The Licensing Toolkit
5 Essential Tools for Creating Money-Making Licensing Deals
Licensing is a process that isn’t hard to follow. What makes it challenging are the mistakes from doing the wrong things. Then you wind up wasting a lot of time, resources, and money on the wrong actions.
But there is a better way. That’s why I created The Licensing Toolkit. It gives you the how-to steps and time-saving shortcuts to get your licensing program in motion and put your IP to work, making money for you.
Here's What is Included in the Toolkit
The Licensing Toolkit includes the 5 core tools you need to get your licensing program in motion. Here’ a brief summary of each tool:
IP Inventory Worksheet
The IP Inventory Worksheet and IP Protection Questionnaire: These worksheets will help you quickly organize your IP and make sure it’s protected. The IP Inventory helps you create a list that includes all the different parts of your IP and figure out what parts to include in your licensing opportunity. In the second worksheet, you’ll answer a series of short questions that will help you make sure your IP is properly protected.
Quick-Start Licensing Plan Worksheet
The QuickStart Licensing Plan Worksheet: This one-page worksheet helps you quickly create an action plan for your licensing program, including who’s the correct type of partner, your crucial deal terms, and how you’ll market it.
Licensing Opportunity One-Sheet
The Licensing Opportunity Profile Template: A simple one-page “fill-in-the-blanks” template to quickly create a summary of your IP and the licensing opportunity, which is the first information you’ll send a potential licensing partner.
Licensing Partner Qualification Questions
Licensing Partner Qualification Questionnaire: Use this one-page questionnaire to qualify your licensing partners quickly. It includes the four critical areas of information you must know about them to decide if they would be the correct type of licensing partner.
The Negotiating Checklist: It’s a one-page checklist covering the ten most essential business terms for your licensing agreements. Fill it out before you start your negotiations and use it to guide you in negotiating these terms with your licensing partner.
Get Your Licensing Program in Action Today
You can make money with your IP if you take action and use the tools in The Licensing Toolkit. You will learn the inside secrets, the how to tactics, and the time saving shortcuts to get your licensing program in motion.
If you take action, follow the system and continue the process, you will find new opportunities and you will succeed in creating money making licensing deals with your intellectual property.