[Jewelry making - Article 00455] - [Orchid] Design royalties

[mettle designs]

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Hello and a very Happy Creative New Year!!

    I have read the posts on the royalty fees for designs. My situation
    is a bit different...& hence i require the expert advice from all. 

    I had been approached by a company (yet to establish & give a name
    to their company) for a new venture that they want to try their
    hands in. This is silver jewellery to be designed by designers like
    myself and they shall have an infrastructure to get it manufactured
    so that there is a quality control. They will get the samples made
    and all subsequent orders will be processed via the designer. 

    They have given me 2 options for the payment plans: 

    1) an up front payment for my designs(which i found to be very less) 

    2) a royalty based payment for each unit sold. 

    My questions are: 

    * that which is the better way and how does one go about deciding
    what is the correct or reasonable amount for the royalty based
    payment mode? 

    * Also, how does the designer (in this case, me) ensure that the
    production orders are routed through me? 

    * What are the alternative payment modes that are used? 

    All advice and suggestions are welcome. 

Hema, looking forward to an exciting new year...:-)
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