Cost Analysis & Final Breakdown

Here's a post on setting your fees ...


After Sandra and I had our initial meeting to discuss ideas. I showed her a small portfolio of work and she showed me some of her favourite children's books. I prepared the Cost Analysis & Schedule Breakdown (see below) and e-mailed it to her.

We discussed some more ideas over the phone and then I began work on a character. Boy was I wrong! My brilliant idea was this funny old potato sitting on a tall metal planter.




Sandra liked the little chicken I had shown her in my portfolio and so we went with the chicken.


7 June 2011





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Cost Analysis & Schedule Breakdown
DRAFT

FINAL COST
$ N/A ... $N/A + $N/A + $N/A supplemental

$N/A without Supplemental Mock Ups

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OVERVIEW
Breakdown of Project by Task
Illustrations in BOLD / Supplementals not in Bold (below)

(mock up $N/A) Cover (Illustration $N/A)
(mock up $N/A) Inside Title Page (Illustration $N/A)
(mock up $N/A) Left Side - Double Spread (Illustration $N/A)
(mock up $N/A) Right Side - Double Spread (Illustration $N/A)
(mock up $N/A) Left Design Single Page (Illustration $N/A)
(mock up $N/A) Right Design Single Page (Illustration $N/A)
(mock up $N/A) Back Cover (Illustration $N/A)

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Based on publishing guidelines RE submitting written and artwork together, albeit each publisher will have different guidelines which should be followed; it is probably a good idea to have properly broken down text with three Key Submission Illustrations (ie, Cover, Double Spread and a Right design).
I will submit quick sketches of some key characters (early next week) so you have input before I start. I will submit Preliminary Concept Mock Up Artwork for each of the three Key Submission Illustrations for approval before beginning illustrations (mid-August).

I will send you the Final Art (see below) so we still have two weeks to go over any changes you might like to see (finishing details) before second half payments are due.

And I could do a Supplemental Concept Mock Up after the three Illustrations are completed for the Inside Title Page, Left Design Single Page and the Back Cover. We can make a decision about this by December once the illustrations are complete.
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BREAKDOWN
of
PAYMENT & APPROVAL
SCHEDULE



[Payments made half at the start of each task with final half two weeks after the deadline ends – giving us time to tweak finishing touches and details once Final Illustration Artwork is submitted. Deadlines could change depending on how we mutually decide to navigate our way through each task with every effort made to stick to agreed deadlines.]

Initial three Concept Mock Up Artwork Drawings to be submitted for approval
(Cover $N/A, Double Spread $N/A + $N/A, Right Design $N/A)
$N/A

[$N/A paid now and $N/A paid by the end of August]

All three to be done by mid-August
(will send them to you as I finish them and you will have all three by mid-August)

Once (if) you approve these, then I envisage beginning each illustration upon receipt of each payment as per the following:

Cover Art
$N/A
Deadline set for end of Sept
[first half $N/A paid mid-August]

2 weeks for finishing details requested by you if any

[second half $N/A by mid-October]

Double Spread AND Right Side Single Page Design Art
$N/A $N/A
Deadlines set for end of Oct (Left Side Double)
Deadline set for mid-Nov (Right Side Double)
Right Side Single set for end of November
[first half $N/A paid 1 Oct]

2 weeks for finishing details requested by you if any

[second half $N/A paid by mid-December]


Sub Total $N/A ($N/A + $N/A + $N/A)




(SUPPLEMENTAL)

Remaining Concept Mock Up Artwork Drawings

(Title Page $N/A, Right Design $N/A, Back Cover $N/A) Sub Total $N/A
[To be done before or by mid-Feb]
$N/A paid 15 Jan and $N/A paid by end of Feb]










OVERVIEW of FINAL COST(s)



… $N/A + $N/A
TOTAL without Supplemental Concept Mock Up Artwork Drawings
$N/A

or



... $N/A + $N/A + $N/A
TOTAL with Supplemental Concept Mock Up Artwork
$N/A