
Originally Posted by
Tira_Tira120
III. Procedures –
- 40% of the production cost (pc), invested by the producer or co –producer.
- 50% of the PC will be sold to the investors in a minimum of 10k and up to cover the rest of the PC to run the event.
- The amount required from the producer or investors will be used to process the event payments and down payments of Talents, Sound System, advertising and mobilization of the production team.
- Upon contract signing we required the said amount to our producer/investors for full payment so that the production teams start the event procedure.
TERMS AND CONDITIONS FOR PRODUCERS/ CO PRODUCERS
I. 40% of the production cost = 28,000php investment
Investment divided by the production cost equals percentage
28,000 / 70,000 = 0.4%
Percentage multiply to the expected net income equals SHARE
0.4% x 70,000 = 28,000
TERMS AND CONDITION FOR INVESTORS
I. 50% of the PC divided in to 5 portion a minimum of 10k / share investment
Investment capital divided by the PC equals percentage
10,000 / 70,000 = 0.14%
Percentage multiply to the expected net income, minus 15% equals SHARE
0.14% x 70,000 = 9,800 x .15 = 8,333.00