01_how to charge design fees
TRANSCRIPT
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How to charge
Design fees
Ajay
Vaibhav
WritingLetters
Estimating Fee
Invoicing
Fees
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What is Fees
Selling your
Talents
Training
Experience
In the form of time in
Thinking
Meeting
Drawing
Traveling Research
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Design Fees
No design fees ever be quoted until after briefing meeting and then
always in writing.
Golden rule
Never quote fees off the cuff however hard you may be pressed to do
so.
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Writing Letters about
Fees Side of contract
Imp. If work is abandoned before it finishes
Virtually a Legal document
Well constructed, Impressive to demonstrate
Clear
Logical
Problem understanding
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Writing Letters about
Fees Introduction
Summary of the brief
Services provided
Fees
Special Clauses
Additional fees
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Services provided Stage One
Discussion with Specialists
Agreed number of visits
Primary design proposals
Stage two
Developments work; checking prototypes and
samples
Stage three
Finished working drawing Adaptation for size and range
Advising during production & first batch
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Fees Stage One Rs.
Stage four Rs.
Stage three Rs.
Fee installment
Expenses chargeable
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Special Clauses Ownership and conveyance of copyright
Breaking clauses and fee payable for abandoned work
Permitted modifications
Free specimen and design credits
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Additional fees For extra visits
For changes to brief
For Traveling time
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Lump sum or fixed
Hourly- rate
Percentage
Royalties
Consulting and retaining fees
Charging fees
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Lump sum or fixed Clear brief
Preparing and submitting preliminary Design Proposals
Product
Graphic
Engineering Furniture
Textile
Fashion
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Hourly- rate Design is a completely unknown quantity
After First stage
Easily Can be called a halt
Checking prototypes
House style or corporate identity program
Range and color
Supervising production
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Percentage Are usually on a sliding scale
- as production costs increase, the percentage feescome down
Interior design
Exhibitions Shops
Shop fittings
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Royalties Things to be sold to general public
Large quantities
Furniture
Fashion
Textile
Domestic equipments.
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Consulting and
retaining fees Fairly well established designer
Growing reputation
Consultancy services only
Separate fee for Design, Drawing board work
Mutual agreement for one or more years
Retain exclusive service for particular design
Not to work for any other client, until termination
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Invoicing
When to invoice
Is your design approved and had final clearance at the
stage Every month, when?
Can you afford to wait ?
Professional people always render their invoice..
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For stage one 1/5 of the fees Rs.3000
For stage Two 1/3 of the fees Rs.5000 Total 8000
For stage three 1/3 of the fees Rs.5000 Total 13,000
For stage Four Balance Rs.2000(final balance)
InvoicingWork cost is 1,00,000
Total Fees@15% 15000
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Thank you