[Mags]

I'm not sure this is the right place for this post.

I have a guy that has helped us design a new bait that we are going to sell. I am offering him percentage of sales. I was wondering if there was an industry standard for this type of work? I need to get a contract set up, but want to make sure what we are offering for compensation is fair. This is all new to me and him. Thanks.

Steve

[JSC]

Thats between the two of you ... I have never heard of a % for that situation.
Maybe some one who has delt with this will reply.
My 2 cents
JSC

[Delw]

Pay a flat fee for designing it, Don't get into a situation were you have to pay a percentage cause it NEVER WORKS

[cadman]

This is a hard call at this stage of the game, but I am going to agree with Delw on this. You relly need to discuss this before all this starts. Either pay by the hour (that could be suicide), or pay by the project, one flat rate. I design for a living, and I do either or. I never expect anything more from someone else's concept, no matter how much input I give, as long as I get paid. I am there to put their ideas on paper, and then bring their product to the point where it can be manufactured, nothing more. I hope that none of these are family members or close friends, so you don't have any problems down the road with them...........Good Luck

[smitty919]

Originally Posted by Delw

Pay a flat fee for designing it, Don't get into a situation were you have to pay a percentage cause it NEVER WORKS

just like Delw said you dont want to do the % thing..
if it sell a crap load you got to give him that piece of change if it dont sell he will be pissy and think you did not do you end of the deal...just give him a 1 time payment of what you think is fair

[Vodkaman]

Design is usually a flat fee, as stated above. An exception to this could be if the designer has come up with a new innovation or invention. It is a very difficult situation, discussing the designs worth, expecially after the job is done. Cadmans point about friends and relatives is a valid one. I suggest that you both consume copious amounts of happy juice, then discuss it.

[Mags]

Thanks. I don't want to discuss all the details of the deal on this forum, but I certainly appreciate all your input.

Steve

[CreekMonster]

I've done a little designing here and there, mostly at a flat rate. Once I made a design (a type of pattern for multiple pieces) for a certain amount of $ for a lady I did sculpture work for. I thought I was doing her a favor but come to find out,the part that was left out was that it was a high paying job from outside the country and it really me off when I found out. So maybe pay them the flat rate for the help, and if you make a lot of $, maybe throw them a little extra. Your situation is a little different from mine, but be careful, things like this can cost you a friendship. Good Luck!!

Jay