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Should You License Your Product? An expert breaks down the good and the bad of licensing to help you decide.

By Joe Worth

This story appears in the July 2015 issue of Entrepreneur. Subscribe »

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Q: What are the pros and cons of licensing my product instead of manufacturing and selling it myself?

A: This is a dilemma that has been faced by inventors since, well, forever. Let's break it down.

The Good

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