: Potential buyers need to see that the idea works. This can be a physical prototype, a 3D rendering, or a detailed technical drawing.
: This is a cost-effective way to secure a "patent pending" status for 12 months, allowing you to pitch with "perceived ownership". buy my business idea
: While helpful, many large companies and investors refuse to sign them because they may already be working on similar concepts. : Potential buyers need to see that the idea works