Invoicing for Creative Licenses, Assets, and Royalties
1. Separating Services from Licenses
If you are a designer, photographer, or voice artist, separate your labor creation fee from the asset licensing fee on the invoice.
2. Defining Usage Parameters
Specify usage limits on the invoice: target platforms, regional runs, and license duration (e.g., "1-Year Digital Broadcast Use").
3. Royalty Milestone Billing
For sales-based royalties, list the calculation period, units sold, royalty percentage, and the resulting invoice total.
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