Show 055 – When to Use Licensing

Are you looking at growing your business through licensing? Essentially, a licence gives the third party the right to use your intellectual property usually in return for a fee. The business relationship usually allows the third party to use the name of the licensor’s business to trade with whilst protecting other aspects of the business. Listen to this episode to understand licensing better and see if it could benefit your business.

Do you need specific legal advice? Call us to discuss growing your business successfully through each cycle with professional legal advice and support from us at SMS Law. Don’t forget to subscribe to the podcast!

#togetherinbusiness #smslaw #lawyer #businesslegallifecycle #smallbusiness