10 Tips for Landing a Product Licensing Deal

StartupNation

10 Tips for Landing a Product Licensing Deal

While obtaining a license from a third party to produce your product is challenging, it can be done. Here are ten tips for landing a product licensing deal.

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Miguel Hammond

Love it! Very relevant to where I'm at right now. Thanks

damponting44

10 tips for landing a products licensing deals:

·         Know your stuff

·         Know the downside

·         Present like a pro

·         Get it protected.

·         Submit smart!

·         Analyze your targeted licensee

·         Don’t reinvent procedures

·         Find a champion.

·         “No” is an opportunity

·         Multiple baskets.

salenadam

10 tips for landing a products licensing deals:
1Examine Your Options: Licensing a Product vs. Starting a Small Business
2) Understand the Math of Starting a Small Business
3) Understand the Math of Licensing a Product/Service
4) Examine Your Options: Licensing a Product vs. Crowdsourcing
5) Get More Information: How Does Licensing Work?
6) Analyze your targeted licensee
7.)Know the downside
8)Multiple baskets.
9) Submit smart!
10)Understand the Patent Application Process