QUESTIONS FOR COACHES & LICENSING COMPANIES

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Can you please share the contact information of 5 of your most recent clients in the last 12 months?

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How many paying clients do you currently have?

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How many have you charged since you started your business?

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Have you ever been accused of scamming, misleading or fraud?

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Do you offer any refunds?

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What makes you qualified to charge for services?

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Who qualifies for your services?

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Can I license an idea?

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Precisely what services to help inventors do you proved and what do you charge for each?

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Precisely what services to help inventors do you provide and what do you charge for each?

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Do you track client(s) success, which according to Federal Trade Commission is defined as the inventor making back more money in sales than they paid for in services?

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Have any members on your team been accused of scamming, misleading or fraud?

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Can we create a payment schedule based on performance and NOT large up-front fees?

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What is the industry success chances for an inventor?

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Ask any licensing service provider, do you charge only up-front or do you partner with inventors and collect revenues from licensing sales and profit success?

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Ask any licensing service provider, how many of their clients have signed a licensing agreement have actually made more money back in royalties than they paid you for services?

REQUIRED QUESTIONS FOR LICENSING & PROMOTION COMPANIES

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It's recommended to present these questions to the company representative in writing which they are REQUIRED to answer and return in writing under the American Inventors Protection Act of 1999.

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How many paying clients has your firm represented in the past 5 years?

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In the past 5 years how many inventions received a positive evaluation?

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In the past 5 years how many inventions received a negative evaluation?

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In the past 5 years how paying clients received a licensing deal as a direct result of the invention promotion or licensing firm?

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In the past 5 years how paying clients received a net financial profit making back more money than was paid to the licensing or promotion firm for services?

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In the past 5 years how many inventions were presented to the promotion or licensing company?

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The names and addresses of all previous invention promotion companies with which the invention promoter or its officers have collectively or individually been affiliated in the previous 10 years.

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Refusal to share this information goes against the American Inventors Protection Act of 1999. Please notify us if any company refuses to furnish this required information.

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