Thursday, March 1, 2012

Incorporating Simplified


Is It Time To Incorporate?
All You Need to Know About Subchapter S Corporations


I’ve worked hard at educating myself on my finances.  It didn’t come naturally, and wasn’t interesting to me at all until I hit my 30’s.  That’s when I realized I needed to get out of debt and start saving my money. 


Meeting my Financial Planner
I was at a commercial callback, paired up with a partner named Shawn, who kept looking at his watch.  I asked him if he had to be somewhere, thinking ‘what could be more important than booking a national commercial.’  That’s when I found out he was a financial planner working at a big firm.  He needed to get back to the office for a meeting, and since there were four couples ahead of us waiting to audition and we’d already been waiting almost an hour, it was time for him to head out.  I admitted that my personal finances were a mess, to which he responded, “I can help you with that.”  A few minutes later he handed me his business card, got up to go, and said, “Call me.”

It took me three months to muster up the courage to call him.  I was ashamed of the horrible shape I was in and embarrassed to talk about it.  But, if I was going to get out of the serious debt I was in, I had to get help.  It was weighing on me, causing a great deal of stress, which manifested in an aching back, lack of energy, and sleepless nights.  Credit card companies were calling and harassing me, so I’d stopped answering the phone and started to let my answering machine pick up. 

He suggested we meet at Gaucho Grill in Studio City and told me to bring all of my credit card receipts and any statements with outstanding debt.  I gathered all the bills and drove to the restaurant, pushing through the shame and guilt I felt over allowing myself to get in this position.

Shawn took my statements and arranged them in stacks.  He took a crayon from the jar that sat on top of the white paper tablecloth and drew circles around each pile of bills.  Then he numbered them, with number one being the first set of bills to pay off, number two the second, and so on.  I would pay them off according to the highest interest rate and largest amount of money owed, down to the least.

“You’re not in as bad of shape as you think you are,” he told me. 

“Really?” I asked, somewhat shocked.

“Really,” he said.  “If you follow my plan, you’ll have this cleared up in no time.”

I’ve always been a bit too hard on myself, and it was a relief to hear that I wasn’t the moron I thought I was.

Then he looked at my purse sitting next to me and said, “That purse was expensive.  I know, because my wife has one just like it.”  It was a beautiful Kate Spade bag.  “No more shopping for the next six months.”  I gasped, as my eyes practically bulged out of their sockets. 

“Look in your closet,” he continued.  “You’ve got plenty of clothes to wear.  You can mix and match them.”  He knew I had a large wardrobe because I had a ton of department store credit cards.  Plus, I had mentioned that it sucked I was still having to pay for things that I didn’t even wear anymore.

“You’re going to send me 15% of the gross of every check you receive,” he said.    “We’ll open a savings account at Morgan Stanley for you, and let it earn interest until you’re ready to invest.”

I didn’t know how I was going to pay down my debt every month and give him 15% of my gross income.  But he was confident it could happen.  “And no more credit card purchases that you can’t pay in full at the end of the month.  Keep one card and cut up the rest.”  I’m sure I looked physically distraught, because my stomach was in knots and I wanted to cry.  “You’ll see,” he reassured me, “it will feel good to see the money growing in your savings account and have all your debt paid off.”
 
Then he asked what I wanted to do with all the money I’d be saving.  I hadn’t thought of that since I didn’t have any money to pay my bills.

“Ummm . . .” I stammered, feeling very vulnerable.

“Would you like to buy a house?” he offered.

“Yes,” I resolved.

“How much do you want to spend on your house?” he prodded.

“I’m not sure, but I want to live on the west side, close to the ocean.”

“You’ll need at least five hundred thousand dollars,” he estimated.

“Make it six fifty,” I boldly leaped into the game.

“Okay,” he brightened, sensing he’d gotten through to me.  “You’ll need to save 20% for the down payment.”  He wrote some large numbers on the tablecloth with a blue crayon.  “That’s $130,000 on a $650,000 house.”

“Yikes!” I exclaimed.

“When do you want to buy this house?  How about a five-year goal?”

