Business Terms: We will show you how your technology can be successfully
packaged, priced, A license agreement should reflect the way you run your
business, not dictate it. By understanding the business needs of both you and your
licensees, we will draft the appropriate set of business terms to govern the
transfer and use of your technology, then create a license agreement that meets
those needs.
Payment Terms: Selecting the right model for payment of license fees will
depend on your financial goals, the type of technology and how it will be used by
your licensees. Your company's strategy for revenue recognition and taxes may also
effect the optimal method of receiving payments.
Negotiation: While some licenses are based on a shrink wrap "take it or leave it"
model, higher value technology usually involves a negotiated license agreement
between the owner of the technology and the licensee. With extensive experience
on both sides of license negotiation, TTSI can advise you, or act on your behalf in
license negotiations.
Marketing and Sales: The target market and potential licensees for your
technology may be very different from your traditional customer base. TTS can
set up a program to promote your technology as well as negotiate and close
deals on your behalf.
Ensuring that you exploit your
technology to its full potential
is a complex task.
When you license your
technology to others, you will
want to ensure that a
profitable, manageable and
secure relationship is
established with your licensee
for the life of the license
agreement.
Technology Licensing
www.turnerstrat.com
Call 519-856-2559
