Thursday 17 May 2018

How to get paid

Getting your ducks in a row/process you should go through

Initially

  • find out budget 
  • negotiate budget/price 
  • write an estimate for job and itemise that it will take a full day to complete etc. 
  • estimate includes 3 changes 
  • estimate is fluid, quote is legally binding 
  • require 50% upfront and need purchase/ order number (legal requirement, paper trail)
  • balance paid on supply of files 
  • copyright will be releaser on FULL and FINAL payment (must be done in writing can be done in an email)
  • any additional chances will be charges at £xxx per hour and they would be informed before doing any more work/undertake changes. Make them aware 

KILL POINT:

  • project is killed before completion all fees will remain chargeable to that point 
  • work is charged for until the work is complete or stopped 
  • send client full breakdown of your terms, ask for purchase order and approval of items 
  • wait until confirmation until the work is complete. 

Invoice

  • invoice number 
  • date 
  • reference number (my ref)
  • Client 
  • Contact details 
  • itemise work:
  • all the work 
  • upfront payment 
  • balance due 

Form of payment

  • bank transfer 
  • no cheques (just paper might not clear) 
  • once paid email say received payment, heres copyright now belongs to you 
  • invoice goes to the account department not originator of brief
  • do it cheap this time and give more work in future:
  • this never happens
  • NOW: min £30 an hour at the minute 

F You Pay Me (video):
Mike Monterio - Mule
https://creativemornings.com/talks/mike-monteiro--2/1

Top things about contracts

  • they protect both parties as what to do if anything happens in contained within the contract 
  • don't start work without a contract 
  • don't blindly accept their terms, often clients don't know whats in the contract 
  • anticipate negotiation but don't back down on important aspects 
  • ip/copyright transfers on full payment only
  • kill fee/point 
  • liability, broad term that means if somethings gone wrong you may bear reasonability 
  • be specific and confident about money, don't hesitate 
  • contracts up front 
  • make internal allies 
  • work with advisors 

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