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How do I determine how much to charge for permanent venue hire?
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<blockquote data-quote="Brian jojade" data-source="post: 76158" data-attributes="member: 211"><p>Re: How do I determine how much to charge for permanent venue hire?</p><p></p><p>How long of a contract are we talking about? If it's a multi year contract, 20% per year of the cost of the equipment is pretty reasonable, plus any setup and install costs. Ongoing maintenance and warranty would depend on what kind of level of service they expect, and would increase the cost accordingly. ie, if they are going to want you on call 24X7, that's going to be an expensive service contract.</p><p></p><p>If the equipment lives there, do not charge per show. That makes no sense, as the gear is depreciating as it sits there, and what's to prevent it from being used without your knowledge?</p><p></p><p>Make sure you have a rock solid contract that states who can use the gear, and who is responsible if something breaks. And realize that if you're there sometimes operating the gear and someone blows it up the next day, they are going to blame you for the failure, even if it wasn't your fault.</p></blockquote><p></p>
[QUOTE="Brian jojade, post: 76158, member: 211"] Re: How do I determine how much to charge for permanent venue hire? How long of a contract are we talking about? If it's a multi year contract, 20% per year of the cost of the equipment is pretty reasonable, plus any setup and install costs. Ongoing maintenance and warranty would depend on what kind of level of service they expect, and would increase the cost accordingly. ie, if they are going to want you on call 24X7, that's going to be an expensive service contract. If the equipment lives there, do not charge per show. That makes no sense, as the gear is depreciating as it sits there, and what's to prevent it from being used without your knowledge? Make sure you have a rock solid contract that states who can use the gear, and who is responsible if something breaks. And realize that if you're there sometimes operating the gear and someone blows it up the next day, they are going to blame you for the failure, even if it wasn't your fault. [/QUOTE]
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How do I determine how much to charge for permanent venue hire?
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