Notes on Story and Business for Freelancers in Animation
Invoice to Get Paid
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In response to various questions, here's a simple sample of what your invoice should say. One from me and one from the internet (credit lost.) You usually will not be paid until you submit your invoice.
It happens often. A production corporation in a contract “requests” I be incorporated to do their work. I never have and never will be incorporated. Maybe, never say never. The request happens because the corporation wants to limit their responsibility-liability-to take me on as an employee. As a confirmed ronin, I do not want to be taken on as an employee, but these contracts are boilerplate and sometimes those plates need to be shifted. I have resisted being “incorporated”- as in becoming a separate body or “corpus” for those who know Latin. According to my long time and very astute accountant, it doesn’t really pay until one is making consistently over $300K per year. While hope springs eternal, so far, that’s not me. There are benefits to being incorporated, just not for my circumstances. Why do these production bodies ask a freelancer to be incorporated? Because they don’t want to take on the burden of a contractor as an employee with all the benefits and liabilities that impo...
Ronin need to understand how much to charge for their services. It may be referred to as “free”lance, but that means your sword/talent is free to be hired, not free to use. Someone on Twitter suggested the term be changed to “charge”lance. Calculating an hourly billable rate are is essential. An hourly rate is how much $ you burn to survive and hopefully live to charge another day. Guard that close. It is not for your client to know. (Unless of course they will open their accounting to your close scrutiny too.) Take your burn rate (your fixed and variable cost) per month. Divide by how many days a month you will work. Divide by how many hours in a day you plan to work. Be reasonable as to how much time you think you will work. Example: $3000.00 per month/ 20 days/ 5 hours (you won't have 8 productive hours.) That equals your billable rate. $30 bucks an hour in this case. So, if you are doing a commission for $60 bucks, spend 2 hou...
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