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Franchise or Licensing ageement?

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GHVan

New Contributor
Joined
Jul 13, 2008
Messages
47
Location
Vancouver, Canada
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$180
User Power: 6%
Currently, I have an internet business which has been doing very well so far. I have been approached by a very interested group out of state who currently wants to use my backend technology and have the territorial rights.
However, I'm not sure whether I should take the route of a franchise model or a territorial licensing agreement?
Also, I'm wondering if there would be a possibility if someone would have a example of a Licensing agreement that is catered to a technology company that I could reference of off.
I really appreciate the feedback!!

GHVan
 
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Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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