what are licensing fees for course materials?

by Marcus Thiel Sr. 9 min read

How much does it cost to license training?

The most common condition associated with licensing training materials has to do with limiting use to one individual, and this is the way course pricing has traditionally been set. So if a customer has 271 employees who require training, then they are required to pony up $250 (or whatever the per user license fee is) x 271.

What are licensing fees and how do they work?

course fee. When determining whether fee charges may be appropriate, the following criteria may be considered. A fee charge shall be permissible for an activity, material, course or program if it is: • Not required as part of the regular day school program; • …

When will the materials fees associated with my course be available?

Florida Insurance License | Course Fees. Course Fee: $69.00 *. This 60-hour course is entirely online. Absolutely no classroom attendance required. No extra materials to purchase (only the course textbook). No classroom fee. *Plus $30.00 (includes shipping and handling) for the required course text: Florida Life, Health and Variable Annuity ...

What are materials fees in University?

Course reading materials are available 1) in the printed books and 2) online under the "Reading" ... The minimum study time for each licensing course is 2 1/2 weeks (18 days). — The day after you ... $17.50 course substitution fee Course and instructor evaluation

What is a license fee?

A licensing fee is a money paid for a right or ability to use a property or asset. Things that can be licensed include software, patents, and copyrighted works. Other types of fees include those required for certain professions, such as cosmetologists.

How does a license fee work?

These licenses are usually issued after a certification exam has been passed or mandatory training hours have been completed.

Who is Will Wills?

He developed Investopedia's Anxiety Index and its performance marketing initiative. He is an expert on the economy and investing laws and regulations. Will holds a Bachelor of Arts in literature and political science from Ohio University. He received his Master of Arts in economics at The New School for Social Research.

Do hairdressers need a license?

Hairdressers must pay a licensing fee and obtain a cosmetology license to operate their business. These barriers to entry can be easily circumvented if the party looking to join a profession undergoes the necessary certification process.

What is royalty fee?

Royalties are usage-based payments for using an asset or property. It’s generally a percentage of gross revenue or net profit. Meanwhile, a licensing fee is money paid by someone using someone’s property, but this fee is generally a fixed amount.

A. Clarify Motives

Not every right-to-reproduce request is a thinly disguised attempt to pay you 10 cents on the dollar. Ask your customer "why is this important to you?"

B. Determine Value

Let's face it, you shouldn't care how a customer prefers to pay for your intellectual property so long as you receive adequate compensation for the value received.

C. Evaluate Threats

Try and feel out your customer as to what they will do if you aren't able to work out a mutually satisfactory right-to-copy license arrangement. Then come up with your own sense of your customer's options and alternatives in conjunction with your account salesperson.

D. Stay Connected

When customers seek right-to-copy licenses, there's a temptation for training companies to "take the money and run." Nothing could be a bigger mistake.

E. Plan for Contingencies

Don't enter into right-to-copy courseware license agreements that don't offer you the ability to periodically recalibrate or, if necessary, end the relationship. Why? Because circumstances can change.

Des McCabe - working for a world of kindness. Follow

Have you ever thought about licensing one of your training courses or services?#N#It's a brilliant way to generate revenue, deliver your expertise on a much wider scale and build your business or organisation. Indeed, Diversiton’s GB training team was built using a licensing framework some 15 years ago.

Sandra B. Tate

I'm so glad that I stumbled on this information. The free download is an extra treat. Great job!

Marlo Prioleau MBA

Michael D. Finkley, GCDF, M.Ed., M.S.Ed. I saved this a few months ago for myself. Check it out

Anne Solomons

Can you advise about fees to charge the client for licensing a training course including train the trainer facilitator license?

What is optional programming?

Optional Programming refers to voluntary courses or activities that students normally choose to attend through an application process, with the knowledge that these programs are beyond the core curriculum. Examples may include Advanced Placement® and Hockey Canada Skills Academy programs.

What should school boards do?

School boards should develop strategies to recognize and reduce barriers to participation and work to effectively include all students in programs and activities. Successful completion of a required grade or course leading to graduation cannot be dependent on the payment of any course fee.

What should fees reflect?

Fees should reflect the actual cost of the services or materials being provided to the student. A transparent accounting of the amounts collected and expenditures allocated must be made available to the school community.

What is a SSAF fee?

Student services and amenities fee (SSAF) The student services and amenities fee (SSAF) is used to maintain and enhance services and amenities that improve your experience as an RMIT student. The SSAF helps ensure that RMIT can maintain its support for initiatives that deliver an outstanding experience for all students.

What is administrative fee?

Administrative fees. Administrative fees are a range of fees and charges that apply to specific services or goods supplied by the university. These fees are only payable if you use the goods or services they relate to. For example:

What does RMIT University acknowledge?

RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business. - Artwork created by Louisa Bloomer

What is materials fee?

Materials fees. Materials fees include fees and charges associated with field trips or goods that are used to produce items that become your physical property. The materials fees associated with the program or course (subject) you are studying are made available prior to the start of the academic year. These fees are not compulsory and you may ...

What is the difference between a license and a royalty?

License is basically the right to use something that is owned by someone else, the Licensor gives permission to the licensee under the licensor agreement, while royalties are the payments for that use. The Licensor receives a perpetual/time bound payment as a percentage of sales in regards for using the intellectual property.

How long does royalty last?

A royalty payment can last upto a lease period for an intellectual property. But, this case is not same with the entertainment industry. For example, a group of music performers in the UK receive royalties from record sales and radio airplay for 50 years after a song is released.

What is royalty account?

Royalty account is a normal account where the lessee debits the royalty to the owner of the IP (Intellectual Property) on regular basis. When you deal with royalties such as copyright, mining royalty, patent; it becomes important to collect and calculated at the end of a financial year.

What is royalty in business?

What is ‘Royalty’? A royalty is a payment made to an owner or licensee of a particular asset for ongoing use of their asset. When a business owner pays a share of revenue to the legal owner of a property, such as patents, copyrighted works, franchises, or natural resources; they have share a percentage of their revenue in lieu of using their asset, ...

How is royalty payment calculated?

Royalty payments are calculated on the types of royalty agreement made between two parties – it can be calculated on gross revenue, net revenue, price per unit, minimum sale, or fixed amount. Basically, a percentage of net revenue is given to the owner for exploitation of licensor’s intellectual property. When you consider a fixed amount of ...

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What It Is and How It Works

  • Licensing course content means that other people (or organizations) are paying you on a yearly basis for your courses. They don’t need an LMS because they probably have one already. They only want the content and the guarantee that the content will be continually updated as needed. They will host the content, track user registrations, and take care...
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Maximizing Profits from Licensing

  • While you can build a nice business by licensing your content, one way to maximize the profits is to offer a “hosted for you” option. This is a hybrid approach where you can allow businesses to purchase and host your content on their own LMS, or you can set them up with their own learning portal and you host the content. While the latter sounds complicated it is actually really easy to …
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Who Should License Course Material?

  • If you are a business professional or consultant then you should strongly consider this method. Chances are you already have a client list. They will be the perfect audience for your course, especially if they can license it from you instead of paying (normally high) consulting rates. This method probably isn’t going to work for those of you who are primarily in the business to consu…
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