| Trendyart |
Thank you for the insight. I appreciate whatever advice anyone has.
I'm not sure if royalties was understood. I meant proceeds from the number of books sold. For example if there is 1,000,000 copies sold plus or minus, then I would receive a precentage of that amount as would the writer. I've been told in one case an illustrator requested like $1000 down and then 3% of proceeds of copies sold. In most cases I've found the author and illustrator usually don't exceed 3% of the proceeds if published by a well renowned company.
My brother wrote a couple Chapters in a book and is only getting 1% of the proceeds. I think that is pretty decent for just a couple of chapters.
I will definitely check out the budget idea. I certainly feel that is fair. I have one week until the meeting to figure this out.