[Jewelry making - Article 00940] - [Orchid] Ways to tie up with designer?

[Anil g]

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    I am in quandry, in tie-ing up with a jewelry designer, to be fair
    to her - as well as to ourselves after the negotiation. 

    I am sure there are lots of you, who would have dealt with somewhat
    akin situation in your business life, or would have some very
    constructive way to deal with the following situation.

    Here is the situation, that I have for which I have to come up with
    a fair solution. What are the norms? 

    The jewelry designer is assuming the responsibility to come up with
    her own original designs on the paper and to finalise it in tangible
    form. She will also have the responsibility to sell the unique piece
    of jewelry to her customer and realise the money.

    Everything in between, will be invested by me. Here is the tricky
    part. 

    The reason of the tie up is to move one of a kind, fine gemstones in
    color, that run into low to medium five figures, that will call for
    fine diamonds as well as investment in precious metal also. 

    The questions I have are as following 

          - Who will own the designs? What will be the demarcation of the
          ownership of the design? 

          - What compensation will be fair or What to be paid? When to be
          paid? 

          - What if the the designed is not sold? 

          - What is the fair amount of period to wait for the sale of the
          jewelry after it is finished? 

          - Is there any other way to tie up with the designer? 

          - Will it be a good idea to get the designer to invest
          something in her creation in terms of labor, diamond, metal
          etc.. 

          - How to keep the designs exclusive? 

    The sages out there can add any other relevant and pertinent
    suggestions. 

    I want to thank one and all in advance for your input. Feel free to
    contact me off list. 

Anil Gupta
Krisgems AT aol.com

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