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Creating A New Product With An Existing Manufacturer - Licensing?

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SparksCW

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My business deals in a certain electronic product.

I sell these products from a few key brands.

I can make the product better by combining the best features of all the current manufacturers and adding 1 new unique, problem solving feature which will open up more customers to a product they otherwise couldn't have.

My main supplier is UK based and I have a meeting with the director in two weeks time, they are a BIG company (but unlikely a name most will have heard of as the products are quite specialist).

I had contemplated designing and making the product myself, but that's going to involve big bucks, starting from scratch etc. I think this product MIGHT be receptive to Kickstarter, but it's still a big ask from someone who has no experience in manufacturing.

The company mentioned above has the money and resources to make my product a reality, and to be honest their existing product is 70% of the way there so they would be a very good base for the product. I'm pretty sure the director will be receptive to my ideas as well.

But what's in it for me?

Has anyone done anything similar before, how do I ensure that I can benefit from this?
 
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Jux fof vji niivoph hu @TqesltDX ?
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O xomm opwitvohevi neloph ov nztimg op vji gavasi, ev vji nopavi O lpux O dep'v gapf ov epf nz eafoipdi otp'v ziv coh ipuahj vu timm ov efiraevimz. Gus pux O xomm dupvopai caomfoph vji dusi catopitt epf caomfoph vji eafoipdi apvom tadj e voni O duamf neli ov siemovz.

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