Aside from merely keeping track of them, an intellectual property management firm may also be able to help you in other ways. They may also be able to help you make money from them. If you have works of art like music or pictures you can make money selling the rights to them. For example, many TV commercials are always in need of good music or many print ads require pictures. A good IP management firm will be able to advise you on how you can license out your property so it’s making you money. They will know the contacts and where to go to put your works out there and they can put you in touch with people who are willing to pay money for your IP. Such a firm can be an invaluable partner for you or your firm, and they can help you with other IP matters as well.