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Top 10 Mistakes Potential Retail Suppliers Make

At Retailbound, we get to talk to a lot of entrepreneurs, inventors, and small suppliers. While most of them have good intentions, there are mistakes made before they become our clients. Here is our top ten list of common mistakes that potential retail suppliers make:
10. Getting advice from people who have little or no [...]

Licensing vs. Self Production

Another guest blog written by Carol Rehtmeyer of Rehtmeyer, Inc.
Licensing
Licensing Pros:
1. There’s low to no cost or risk to license your idea.
2. Royalty stream can continue for many years.
3. There’s always the opportunity for line extensions and ancillary licensed goods!
4. Companies will pay a portion of the expected royalty in an advance payment.
5. The company [...]