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If you are an owner or an assignee of a trade mark, apart from using the trade mark in your own business or trading purposes; you have the option of selling the mark or licensing the rights to other parties.

Potential entities or individuals who might be interested to obtain the use of your trade mark can be competitors, new businesses entering into your industry or even your business associates or former employees wishing to benefit from your business.

To know more about trade mark: Below is a checklist of things to consider if you want to license or sell your trade mark: