Our online IP toolkit offers you cost-effective and easy-to-access tools to discover, manage and value your intellectual property and other intangible assets.
IP is the currency of the knowledge economy, so every business should know what it has in the bank. Sollomon®, the world’s first online IP valuation tool, is convenient, impartial, confidential and highly cost-effective, delivering results instantly. Now, Sollomon2 provides additional ways to value your IP for a small extra fee.
If you want to raise funding, explore licensing, start exporting, value, transfer or sell the assets in your company, form partnerships, create spin-outs… in fact, if you want to transact any kind of business with IP – start with our online IP toolkit!
The Goldseam Profiling Tool
Our unique, tried and tested online profiling system works for all countries.
Use it to identify all the assets you own in six categories, and create a free sharable report of your own ‘IP inventory’ – all in just 15 to 20 minutes.
Development stage: pick the step that best describes the level of maturity of the product, service or concept you’re investigating.
Know-How: bring out your capabilities using our library of technologies and skills, organised into knowledge ‘families’.
Benefits: express your unique selling points by selecting from Goldseam’s three categories of advantages.
Target markets: describe the sectors you sell to, using 20 interlocking categories, and refine using sub-sectors as needed.
Registered rights: record your patents, trade marks and/or designs (domestic and international) – we have online look-up facilities to assist you.
Intellectual assets: define your unregistered intangible assets in five categories – copyright, contracts, internal resources, external relationships and third party endorsements.
Sollomon indicative valuation tool
A world first, Sollomon provides a consistent, standardised indicator of IP value. Two versions are available: both provide immediate results which are then moderated by the Inngot team.
Knowing and demonstrating the value of your IP can help you:
- Prepare your business for equity investment
- Sell or license your IP, or knowledge-based products and services that contain it
- Use your IP and intangibles as security for debt finance
- Work out the implications of transferring your assets
- Evaluate your exit options
Sollomon, originally designed with specialist input from Grant Thornton UK LLP, is fully integrated with the Inngot profiling system. As soon as you have identified your IP, you can find out what it’s likely to be worth by entering the numbers from your business plan and some historical financials.
You’ll get a report immediately – and our head office team will then check the contents and come back to you (usually within a day) with suggestions to help you get the most representative result.
Choose from two versions:
- The original Sollomon tool uses the ‘relief from royalty’ method recognised in International Valuation Standards. This indicates how much value your IP contributes to your business
- Sollomon² adds two cost-based calculations – reproduction cost and amortised cost – to show you the current value of your investment
As well as the UK and Ireland, the Sollomon valuation system is currently optimised for Australia, Canada, India, Kenya, Malaysia, New Zealand, Norway, Portugal, Russia, Singapore, Spain, Sweden, Thailand and the US. It is multi-currency. Contact us if you want to conduct a valuation but are based in another country.
The value of IP and intangibles a company will uncover can vary widely. But, on average, Sollomon users found £2.1m of previously unaccounted-for assets in 2019!
How much are you hiding? Use our online IP toolkit to find out!
If our tools aren’t quite what you’re looking for, then check out our range of customised IP services.
Appraise: your IP Action Plan
Appraise is our online IP diagnostic tool. It provides an interactive action plan, personalised to the contents of your profile. Created by the Inngot team, it’s based on over 50 years’ combined, hands-on experience in managing and commercialising IP.
Our feedback comes in three varieties:
Potential risks associated with your assets which may require your attention.
Tips on how to make your IP stronger or more commercially attractive.
Other information you need to know, to help you consider your options.
Whilst we know a lot about IP law, Inngot specialises in the commercial aspects. We won’t write your patents or register your trade marks (there are lots of good firms who can do that).
We focus on helping you work out how to reduce risk and maximise your IP and intangible asset value.
The Appraise Action Plan is currently optimised for the UK. If you need something even more personalised, we can provide UK customers with an IP audit
Get your Appraise IP Action Plan for just £95 +VAT*
*VAT charged where applicable. Rates vary by country
