I have been asked by a board prep company to do some writing for them.
Payment is by royalties only, which will be 25% of profit (sales minus expenses including supplies/printing and editing). They are working on getting me some numbers so I can get a better idea of what the expenses will actually run, as well as their anticipated sales price and numbers they anticipate to sell.
Does this seem fair or should I try to negotiate a higher percentage, or an up front payment for the work I'm doing? I got the impression this is the standard payment model for everyone who does writing for this company so there may not be much room to move. Curious for thoughts from anyone else who has done this type of work.
Payment is by royalties only, which will be 25% of profit (sales minus expenses including supplies/printing and editing). They are working on getting me some numbers so I can get a better idea of what the expenses will actually run, as well as their anticipated sales price and numbers they anticipate to sell.
Does this seem fair or should I try to negotiate a higher percentage, or an up front payment for the work I'm doing? I got the impression this is the standard payment model for everyone who does writing for this company so there may not be much room to move. Curious for thoughts from anyone else who has done this type of work.
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