Licensing can work well for small companies that have come up with a new product.

Name: Licensing can work well for small companies that have come up with a new product.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Licensing allows small companies to monetize their intellectual property without having to invest in manufacturing or marketing. This can be especially beneficial for those with limited resources and a new product, as it allows them to generate revenue and expand their market reach without taking on significant financial risks.

Licensing Can Work Well for Small Companies That Have Come