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Certain business models or your strategy to compete more effectively in the market necessitates the licensing or acquisition of designs from other professionals or outsourced parties to complete your product or service offerings. Aside from making your products more pleasing to the eye, it also addresses design challenge or issues which will impact cost and ease of production and manufacture.

To find out more about industrial designs:

If you think that the option of acquiring designs or being a licensee of designs is a good move for you, below is a checklist of things to consider: