3 Big Errors That Can Cost You Lost Royalty Revenues

How do you know your licensees are paying the correct amount of royalties? Generally, royalty reporting is done on a quarterly basis. The licensee is required to provide a statement showing the previous quarter sales and amount of royalties paid. However there are still a number of ways that royalties can be under reported. Here’s a list of the 3 big royalty reporting errors and how to avoid them: