Licensing Procedures

Please, if you are interested to own a business by licensing or leasing any of our business models, the following is our summarized procedure:

  1. Application
    Register online and download online business license/lease application form
  2. Preliminary Documentation
    After registering you will download or the following documents shall be emailed to your email address:

    1. General business licensing/leasing procedure
    2. Product price list
    3. Frequently asked questions (FAQ)
    4. Presentation of product & business package summaries.

    The presentation covers NanoSmart light bulbs technology, products & services, target markets, details of the various business packages and their respective investment amounts, business licensing/leasing fees, and road map.

  3. Review, Completion and Submission of Signed Application
    You have up to ten (10) working days to review the documents, and do at least one year cash flow with your business consultants and attorneys, and if interested, thereafter submit signed business application form online together with your initial deposit which will be a percentage of the business licensing/leasing fee stated in the presentation. At this stage, you can call or email to ask more questions to clarify issues for you before you complete and sign the business application form.
  4. Application Approval
    Wait for a couple of days for our review and approval of your business application.
  5. Business Disclosure Documents and Operation Manuals:
    Depending on your choice of business package, after approval of the business application form you will download or we shall email to you the following important documents:

    1. Initial investment term sheet
    2. Due diligence checklist
    3. Detailed product specifications
    4. Business disclosure documents
    5. Business operation manuals
    6. Business licensing/leasing agreements

    You have several days to review and accept all the documents and agreements together with your advisors and attorneys before signing the business license/lease agreement. At least by the time you complete this review we expect that you refine your one year cash flow and improve upon it before executing the business licensing/leasing agreement.

  6. Business Approval
    After executing your signed business license/lease agreement, you will pay the balance of the business license/lease fee. We shall review and execute the business license or lease agreement.
  7. Implementation
    After approving your business license/lease agreement, an online and/or a physical training shall be organized to enable you to commence the NanoSmart business brand successfully. Product samples shall be shipped to you per the agreement.

Franchise Business Interest

If you are interested in a franchise business and you feel that owning a NanoSmart Installation Services business is the right fit for you please call (800) 950-2732 or visit https://www.nanosmartbulbs.com/franchise-login/ for more information.