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#3
September 25, 2007, 04:19 PM
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Here's One
Gordon says "what is there... that YOU could
"franchise"...or the easier and just as profitable route: LICENSE?" I publish a monthly real estate book. Started it about a year ago. I've been tossing around the idea of licenseing the book. A couple of months ago I got a call from a girl in a neighboring state asking if I sold a package for her to do her own book in her area. This was an opportunity to get an upfront License Fee and a monthly residule. A friend of mine has 13 people paying him royalty fees of $300 per month each on a free pick up publication he licensed to them and gets between $10,000 and $20,000 each up front and he's really just getting started. In each of these publications the licensee also has to run 'Own Your Own Business' ads. This gets him more leads for more books in other areas. A really great concept. This is an excellent way to get into a toll position. Take what you do and show someone else how to do it for a fee and monthly royalty. Anyone else? 
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