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thanks Britt,

This I can work with.

Will make the estimate tomorrow (it's 8 pm over here)

Mieke

-----Oorspronkelijk bericht-----
Van: SciArt-L Discussion List-for Natural Science Illustration-
[mailto:[log in to unmask]] Namens Britt Griswold
Verzonden: maandag 22 juli 2013 19:45
Aan: [log in to unmask]
Onderwerp: Re: [SCIART] make an estimate for an illustration.

Mieke,

Those are good points to consider.

Part of your profitability will come from your ability to do the same type
of job quicker.

Maybe also think about the amount of inflation over the past 7 years to
raise the price by that percentage.

In the USA you might want to add about 16%

Then if you feel the material will be used extensively for monetary gain by
the buyer, you should get your little hunk of that with the buyout.

Calculate it a different way as well:
How many hours will you need to complete the image?  Multiply by the hourly
amount you charge for covering all you expenses and profit (a number you can
calculate using the process laid out here:
http://paulmirocha.com/recent_business.htm#business_planning) then multiply
by 2 or 3 for a buy out.

If we are talking about major advertising uses, you might be looking at
5-10x instead.

Britt Griswold
Manager, http://www.science-art.com
bgriswold_at_science-art.com


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