Are You Confusing the Royalty Rate with the Royalty Calculation?
When it comes to getting paid in a licensing deal, there’s a big difference between what the royalty rate is and how it’s used to calculate royalty payments. If it’s …
How to Set Up Territories in a Licensing Agreement
When it comes to licensing, there are many ways to divide rights. One of the most common is the territory. Some IP, such as movies and TV shows, are more …
Are You Using the Right Type of Licensing Agreement?
Just like in real estate, there are different types of licensing agreements for different types of intellectual property. Use the right agreement and your partnership runs smoothly, but if you …
Is Your Licensing Agreement Riddled with Holes?
Taking short cuts to get a deal completed is tempting, but the easy way often leaves agreements riddled with holes that later result in disagreements, wasted time and effort, and …
Are You Getting Short-Changed on Your Royalty Reports?
How do you know your licensees are paying the correct amount of royalties? Generally, royalties are paid quarterly with statements from your licensing partner showing the previous quarter sales and …