Thursday, December 31, 2009

Sales And Marketing Agreement I Received An Exclusive Licensing Agreement For A New Product I Designed. Is 4% Of Net Sales A Good Royalty?

I received an Exclusive Licensing Agreement for a new product I designed. Is 4% of net sales a good Royalty? - sales and marketing agreement

The company manufactures and sells the product at no cost to me. They also have a retail presence.

1 comment:

BeenTher... said...

Without knowing more about him - on the surface I would say that 4% is outstanding. Make sure you know what the sales "net".

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