Can you resell a software license?
A software resale license usually authorizes the resale licensee to sell software copies to buyers who receive an end user license agreement (EULA) to use the software. These EULA purchasers cannot in turn legally sell copies of the application to others.
What is a licensing strategy?
Licensing is a transfer-related market entry strategy. It involves a company (known as the licensor) granting permission to a company in another country to use its intellectual property for a defined time period.
Why is selling software illegal?
When something is copyrighted, it means that the author has the right to decide how it is used, how it is distributed, and to whom. Therefore, it is usually illegal to share copyrighted software because that’s the way the author wishes it to be treated.
Why is software licensed and not sold?
The license is a legally-binding agreement that determines how you may use that product. If software was “sold”, you would be the legal owner and could do what you wanted, e.g. install it anywhere, disassemble it, give it away or anything else that didn’t contravene copyright laws.
Why is licensing important for a business?
From the point of view of the city issuing a license, business licenses are important because they provide a record of all businesses who may owe tax to the city. Many cities require license holders to pay quarterly taxes on merchandise sold in order to keep the license current.
What does a software license do?
A software license is a document that provides legally binding guidelines for the use and distribution of software. Software licenses typically provide end users with the right to one or more copies of the software without violating copyrights.
What is a good licensing deal?
Royalty rates vary per industry, but a good rule of thumb is between 2-3\% on the low end, and 7-10\% on the high end. I have licensed consumer products for as low as 3\% and as high as 7\%, with 5\% being the most common and a generally fair number.
What are the 3 P’s of licensing?
protection, promotion, and profit
The 3 P’s of collegiate licensing are protection, promotion, and profit.
Is it OK to copy software?
Copying software is an act of copyright infringement and is subject to civil and criminal penalties. It’s illegal whether you use the copied software yourself, give it away, or sell it. And aiding piracy by providing unauthorized access to software or to serial numbers used to register software can also be illegal.
How important is the choice of licensing scheme when selling software?
Although the decision of which licensing scheme to use is only one aspect of many when selling software, it can greatly influence other parts. Tasks like marketing or choosing your market are not independent from the choice of your license.
Can I sell a source code license?
If you do wish to sell a source code license at an additional price, (rather than offering Escrow), you are free to do so, but we would recommend a restricted license to use the source code. e.g.
Do I need a software license agreement for my product?
No – we recommend that you find a Legal Counsel that has experience in writing software license agreements and instruct them to create a set of terms and conditions for your own organization. Ideally you should display your EULA to a customer for acceptance, prior to them running the installation process for your product.
Where can you sell your software business?
Where Can You Sell Your SoftwareBusiness? Smaller software business and micro-businesses are usually best sold privately by the owner through forums or classified websites. To sell your small business, check out: