We use this worksheet to walk ourselves from the inception of an idea to the point where we will will start manufacturing or licensing it. The key thing to note is that we do some initial market research, write a provisional patent, and then use the first few rounds of cold-calls and sales to get feedback and rethink our product. The idea is to get a product sales ready as soon as possible. Sometimes after the first round of talking to manufacturers, we determine that we need to go back to the drawing board completely.
Feel free to use the worksheet above yourselves in any way you choose. It is basically an extraction of Stephen Key's book, Sell Your Ideas With or Without A Patent.
For a detailed course on how to follow this worksheet through and through, check out our blog post, 3 Essential Books to Teach You How To License Out Your Idea