in summation

last class, we got the in on the biz. one step closer to the Illuminati(sp?)

here's notes from that day

start studio as LLC - limited liability company. + $7 for an alias

federal id tax number
-go to irs.gov to get it for free

get an accountant

income
- primary
- sub-contracted
- create a product

get business card

vendors


how much does it cost me to wake up
- 50 business weeks x 40 h = 2000 hs of possible work
-minus paperwork, marketing, accounts, meetings


animation salary surveys

cost plus

ask for 33% upfront.

then 33% delivered up first round

final 34% plus costs with finished product


WGA = security for ideas

WGA ≠ copyright

advertise

HAVE FUN

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thanks for sharing this.

I know that a lot of this information was acquired through trial en error. finding out the hard way as well as formal education. thanks for the attempt to save us the trouble. I'm sure a lot of us will still make the mistakes. but I think this will help us know why it was dumb. hopefully we are all successful. what we offer should be of high value, because not everyone does what we do.