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What is a normal licensing fee as a percentage of sales for a mechanical product?

April 26, 2017fee licensing mechanical normal PERCENTAGE Product sales

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What is a normal licensing fee as a percentage of sales for a mechanical product?

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Licensing your product can be a complex area, and, consequently, your question is difficult to answer. You may go to the Licensing Executive Society at http://www.uspto.gov/cgi-bin/exitconf/internet_exitconf.pl?target=www.les.org for online information. For further information, please send us an email at bambi@bfwpc.com or call us toll free at 1-888-388-9614.