Are you want to increases your company sales volume. Here showing some step system. Step 1: Collect Information Yes, it's the information more then better off you'll be. Licensing your idea is no exception. Before you even consider approaching prospective companies to sell your idea, be sure you're clear in the following areas: Know your market. Do some legal legwork. Look into production. Step 2: Prepare a Professional Presentation After you've gathered all the relevant information, you'll need to present it to potential licensors.