Short answer
By re-running the licensing analysis against the new model before launching it. Licenses authorize specific activities, so a pivot can require licenses you do not hold, make licenses you pay for unnecessary, or move you into a different category in the same state. The review has three outputs: licenses to add, licenses to retire, and licenses whose scope or conditions need amending.
Model changes move licensing in ways teams underestimate. A lender that starts buying charged-off paper adds debt buyer requirements. A collection agency that begins advancing funds against receivables may cross into lending. A payments feature added to a software product can trigger money transmission. None of these show up as licensing projects on the product roadmap; they show up as features, which is why the trigger has to be the model change itself, reviewed by whoever owns licensing before the launch date is set.
The reverse direction matters too: pivots strand licenses, and every stranded license still costs fees, bonds, and reporting until it is formally surrendered. Cornerstone is the U.S. licensing operating partner for lenders, mortgage companies, money services businesses, and accounts receivable management firms, and re-baselines the license map against the new model, filing the additions and retiring the remainders in order.
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