Home » Posts tagged LICENSING

6 Powerful Ways Owning Your Own Products Can Make You Rich

Although there are advantages to selling other people`s products and services, there are also drawbacks. For example, the lack of exclusive rights to your own proprietary product can mean that you are just one of the thousands selling the same thing. Excessive competition can cause you to drop your prices and to lose sales, thus affecting your profits and cash flow that are so essential to your business survival. For this reason, you may decide to develop your own proprietary p...