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As a children's book author self-publishing my first eBooks, I am on a very limited budget. My solution is to seek partnerships with artists who will illustrate my stories in exchange for a percentage of any future net profits.
My first partnership is with a citizen of Sri Lanka who resides in Australia. I am a US citizen residing in California.
1. Agreement is project based. For example, this first agreement is for a series of 4 books. The books are completed, but the illustrations are not.
2. Roles and responsibilities need to be defined.
3. Compensation needs to be defined. For example, the artist is providing their illustrations in exchange for a percentage of the net proceeds of any sales (of any type) related to the books and/or specific characters.
4. Agreement should specify types of expenses or categories of expenses th...
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