freelance business talk

Animation Business Basicsor

Notes from The Freelance Life

Animation Business Basicsor

Notes from The (Independant Contractor) Life

paladinfree agent

condottiereronin

solo actmercenary

“No one’s job is secure. Some freelancers contend they're safer working for themselves rather than

depending on one employer.  If one client disappears, freelancers can fall back on several

others.” Qtd. Daniel Pink,

Welcome to the Age of the FreelancerGary M. Stern

November 27, 2012Fortune.com

read/thinkabout

business

It’s not that hard,but it’s constant.

It’s Show BUSINESSnot

Show ART

Think of yourself as a business personnot just as an artist.

PROFESSIONAL / Entrepreneur / SBO

Business Structure Taxes

ContractsFinding WorkRembrandt

Business Structure

Sole ProprietorPartnership

Incorporation

Business Structure

Sole Proprietor

Business Structure

Partnership

Business Structure

Partnership

Business Structure

Partnership

Business Structure

Incorporation

Business Structure

**DISCLAIMER**

Sole Proprietor

Register a nameCurrent Account

HST #CAVCO#

Business Structure

Sole Proprietor

TAXES

Pre Payor save to pay at least

20%

TAXES

TAXES

CCRAAudit

TAXES

PaperworkREAD tax prep articlesListen to the budgets

Get an accountant

TAXES

self-employment expensesmust be documented

TAXESDeductions or Write offs

Not Free MoneyYou have spend it

to write a portion off of next yearʼs taxes

Why I bought an iPad on December 31

TAXESDeductions or Write offs

Business Expenses100%

SuppliesWebsite creation

Business stationaryComputer software

Convention expenses (2 per year)Travel for work

Entertainment (%)Student loan interest

Business Expenses

Capital Assets CCA

capital cost allowance30% per year

(Hardware, monitors, Cintiqs, tablets,scanners, printers, cars, etc.)

Home Based Business Expenses%

RentMortgage

Mortgage interestHome/Apartment Insurance

Power/Hydro BillsGas Bills

Property Tax AssessmentWater/Sewer Bills

lossagainstincome

Financial Literacy

You need a plan to deal with your debt.

aka:Deal memo

Purchase Order/POProduction Agreement

etc.

CONTRACTS

The Going Rate:

20 bucksan hour

benefits after 6 months.

CONTRACTS

For production companies,little negotiation in price.

Where did you pay last yearʼs taxes?

CONTRACTS

Uneducated clients

Your job is to educate themthrough your deal memo.

CONTRACTS

How long will it take to do the work?

What’s their deadline?

Is it enough?

Know thy timeCONTRACTS

Build deadlines into the schedule

Link payments to these stages

e.g.: 1/3 to start, 1/3 roughs,1/3 finalDUE ON DELIVERY

CONTRACTSKnow thy time

Your monthly expenses X 3 = your price

CONTRACTSKnow thy time

Define these in your deal memo.

Further use of your work should mean more money for you.

BARTER/get something else if moneyʼs tight

CONTRACTSKnow thy RIGHTS

CONTRACTSKnow thy RIGHTS

“Copyright protection is at the heart of our sustanance as graphic artists. Keeping current and informed on copyright issues enables artists to sell and clients to purchase, only the rights necessary for their specific

needs. Copyright knowledge makes for better contracts, fewer misunderstandings, and better business

experiences for all.” Hayden S. Adams, President Graphic Artists Guild.

After you finish the job,

INVOICE for it.

Put terms on it.

CONTRACTS

You have to be able to walk awayif the client wants more

than you are willing to give.

CONTRACTS“Ya gotta be ready to die.”

Know when to hold ‘em and when to fold ‘em.

Look at examples fromgraphic design or illustration business sites

and adapt them.

CONTRACTS

CONNECTIONS

Finding Work

Animation is a team sport

Learn from your peers

Finding Work

Share information

Finding Work

Don’t look for a JOB

Find Clients

strategic vs. tacticallong term vs. short term

Finding Work

Forget the blogBuild a website

presentation is everything.

Finding Work

Find your niche

then market the hell out of it

NEVER compete on price alone

Finding Work

Know How Business Runs

how accounting departments workhow shows are bought and sold

who selects freelancers

Finding Work

“Luck affects everything. Let your hook always be cast.In the stream where you least expect it,there will be fish.”

Ovid

Finding Work

GOOD work vs. good work

Finding Work

How to get a job at Pixar?

Finding Work

How to get a job at Pixar?

Have them call you.

Finding Work

read/thinkabout

business

Read Emerson’s“Self Reliance”

“The reward of a thing well done, is to have done it.”

“Skill to do comes of doing.”

It’s not that hardbut it’s constant.

Faith will be rewardedperseverance

“Courage is being scared to death,but saddling up anyway.”

John Wayne

http://doingronin.blogspot.ca/

zen

?