Are you prepared for the rigours of the patent process?

Are you considering patenting your latest product idea? It’s an option, but be forewarned that this process can be expensive and time-consuming.

Do you have a great idea for a product that you think will generate consumer interest and make money? If so, the first step is to patent it. Once you've done this, your intellectual property will be fully protected, and no one else will be legally permitted to make money off of your creativity.

Applying for a patent in Australia is not free, nor is it usually quick and painless.

Before you begin the patent process, though, you should understand what you're getting into. Applying for a patent is not free, nor is it usually quick and painless. It can be a rigorous ordeal to get a patent. This isn't to say you shouldn't do it – but before you do, make sure you're serious about your idea and willing to commit to it over the long haul.

Doing the legwork to apply for a patent

If you want to get your product idea protected by patent law in Australia, that's often a worthwhile step, but you'll need to set aside some money to pay for your application, according to IP Australia. In addition, you might be subjected to an annual renewal process in future years if you want your application to stay on file. If your product is valuable and you're turning a steady profit, this process might not seem like a big deal to you, but it's still worth keeping in mind.

Get ready to play the waiting game

The other factor to consider when handling patent registration in Australia is the timing involved. Your application for a patent isn't likely to be dealt with right away. According to World Patent and Trademark News, once your application is placed in a queue, it's likely to stay there for approximately 32 months.

Hoping to get a patent? You'll need to sit and wait patiently.Hoping to get a patent? You'll need to sit and wait patiently.

In some cases, it's possible to request that your application be expedited, but these requests are usually only granted under unique circumstances. More than likely, if you really want a patent, you should be prepared to wait.

Seeking help from capable patent attorneys

If you're worried about handling the logistical details involved in the patent application process, it might be time for you to contact the experts and ask for help. To find a patent attorney in Sydney who's prepared to meet your needs, talk to us at Alder IP.

Anyone can apply for a patent if their invention is new, inventive and differs from the products already on the market today. If this applies to you, contact us and ask for help with getting the process started.