Business and Legal Forms for Crafts by Tad Crawford
By Tad Crawford
Now the single business—forms booklet adapted in particular to the wishes of craftmakers has been revised, bringing its 30 fundamental, ready—to—use types and negotiation checklists thoroughly brand new. And this re-creation contains an ultra—convenient CD—ROM, so the kinds should be copied electronically, converted, custom-made, and kept, prepared for the crafter's subsequent undertaking. The crafts marketplace is over $14 billion each year, and enterprise and felony kinds for Crafts is the only e-book each crafter—businessperson needs to have.• Replaces ISBN: 1-88059-87-0
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Additional resources for Business and Legal Forms for Crafts
However, a safer arrangement is to have a distributor who already wants to sell the edition. This distributor may also be willing to underwrite some or all of the expenses of creating the edition. Form 7 is a contract between an artist and a distributor for the creation of a limited edition. See Form 17, Licensing Contract, with respect to manufacturing items in unlimited quantities. Unless the artist makes all the copies, he or she will also have to oversee this process. Whether the artist or the distributor is paying for the edition, the copies must achieve the quality desired by the artist.
In Paragraph 12 show the percentage of the sale price which will be covered by insurance. Specify a promotion budget in Paragraph 13. In Paragraph 18 fill in the state whose laws will govern the contract. Both parties should then sign. q 3/30/05 6:31 PM Page 33 CONTRACT TO CREATE A LIMITED EDITION Negotiation Checklist ❏ Agree on all the details of the edition, including who will own each variety of proof or sample. (Paragraphs 2, 6, and 10) ❏ Provide informational details sufficient to allow the sellers of the prints to comply with state laws regulating multiples.
32 Form 7 assumes that the distributor is contracting with the fabricator. Since the distributor is paying the expenses, this may affect the commission percentage taken by the distributor. Another arrangement, of course, would be for the distributor to purchase the edition outright. This guarantees that the artist will receive money at a particular time, but if the distributor later raises the sale price, the artist may have received less than he or she would have received by waiting and sharing in the proceeds.