Hi all, I seek advice on 'doing business'. Over the last year or two I have developed several products for certain company. These products are low volume, 10-30 pc a year, some of the designs didn't pass beta tests and were abandoned at prototype stage. These designs have very limited use for anyone else but this particular company. (All of them include one or more PIC micros. :-) I did all the development at own risk and charged only for delivered working products. As you would expect, the material cost makes relatively low share of the total, say 25%. Some of these products turned out to be successful and they started to produce a good income for me (shall we call it a profit?), as the manufacture is much less work then was design and programming. Now this company wants me to sell these successful designs (and they intend to manufacture them themselves) and pay me some 15% of the original cost as a license fee. This way instead of earning 75% of total price for assembled product (though some work is involved) I'd get 15% for doing nothing. Further more I loose control over the quantity of products manufactured relying on their good will to pay me for the license. It doesn't look much advantageous :-( I'd be grateful for any advice anyone can give me. (A CC to snail@iol.cz would be appreciated, since I'm subscribed to the digest.) TIA, Josef ======================================================================= Electronical devices for chemical laboratory, custom electronics design ----------------------------------------------------------------------- Snail Instruments Josef Hanzal, M. S. Vojanova 615 phone/fax: +420-311-624433 266 01 Beroun e-mail: snail@iol.cz Czech Republic URL: http://www.vitrum.cz/snail/ GPS: 49deg58'28" North, 14deg 4'35" East ======================================================================= -- http://www.piclist.com hint: PICList Posts must start with ONE topic: "[PIC]:","[SX]:","[AVR]:" =uP ONLY! "[EE]:","[OT]:" =Other "[BUY]:","[AD]:" =Ads