Holding up your end of the bargain whether your licensing previously-made pieces or custom-made pieces. What will happen after the art is delivered.
How and when to get paid. What you need to do with the contract once it's signed.
Basics about the contract, a sample contract for your edification, and how to get the contract to the company without any snafus.
All about the deal memo, along with a sample deal memo and a sample email to use when you send the deal memo.
Allow me to simplify the art licensing process for you so that it sounds less terrifying.