by The U.S. National Archives If you are the creator of a product of any type you may want to consider product licensing instead of simply selling all rights away to a company. The difference here is that product licensing gives a company or individual a specific time to use your product for a contracted amount. You can negotiate the amount and time before you sign the agreement but once it is signed by you and the interested part, the … [Read more...]
Contract Management: Understanding The Product
by The U.S. National Archives Contract management, simply put, is the administration of different business agreements between your company and any other vendors that you may work with. It begins with a working agreement about what the completed project should look like. Then, as a contract administrator, you have to work backwards to sort out which materials, how much money, and how much time you will need to achieve that goal. Contract … [Read more...]