Licensing and distribution may help to expand your San Diego business model. Are you looking for new ways to expand and grow your business?
Most business owners and corporate officers are constantly searching for effective strategies to grow their business. Licensing and distribution may provide two effective options to accomplish this goal. Licensing leverages the power of your brand and intellectual property and processes. It provides a vehicle for you to monetize the value of those assets across a much larger playing field geographically. Licensing allows you to take your brand and intellectual property into markets that you are not able to presently develop on your own.
Businesses in other vertical markets, geographies, nations or continents will pay you a royalty to be able to apply your intellectual property to their specific business opportunities. These royalties increase profitability while expanding your company’s influence and power.
Distribution agreements expand the reach of your products and services into markets that your company might otherwise never reach. Distribution agreements allow your company to expand sales and production profitability without adding significant overhead and employee loads. The resulting economies of scale lower the cost of producing your company’s products increasing profit margins and substantially contributing to the corporate bottom line. Licensing and distribution may help to expand your San Diego business model and increase the value of your own company while enhancing your ability to conduct additional research and product development to pursue new opportunities.
Licensing and distribution require sophisticated legal partners who understand your business, as well as the risks and potential liabilities associated with these strategies. The attorneys at the Watkins Firm have successfully guided San Diego companies and corporations through growth strategies such as licensing and distribution for several decades. We have the expertise, skill and experience to help you take the next step to grow your business. Contact the Watkins Firm or call us today for a free and comprehensive consultation at 858-535-1511.