10 Tips for Landing a Product Licensing Deal

StartupNationStartupNation administrator Posts: 625 Site Admin
edited October 2017 in Recent StartupNation Articles

image10 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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Comments

  • Miguel HammondMiguel Hammond subscriber Posts: 53 Bronze Level Member
    Love it! Very relevant to where I'm at right now. Thanks
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  • damponting44damponting44 Punesubscriber Posts: 34 Bronze Level Member
    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.





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  • salenadamsalenadam Canadasubscriber Posts: 99 Silver Level Member
    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
    Appliance repair service
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