| Write You |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Business > 10 Questions to Ask Before Licensing Your Program |
|
Write You - 10 Questions to Ask Before Licensing Your Program
The Time Dimension - Presented Versus 1991 Zip Codes the grounds for terminating a licensing agreement?An important object to keep in mind about ZIP code finder is that they change over time. In some cases these change can be quite amazing, but more frequently they are small and subtle. When a ZIP code changes its definition it does not change its name like a census zone. The ZIP code that was called '63301' in St. Charles County, Mo in 1985 has since been broken into first two and now three ZIP code 10. What actions must be taken by both you and the licensee in the event a license is terminated? In the process of drafting your licensing agreement, I would strongly encourage you to hire an intellectual property attorney who has experience in licensing products or programs. S/he will tell you where the holes are in your agreement, and make suggestions for other issues you need to consider. Licensing your programs or products is a great way to get the word out about what you do, and have others (your licensees) pay you for the privi Is It Resistance Or Is It Fear - What's The Difference? Once you have several products or services that are selling quite well, your customer will begin to ask if you will permit others to use your product as the basis for training that they are doing. Or, if you are doing training or consulting, you may be asked if you'll train others to be a trainer using your system.Fear will jetison you into fight or flight mode. Resistance will try to figure things out. Why? Because fear is a vibration of powerlessness and resistance is a vibration of opposition.On an energetic level, powerlessness feels quite different from opposition. Test it out. Think this thought: fear. How did your body respond to the thought of fear? Did you notice your eyes dilating? Di This is the perfect opportunity for you to consider licensing your content or program. You've only got so many hours in the day, and if you have others delivering your content and/or requiring the purchase of your materials, your business will grow exponentially as a result. Here are some issues to think about as you consider licensing your content to others: 1. What will you charge for a licensing fee? Will it be a one-time fee or something that has to be renewed periodically, like on an annual basis? Or, do you base it on a percentage of sales? 2. Will you charge a royalty for each product sold or per participant in a training session? What systems do you need to put into place to ensure that you are being compensated appropriately for each sale? Does the fee increase when the sales volume hits a certain level? 3. Is the licensing exclusive, i.e. pertinent to a particular project only, or can it be used at the licensee's discretion? 4. How will you ensure that your content is being delivered appropriately? Do you require each licensee to go through training? Is that an additional fee that you charge, or is that a part of the initial licensing package? 5. What are the requirements for your licensees to purchase any materials for a licensed training (CD programs, ebooks, etc.) through you, or if the materials are available through other sales outlets, can the materials be purchased elsewhere? Do you offer the materials to them at a discounted rate? 6. Can your licensees modify or alter your program or content in any way to fit the needs of various target markets? If so, what are the parameters for doing so? Does the modification need your approval? 7. Can your licensees adopt any part of the name of your licensed product into their business name in any way, or into a domain name for a website? 8. In what ways do your licensees have to display your logo, trademark info, or contact information for any products or training they license from you? What are the standards for usage of such information? 9. What are the grounds for terminating a licensing agreement? 10. What actions must be taken by both you and the licensee in the event a license is terminated? In the process of drafting your licensing agreement, I would strongly encourage you to hire an intellectual property attorney who has experience in licensing products or programs. S/he will tell you where the holes are in your agreement, and make suggestions for other issues you need to consider. Licensing your programs or products is a great way to get the word out about what you do, and have others (your licensees) pay you for the privil An Introduction To Workholding Components are some issues to think about as you consider licensing your content to others:Workholding components are usually accuracy made production tooling used to securely and precisely place and hold work pieces in a production line course. Workholding components normally comprises of alignment pins, finders, clamps, jaws, bushings, modular fixtures, and as well of some other vises. A worktable vise has flat; a like jaws and is close to a workbench.A machine vise clamps the wo 1. What will you charge for a licensing fee? Will it be a one-time fee or something that has to be renewed periodically, like on an annual basis? Or, do you base it on a percentage of sales? 2. Will you charge a royalty for each product sold or per participant in a training session? What systems do you need to put into place to ensure that you are being compensated appropriately for each sale? Does the fee increase when the sales volume hits a certain level? 3. Is the licensing exclusive, i.e. pertinent to a particular project only, or can it be used at the licensee's discretion? 4. How will you ensure that your content is being delivered appropriately? Do you require each licensee to go through training? Is that an additional fee that you charge, or is that a part of the initial licensing package? 5. What are the requirements for your licensees to purchase any materials for a licensed training (CD programs, ebooks, etc.) through you, or if the materials are available through other sales outlets, can the materials be purchased elsewhere? Do you offer the materials to them at a discounted rate? 6. Can your licensees modify or alter your program or content in any way to fit the needs of various target markets? If so, what are the parameters for doing so? Does the modification need your approval? 