On May 20th I recieved a patent for a new thumb for excavators or backhoes with or with out extendable booms.
I am trying to get a manufacturer and distribuator and need sudgestions as to what I should ask for. I was thinking 10% of the wholesale price if a non-exclusive agreement and up to 25% if an exclusive agreement. Should I expect some money up front? and are my percentages fair and reasonable?
Pictures of the thumb can be seen on my website www.greensboro-sand-gravel.com