Tracking & Collecting Royalties
Tracking & Collecting Royalties
(OP)
What mechanisms can one use when setting up a per unit royalty arrangement with a private small business? Obviously you need to have trust with those you are doing business with. But, are you totally at their mercy? What can you do to ensure your interests are protected?
Example: Engineering firm develops a useful and unique widget. Manufacturing company intends to make and market the widget and pay engineering firm on per unit basis.
Example: Engineering firm develops a useful and unique widget. Manufacturing company intends to make and market the widget and pay engineering firm on per unit basis.





RE: Tracking & Collecting Royalties
Dan - Owner
http://www.Hi-TecDesigns.com
RE: Tracking & Collecting Royalties
David Simpson, PE
MuleShoe Engineering
"Belief" is the acceptance of an hypotheses in the absence of data.
"Prejudice" is having an opinion not supported by the preponderance of the data.
"Knowledge" is only found through the accumulation and analysis of data.
The plural of anecdote is not "data"
RE: Tracking & Collecting Royalties