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Licensing
rrodrth's Avatar
Darwin Roth

Is it possible to license one product to more than one company?

posted January 17, 2012 14:39 (
)


rrodrth's Avatar
Darwin Roth

Probably exclusive.

posted January 17, 2012 17:40 (
)
rrodrth's Avatar
Darwin Roth

Thanks guys, I had always thought one license per invention. Since I have not dealt with this yet I figured I would come to the team.

Scott, I wanted to do what you are doing, I am having challenges getting new stores and since I make my product, the bigger I get the less able I am to make product. I am being forced to look at licensing as my next step.

posted January 17, 2012 16:24 (
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Anthony Costa
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How does EN handle the license agreement exclusive or non-exclusive??

posted January 17, 2012 16:23 (
)
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Scott Thieman

I think the best (if not only) chance of obtaining multiple agreements is if you have already assumed the risk and are manufacturing (or have sourced and financed) already. To have a licensee assume any risk with a non-exclusive agreement will be a hard pitch to throw.

I continue to refine the manufacturing so that when large contracts come my way I can fulfill and be profitable. If a licensee comes my direction, the odds that I’m willing to sign an exclusive agreement become less and less. That is only because I’ve assumed the risk.

Although I know I’m not in control of any outcome, I prefer to have the best hand that I can have. That means I need to continually improve my hand and learn how to play the game. One Ace needs to have 4 other cards to have a hand to play. Sometimes you can throw an Ace and win, other times you need to show the entire hand.

posted January 17, 2012 15:23 (
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Eric Huber
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It is rare, but it’s possible if the multiple companies operate in distinctly different markets and/or geography.

posted January 17, 2012 15:19 (
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joseph jackson
121,250
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I believe if the license agreement is nonexclusive then you can give several parties the right to produce and sell your product.

posted January 17, 2012 15:12 (
)



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