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    SF94110's Avatar
    SF94110 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 27, 2016, 10:15 AM
    My question is how do I put a Dollar amount on this?
    Owned a Model and talent business for 22 yrs, company gross between 450,00.00 to 1,100,000. Low end to high end, decided to close the company due to financial hardship, A very good friend currently has a small casting agency, decided to open a new division. This is what I gave without an agreement... on a hand shake. I mention I would send invoice her several as a consultant...
    1. Me acting as a consultant, About the Industry,
    -meeting : 1.Over View about Industry.
    -Meeting 2. What is required.
    - Meeting 3. Discuss in detail about , How an Agents would negotiate - Fee , Rates, release, when a client would hire talent.
    -Meeting 4. Discuss Industry Social marketing and Talent, Usage structure , recommend Photographer
    Handed over:
    · Personally introduce 40% of my talent via email, 70 emails.
    · Client List, of 22yrs, These are Client who would hire the models & talent.
    · Marketing resource.
    · Industry resource : Photographers, Model Card producer,
    · Refer for her to hire a Agent.
    · Refer for her to hire a Book keeper.
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #2

    Apr 27, 2016, 01:25 PM
    You have typos for dollar amounts, so let's clarify that first.
    Second, you don't say what you are selling! Building? Well known name? Or just your services as a consultant?
    Third, assuming your numbers are 450,000 to 1,100,000, that's quite a range, and it matters a lot what they were the last 2 - 3 years. Net PROFIT matters.

    For services as a consultant, give her X hours over X span of time for a flat fee, and an hourly rate after that.
    List each of your topics above and how much of the time allotted will go to each topic. Include a Q & A as the last slot.
    Don't let her bog down in one topic so that you cover your list and she doesn't feel cheated out of the others. She can take notes and ask questions at the end.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #3

    Apr 27, 2016, 05:04 PM
    I would say find another industry preferably not one where you are giving advice since you are unable to organise your own business you should not be let loose in another's, that is advice from a real consultant
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