7. Can your licensees adopt any part of the name of your licensed product into their business name in any way, or into a domain name for a website? 8. In what ways do your licensees have to display your logo, trademark info, or contact information for any products or training they license from you? What are the standards for usage of such information? 9. What are the grounds for terminating a licensing agreement? 10. What actions must be taken by both you and the licensee in the event a license is terminated? In the process of drafting your licensing agreement, I would strongly encourage you to hire an intellectual property attorney who has experience in licensing products or programs. S/he will tell you where the holes are in your agreement, and make suggestions for other issues you need to consider. Licensing your programs or products is a great way to get the word out about what you do, and have others (your licensees) pay you for the privi What's the Measure of One Word? ent to a particular project only, or can it be used at the licensee's discretion?It's absolutely essential that you find a way to differentiate your business in a meaningful way. I know I talk about this all the time, but it's that important.What if you interviewed a handful of clients and asked them this question: "What's the ONE word you would use that best describes what we do well?" Is it fast, attentive, welcoming, creative, cheap, cool, techie, smart, caring? One wo 4. How will you ensure that your content is being delivered appropriately? Do you require each licensee to go through training? Is that an additional fee that you charge, or is that a part of the initial licensing package? 5. What are the requirements for your licensees to purchase any materials for a licensed training (CD programs, ebooks, etc.) through you, or if the materials are available through other sales outlets, can the materials be purchased elsewhere? Do you offer the materials to them at a discounted rate? 6. Can your licensees modify or alter your program or content in any way to fit the needs of various target markets? If so, what are the parameters for doing so? Does the modification need your approval? 7. Can your licensees adopt any part of the name of your licensed product into their business name in any way, or into a domain name for a website? 8. In what ways do your licensees have to display your logo, trademark info, or contact information for any products or training they license from you? What are the standards for usage of such information? 9. What are the grounds for terminating a licensing agreement? 10. What actions must be taken by both you and the licensee in the event a license is terminated? In the process of drafting your licensing agreement, I would strongly encourage you to hire an intellectual property attorney who has experience in licensing products or programs. S/he will tell you where the holes are in your agreement, and make suggestions for other issues you need to consider. Licensing your programs or products is a great way to get the word out about what you do, and have others (your licensees) pay you for the privi Alright Isn't All Right in Business Writing nted rate?Basic business writing (letters, memos, emails) today is supposed to be informal and conversational. "Write more like you talk" is the advice frequently given by business writing experts. Many of the grammar rules that we learned in school either no longer apply or have been altered to fit the times. American English is based on common usage, which means that even if something is done incorrectly ac 6. Can your licensees modify or alter your program or content in any way to fit the needs of various target markets? If so, what are the parameters for doing so? Does the modification need your approval? 7. Can your licensees adopt any part of the name of your licensed product into their business name in any way, or into a domain name for a website? 8. In what ways do your licensees have to display your logo, trademark info, or contact information for any products or training they license from you? What are the standards for usage of such information? 9. What are the grounds for terminating a licensing agreement? 10. What actions must be taken by both you and the licensee in the event a license is terminated? In the process of drafting your licensing agreement, I would strongly encourage you to hire an intellectual property attorney who has experience in licensing products or programs. S/he will tell you where the holes are in your agreement, and make suggestions for other issues you need to consider. Licensing your programs or products is a great way to get the word out about what you do, and have others (your licensees) pay you for the privi Beware Industry Association Leaders Who Act Like Bureaucrats the grounds for terminating a licensing agreement?If you own a small or medium sized business and you believe that by joining an industry association they will some how help you, then you might be rather upset in the future to learn that your association acts more like a bureaucracy than an actual business operation. Some say that organizations and associations act like bureaucracies in order to deal with the government bureaucracies better. This m 10. What actions must be taken by both you and the licensee in the event a license is terminated? In the process of drafting your licensing agreement, I would strongly encourage you to hire an intellectual property attorney who has experience in licensing products or programs. S/he will tell you where the holes are in your agreement, and make suggestions for other issues you need to consider. Licensing your programs or products is a great way to get the word out about what you do, and have others (your licensees) pay you for the privilege of distributing your info around the globe. Take a look at your products and services with a discerning eye. Which of them could you license to others today?
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Why You Shouldnt Waste Your Time Selling Low Ticket Items How to Find the Best Merchant Account Provider for Your Business Test You Residential Construction Estimating Know How
|