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Freelance Business Talk
The document provides advice for those working as freelance animators. It discusses setting up as a sole proprietorship or partnership [1]. Freelancers must pay attention to taxes and ensure they are deducting legitimate business expenses [2]. Contracts are also essential, to define rights, payment terms, and deadlines [3]. Finding work involves networking, developing expertise in a niche, and consistently marketing skills and services.
Freelance Business Talk
- 1. Animation Business Basics or Notes from The Freelance Life
- 2. Animation Business Basics or Notes from The (Independant Contractor) Life paladin free agent condottiere ronin solo act mercenary
- 3. “No one’s jobis 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 Freelancer Gary M. Stern November 27, 2012 Fortune.com
- 4. read/think about business
- 5. It’s not thathard, but it’s constant.
- 6. It’s Show BUSINESS not Show ART
- 7. Think of yourselfas a business person not just as an artist. PROFESSIONAL / Entrepreneur / SBO
- 8. Business Structure Taxes Contracts Finding Work Rembrandt
- 9. Business Structure Sole Proprietor Partnership Incorporation
- 10. Business Structure Sole Proprietor
- 11. Business Structure Partnership
- 12. Business Structure Partnership
- 13. Business Structure Partnership
- 14. Business Structure Incorporation
- 15. Business Structure SoleProprietor **DISCLAIMER**
- 16. Business Structure SoleProprietor Register a name Current Account HST # CAVCO#
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- 18. TAXES PrePay or save to pay at least 20%
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- 22. TAXES Paperwork READtax prep articles Listen to the budgets Get an accountant
- 23. TAXES Deductions or Writeoffs self-employment expenses must be documented
- 24. TAXES Deductions or Writeoffs Not Free Money You have spend it to write a portion off of next yearʼs taxes Why I bought an iPad on December 31
- 25. Business Expenses 100% Supplies Website creation Business stationary Computer software Convention expenses (2 per year) Travel for work Entertainment (%) Student loan interest
- 26. Business Expenses Capital Assets CCA capital cost allowance 30% per year (Hardware, monitors, Cintiqs, tablets, scanners, printers, cars, etc.)
- 27. Home Based BusinessExpenses % Rent Mortgage Mortgage interest Home/Apartment Insurance Power/Hydro Bills Gas Bills Property Tax Assessment Water/Sewer Bills
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- 30. Financial Literacy You needa plan to deal with your debt.
- 32. CONTRACTS aka: Deal memo Purchase Order/PO Production Agreement etc.
- 33. CONTRACTS The Going Rate: 20bucks an hour benefits after 6 months.
- 34. CONTRACTS For production companies, little negotiation in price. Where did you pay last yearʼs taxes?
- 35. CONTRACTS Uneducated clients Your job is to educate them through your deal memo.
- 36. CONTRACTS Know thytime How long will it take to do the work? What’s their deadline? Is it enough?
- 37. CONTRACTS Know thytime Build deadlines into the schedule Link payments to these stages e.g.: 1/3 to start, 1/3 roughs,1/3 final DUE ON DELIVERY
- 38. CONTRACTS Know thy time Your monthly expenses X 3 = your price
- 39. CONTRACTS Know thy RIGHTS Definethese in your deal memo. Further use of your work should mean more money for you. BARTER/get something else if moneyʼs tight
- 40. CONTRACTS Knowthy 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.
- 41. CONTRACTS After you finishthe job, INVOICE for it. Put terms on it.
- 42. CONTRACTS “Ya gotta be ready to die.” You have to be able to walk away if the client wants more than you are willing to give. Know when to hold ‘em and when to fold ‘em.
- 43. CONTRACTS Look at examples from graphic design or illustration business sites and adapt them.
- 44. Finding Work CONNECTIONS Animationis a team sport
- 45. Finding Work Learn fromyour peers Share information
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- 47. Finding Work Don’t look for a JOB Find Clients strategic vs. tactical long term vs. short term
- 48. Finding Work Forget the blog Build a website presentation is everything.
- 49. Finding Work Find your niche then market the hell out of it NEVER compete on price alone
- 50. Finding Work Know HowBusiness Runs how accounting departments work how shows are bought and sold who selects freelancers
- 51. Finding Work “Luck affectseverything. Let your hook always be cast. In the stream where you least expect it, there will be fish.” Ovid
- 52. Finding Work GOOD workvs. good work
- 53. Finding Work How toget a job at Pixar?
- 54. Finding Work How toget a job at Pixar? Have them call you.
- 55. read/think about business
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- 57. “The reward ofa thing well done, is to have done it.” “Skill to do comes of doing.”
- 58. It’s not thathard but it’s constant.
- 59. Faith will berewarded perseverance
- 60. “Courage is beingscared to death, but saddling up anyway.” John Wayne
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