From the course: Running a Design Business: Designer-Client Agreements
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Estimated expenses
From the course: Running a Design Business: Designer-Client Agreements
Estimated expenses
Out-of-Pocket Expenses are the costs of those items that you purchase on behalf of the client, specifically for a project. These cost should not be lumped in to your fee, they should be estimated and bulled separately as expenses. Go ahead and determine all of the various items that you might need to buy for a project, from a new type font to large format color printouts. You will total them up and add them to your agreement as a separate line item. You can also state what expenses are not included. In that case, inform the client that these items can and will be estimated separately at a later time. For example, you think you want to include an Illustration, but it isn't concepted yet at the time you're writing up the contract, so it can't be priced yet. Let your client know that changes in the project, revisions, and rush deadlines can affect the cost of expenses. Tell the client that expenses over the estimated amount shown will be submitted for approval prior to expenditure. Here…
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Contents
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Talking money: General tips2m 31s
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Talking money: Revisions2m 27s
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Talking money: Other issues2m 8s
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Outlining your design fees2m 47s
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Estimate worksheet1m 19s
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Ways to price your work2m 47s
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Estimated expenses2m 59s
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Incorporating estimates from suppliers and subcontractors1m 59s
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Amending contracts with change orders2m 30s
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