There are several important aspects to the Idea Composer program.

¬ Capture the Idea

One of the most difficult elements of Idea Creation is organizing the fleeting aspects of the thought process, then communicating the idea or concept to another. The Idea Composer provides a context sensitive approach for getting the Idea down on paper in a method that is simple and to the point. Once the thoughts are reduced to writing, the idea begins to take shape as coherent textual information with enough detail to communicate the business idea from both a product and financial view point.

The person you are trying to communicate with will understand your idea - no matter whether the person is a CFO of a large corporation, Banker, MBA, or spouse. The Idea Composer helps you get the thoughts on paper in an organized way.

¬ Analyze the Idea

Have you ever thought about a solution to a problem and how great the idea would be - then later realized even though it was a novel idea, the financial basis just didn't make any sense.  The Idea Composer helps to determine early on if the product concept will fly.  By using Industry standard financial evaluation techniques the Idea Composer will easily and quickly help the user run the "basics" through the mill and get a result that is easy to understand.

Complicated financial terms are explained in easy to understand language that can be compared to other companies with industry standard terms. These terms are applied to your specific idea.

¬ Document and Present the Idea

Sometimes it just doesn't make sense to build a complex 30 page business plan - just to communicate a product or business idea to a business associate, financial institution, or Intellectual Property Expert. The Idea Composer easily incorporates the information and the analysis into an attractive business document that can be read and understood by just about anyone with an interest. The output is compatible with Microsoft Word and presented in an .rtf format that may be transferred into any well known word processor. The average Idea Composer report length varies from 5 to 25 pages of text and graphics that is already formatted and ready for publication.

The output format is simple, attractive, and very easy for the reader to comprehend with the goal to get to and understand the bottom line of the idea.

¬ Create Intellectual Property

Protecting Intellectual Property (IP) is critical to product developers. It is becoming more complex because countries have different rules and in the U.S. many of these rules are changing. Because we are in this environment of change, Rules of Thumb are no longer reliable. It is important to engage an Intellectual Property Expert as soon as your concept begins to take shape. In the meantime it becomes imperative for the inventor or concept creator to document the idea and to properly protect the idea during this period of formation.

The Idea Composer will assist you in your efforts of initial documentation - so if your Idea does have the potential of Intellectual Property, the program can help you get it reduced to writing - with minimal effort.  While doing so the program advises on securing Non-Disclosure Agreements with 3rd parties, where applicable.

Intellectual Property is turning into big business. Whatever you do, make sure you have an IP expert available to advise you along the way. The Idea Composer is an excellent media to communicate with your IP expert.

¬ Analyze Multiple Product Ideas at the same time

Some product ideas have more than one method to market, as a result they can be difficult to individually calculate potential profit or break even points. The Idea Composer allows you to examine different product ideas with different costs and sales (variables) all at the same time - with individual results.

Now you can break up the Idea into different facets and review each aspect separately. This can be very important if you are looking at multiple methods to market.

Do you have more than one idea that you want to test and compare? The Idea Composer allows up to four (4) comparisons in one pass to help determine which idea will make the most money.

¬ Protection

Your idea can be worth a lot of money. The Idea Composer allows password encryption to keep unauthorized eyes from gaining access to your information. Each document may be selected for either Confidential or unclassified status and the reports will so indicate.

Keeping unauthorized eyes off your report is necessary to avoid getting ripped off. The Idea Composer comes with built in features to minimize idea theft.

For more information see the video demonstration

The Idea Composer - What is it?

You are visiting Idea Composer

Who should use this program?

Inventors:  Get those ideas refined, dated, and delivered to your IP expert quickly and efficiently.

Prospective Entrepreneurs: Determine if that product or business idea has the potential to fly.

CEOs: Encourage your employees to document ideas for new products and improvements to existing products in an easy to use and understandable format.

CPAs: Help your clients understand rudimentary aspects of business and how cash relates to different product ideas.

Everyday Working Man/Woman: Maybe it's time to create a business proposition and ultimately work for yourself.

Stay At Home Parent / Housewives: Take those ideas you've had for the last few years and get them into the right hands to turn the ideas into Intellectual Property or products than can be marketed with new or existing companies.

Product Developers: Help determine which product ideas to bring forward first by establishing likely scenario's for product success in the market place.

Small Business Owners: Try out a few "what if" scenarios and measure the impact to your existing organization.

Investors: Use the Idea Composer to analyze prospective product and company ideas. Cut to the chase - and get to the important bottom line numbers quickly.

What will the program do?

Forecast Price : Helps to find optimum pricing strategies using cash analysis.

Forecast Break-Even point: Will tell you how many units have to be sold to break even.

Forecast Maximum Cash Required: If you need outside money - this will tell you how much you need and when you will need it.

Illustrates the impact of hiring employees: Hire someone and create more productivity and increase costs - see what the effects are to the bottom line.

Forecast the effects of inventory:  See what the effects of inventory for each product has on cash and when it occurs.

Compare potential bottom lines: Analyze up to four (4) ideas at the same time and determine the winners and losers.

Evaluate existing companies or ideas: With little information it is easy to evaluate competitive products for estimated costs and profitability.

Evaluate the Contribution: See what the Contribution of a proposed product will have on an existing product line - see what the bottom line contribution is likely to be.