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Dacey Rankins

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2026-06-12 17:14:42 -

What Are the Benefits of Licensing a Brand?
A strong brand is a peculiar asset. You cannot touch it. You cannot store it in a warehouse. You cannot place it on a truck and ship it across the country. Yet in many organizations, it is worth more than the buildings, machinery, inventory, and equipment combined. That reality creates an interesting question. If a brand has value, should that value remain confined to a single company?...

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Dacey Rankins

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2026-06-11 11:31:27 -

How can I license my invention or brand?
Most people assume the goal is ownership. Build the company. Manufacture the product. Open the locations. Manage the employees. Control everything. The entrepreneurial imagination often gravitates toward scale through possession. Yet some of the most profitable intellectual property owners in the world do something remarkably different. They allow others to do the heavy lifting. Others...

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Dacey Rankins

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2026-06-12 18:57:34 -

How Do Licensing Royalties Work?
Money has a peculiar habit of revealing what people truly value. Ask an inventor how much their patent is worth. Ask a musician what their catalog means to them. Ask a brand owner why a logo matters. The answers often begin with passion. Creativity. Innovation. Years of effort. Then, sooner or later, the conversation arrives at a more practical question. How much should someone pay to...

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Dacey Rankins

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2025-04-04 14:16:59 -

How Do Startup Founders Protect Their Intellectual Property?
In the fast-paced world of startups, intellectual property (IP) is one of the most valuable assets a founder can possess. Whether it’s a unique product, brand, or technology, protecting your IP ensures that competitors can’t exploit your ideas and that you retain control over your creations. However, safeguarding IP can be a complex process that requires a deep understanding of...

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Dacey Rankins

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2026-06-11 10:40:29 -

How Do Trademark Licenses Work?
A name can be worth more than a factory. A logo can command greater loyalty than an entire product line. A symbol printed on a coffee cup, stitched onto a shirt, or displayed above a storefront can influence purchasing decisions before a single word is spoken. That is the strange power of trademarks. Most people understand trademarks as legal protections for brands. Fewer understand how...

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Dacey Rankins

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2026-06-13 12:11:08 -

How Much Can You Earn From Licensing?
The most seductive business models often share one characteristic. They separate effort from scale. A manufacturer must build another product to generate another sale. A consultant must allocate another hour to serve another client. A retailer must acquire additional inventory to grow revenue. Licensing operates differently. Under the right circumstances, an idea created once can generate...

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Dacey Rankins

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2026-06-12 17:05:09 -

Is Licensing Better Than Franchising?
Business leaders love definitive answers. Which strategy grows faster? Which structure generates more profit? Which model reduces risk? Which path creates the strongest competitive advantage? The problem is that business rarely rewards simplistic questions. And almost never rewards simplistic answers. Consider two companies. One licenses its intellectual property across dozens of...

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Dacey Rankins

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2026-06-13 12:12:26 -

What Is a Typical Royalty Rate?
Few questions in licensing generate more confusion than this one. What is a typical royalty rate? At first glance, it seems like a straightforward inquiry. A percentage should exist. An industry standard. A benchmark. A number that licensors can demand and licensees can expect. Yet royalty negotiations rarely operate with such simplicity. Ask ten licensing professionals about royalty rates...

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