venturing?

Venturing is commercializing an idea or product by taking it directly to the market place.

What is licensing?

Licensing is commercializing in two steps. The first is to give someone permission to use the idea or product in return for a fee; the second is for them to commercialize.

How can I protect the value of my idea or product?

VA helps you choose the appropriate venture or licensing strategy to protect your idea or product, i.e., use of patents, trademarks, copyrights, and/or trade secrets (VA is not a patent law firm or agency).

How do I license?

VA will help you find a buyer for your idea or product, negotiate an agreement with the buyer, and write the licensing contract.

Do you operate internationally?

Yes. VA has a world-wide network of licensing and business associates that can be called upon as needed.

What are your fees?

Fees consist of an hourly charge, expense reimbursement, and, often, a risk-sharing fee. If the client is willing to pay a risk-sharing fee, a range of hourly and risk-sharing fees is offered. VA does not accept contingent fee work.

 

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