Does anyone know about licensing?
My business is software that I feel online for schools as an app and a plug in and I want to license it to other markets and have interested parties who want to get involved but I dont know how much to charge as a licensing fee.
My product is fully automated and customers sign up for a trial and buy it all online and we offer support if they need it, our average price is around $1500 and it doesn't take much selling as the customers really need our product as it solves a massive problem.
Any ideas what is the right fee to charge and any ideas about setting it up or where to start.
Thanks
Ben
My business is software that I feel online for schools as an app and a plug in and I want to license it to other markets and have interested parties who want to get involved but I dont know how much to charge as a licensing fee.
My product is fully automated and customers sign up for a trial and buy it all online and we offer support if they need it, our average price is around $1500 and it doesn't take much selling as the customers really need our product as it solves a massive problem.
Any ideas what is the right fee to charge and any ideas about setting it up or where to start.
Thanks
Ben
via Small-Business-Forum.net http://www.small-business-forum.net/franchising/10567-licensing-fees.html
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