Friday, December 7, 2018

A Look at Licensing Agreements


NJ-based sales professional Joel Goldstein is the owner of JoelScott Inc., a children’s merchandise consulting firm in Livingston. An experienced manager and sales executive, Joel Goldstein has worked directly with licensors to execute brand strategies in the NJ region for many years.

A licensor refers to an entity, a person, or a company that owns exclusive rights to something. Licensors grant a third-party, known as a licensee, a limited right to use the object or idea that they own. Often categorized as intellectual property, it could be a design, brand, technology, or product protected by a trademark or patent. 

As a legal contract, a license agreement provides details on the arrangement between a licensee and a licensor. These documents typically have several elements. First, they describe the scope of an agreement, which covers the deal’s time frame, as well as exclusivity and territorial requirements. Moreover, it outlines the financial arrangements between two parties. These can be complex and include a variety of factors, such as minimum payments and royalties.

In addition to these components, licensing agreements define renewal options and the criteria for termination by one of the parties.

Wednesday, November 21, 2018

The Ins and Outs of the Newark Liberty International Airport


Top-performing sales professional Joel Goldstein leverages his decades of experience in the children’s apparel industry as a consultant operating out of his private company, JoelScott Inc, based in Livingston, NJ. When not advising clients on product development and marketing strategies, Joel Goldstein enjoys traveling from his home base in Livingston, NJ.

Located just 20 miles from Livingston, the Newark Liberty International Airport (EWR) offers many popular routes including Newark to San Francisco, London, and Orlando. It is part of the larger New York airport system along with JFK and LaGuardia. 

More than 30 carriers fly in and out of Newark’s three terminals, with the first having been in operation since 1928. Approximately 43 million passengers transit through EWR every year. There are 176 nonstop flights that connect EWR to other cities, including the newly-launched Dubai to Newark flight operated by Emirates and Singapore to Newark, which at more than 18 hours, holds the record for the longest flight route in the world.

Monday, October 8, 2018

How the YMA Fashion Scholarship Fund Helps Young People


With more than 30 years of experience in the children’s apparel industry, Joel Goldstein manages his own consulting firm, JoelScott Inc., in Livingston, NJ. Joel Goldstein is involved in industry events and contributes to nonprofits and charities near his home in Livingston, NJ, such as the YMA Fashion Scholarship Fund. 

A nonprofit organization based in New York City, the YMA Fashion Scholarship Fund focuses on advancing the fashion industry by enabling and encouraging young people to pursue careers in design, merchandising, and business. The Fashion Scholarship Fund has been in place for more than 80 years, bestowing approximately 200 $5,000 scholarships each year, as well as four $30,000-$35,000 scholarships, and four $10,000 scholarships. 

The scholarships are made possible by money raised from the annual YMA Fashion Scholarship Fund Awards Dinner and from generous contributions from sponsors and benefactors. In addition to the scholarships, the YMA Fashion Scholarship Fund offers career mentoring and facilitates internships with prestigious companies in the industry, such as Calvin Klein, Nautica, and Ralph Lauren. Learn more by visiting www.ymafsf.org.

Wednesday, August 22, 2018

The Tobin MBA Program at St. John's University


A former senior vice president of sales at Fishman and Tobin in New York, NY, Joel Goldstein now operates JoelScott, Inc., a Livingston, NJ-based consulting firm focused on the children's apparel industry. Prior to launching his career in NY and NJ, Joel Goldstein earned an MBA from St. John's University

Offered through The Peter J. Tobin School of Business, the MBA program at St. John's University is a 36-credit evening program designed to give working students the opportunity to continue full-time careers while pursuing their degrees. Outside of the core business classes, students can focus on one of 15 concentrations in areas such as business analytics, finance, real estate, investment analysis, and risk management. 

The Tobin College of Business also offers a fast-track MBA program for St. John's University undergraduates interested in pursuing an MBA after earning their bachelor's degree at the university. The program gives high-achieving students the opportunity to save on tuition costs by completing their undergraduate and graduate studies in only five years. 

All Tobin MBA students also have the opportunity to study abroad through the university's Global Destination Courses and MBA in Rome program. Further, St. John's offers the GLOBE Graduate Affiliate program, which sends Tobin students to developing countries in support of the GLOBE microloan and economic development initiative.