Tag: money

How to Avoid Desperation Licensing

11/12/201911/18/2019 Rand Brenner Licensing#licensing, IP, money, plan, start-up, strategyLeave a comment

Don’t’ let this happen to your start-up. You spend all your money on hiring the right people, developing your IP, travel to meetings, investor presentations, legal fees, prototypes, marketing, and other expenses that just pop-up. One day your accountant tells you your current cash burn rate is only enough for […]

Is Your Royalty Rate Open to Interpretation?

04/17/201812/10/2020 Rand Brenner IP Management, Royaltiesagreements, Intellectual Property, IP, licensing, mistakes, money, paid, royalties, termsLeave a comment

Recently Qualcomm announced it was taking a hit on its revenue forecast. The reason is a royalty dispute with Apple, which is withholding royalty payments on its contract. At issue is the royalty rate formula that determines how much Apple owes Qualcomm for the rights to use its chips in […]

How Your Startup Can Avoid Big IP Development Costs

08/29/201701/14/2018 Rand Brenner IP Development#licensing, development, Intellectual Property, IP, money, R&D, startup, strategyLeave a comment

For many startups, going all the way from IP development to market launch is often capital intensive. Many times funding is hard to get because of the high costs and risks involved. That’s where the licensing route is one of best strategies to use.

How to Use Licensing to Scale Up Your Business

02/14/201702/13/2017 Rand Brenner IP Audit, IP Management, Licensing Strategybusiness, Intellectual Property, investors, IP, licensing, money, scale, startupLeave a comment

The expectation to grow fast with fewer resources is always a challenge, especially for small businesses and startups. “Can it be scaled” is something you often hear from investors evaluating the revenue potential of your business model. A software product is a classic example of a scalable business. The costs […]

Is Your Business Making the Right IP Investments?

01/31/201701/31/2017 Rand Brenner IP Development, IP Managementbusiness, funding, grow, investment, IP, money, valueLeave a comment

Intellectual property is now center stage for every business everywhere. And it’s imperative your business makes the best use of its IP assets. That means making it part of your long and short-term strategy. But more important, you must make the right investments in developing, acquiring, protecting and managing your […]

Is Your Patent Costing You Hundreds of Thousands of Dollars?

08/19/201502/23/2021 Rand Brenner Intellectual Property, Patentsaction, infringment, IP, licensing, litigation, money, PatentsLeave a comment

Not taking action with your patent will cost you over $250,000. And that’s not counting the cost of lost revenue opportunities or litigating any infringement. It’s estimated that the average cost over the course of the 20-year life span of a single patent is about $100,000.00 – or roughly $5,000 per year in maintenance fees. And that doesn’t begin to cover the initial investment, which on average is about $150,000.00 to develop a single patentable invention. That’s due in part because the U.S. patent office currently rejects about 65% of all patent applications.

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