“You think I’ll be able to pay off all my debt and save enough money to buy a house in five years?” I asked in disbelief.

“Yes,” he assured me.

 And that’s exactly what came to pass.  I didn’t even miss shopping that much when I saw my savings account rapidly rising.  Shawn was right.  I already had plenty of clothes hanging in my closet.  When the six month shopping moratorium ended, I didn’t rush out to buy clothes.  Instead, I found myself getting more pleasure out of watching my savings account grow and my debt disappear.


Dummies Books
I’m a big fan of the yellow Dummies books.  They use simple language that enables me to understand challenging concepts.  Mortgages For Dummies was very helpful when it came to buying my home.  And, with the exception of my home, I don’t buy anything I can’t pay for.  My credit cards are zero balanced every month.  I don’t want to be spending my hard earned money on high interest rates anymore.  And I’ve found that there’s a big difference between what I want and what I actually need. 


When to Incorporate
Incorporating has also helped me acquire knowledge and gain awareness of my spending habits.  It hasn’t always been easy to wrap my mind around certain ideas, but I keep persevering, finding another book, person, or website to help me with what I don’t understand.  There’s so much to know and I have so much more to learn.  It’s like putting together a puzzle and I love puzzles.  So, for those of you who have been curious about corporations and what they involve, read on.  If you’re not already incorporated, you may find yourself facing the decision in the not-too-distant future. 

There may come a point in your career when your accountant recommends incorporating.  You’ll know when that time arrives because you will max out your write offs and, more than likely, be earning six figures. 

I was first incorporated in 1989 as Corn Fed, Inc when I was working on a soap opera in New York City.  I dissolved that corporation when I moved to Los Angeles, and in 2002, when my earnings increased again, I set up Queen of Everything, Inc.  This is what I’ve learned.


Fees and Taxes
The good thing about incorporating is that you’ll receive the gross amount of all income.  This will give you control of what you actually pay in taxes, and what you’ll pay in taxes is based on the amount you choose to pay yourself.  Since the majority of your expenses will be business expenses, you probably won’t need to issue yourself a very large payroll check. 

The bad thing about incorporating is the extra fees.  Corporate fees will include setting up your legal paperwork, which will cost you a one-time fee of approximately $500 to $1,500.  Expect to pay a Secretary of State annual tax fee of $25.  You’ll also be required to pay an annual $800 (minimum) tax fee to the Franchise Tax Board.  The S corp tax rate is 1.5%.  So, if your corp netted $200,000 and you paid yourself a salary of $120,000, the net $80,000 corporate income would be subject to a payment of $1,200, which is 1.5% of $80,000. *

If you set yourself up using a bank for your payroll and electronic filing, which I highly recommend, expect to pay between $21.00 and $50.00 or more every month in bank fees.  You’ll have higher accountant fees as well, since you’re now filing two sets of taxes, personal and business.  However, all these fees are business expenses, and business expenses are a write off.

Now, you’re probably thinking, ‘why would I want to incorporate if I have to pay all these fees?’  But you have to consider that you’ll have more control of your finances and there are benefits, which aren’t offered to the individual, such as bonuses and SEP IRA contributions.


Payroll Checks
You’ll have to figure out how much you need to live on per month so that you can issue yourself a monthly payroll check.  For instance, if I set up my payroll at Bank of America and authorize them to issue a payroll check, withdrawn from my corporate checking account and directly deposited into my personal checking account, I will be required to pay federal and state taxes on that amount.  The tax amount is calculated by the bank, and they notify me when payment is required, which I can do with the click of a button, while sitting at my computer in my pajamas. 


Retirement Accounts
At the end of the fiscal year, the government allows corporations to offset gross income by placing a limited amount of money into a SEP IRA account, with the maximum contribution being approximately 25% of your salary.  The current maximum contribution allowed is $49,000.  So, if you’re annual salary is $60,000, the maximum SEP contribution allowed would be $15,000.*  The money won’t be accessible until you’re retired, but your gross income will be lowered by the amount you’ve contributed to your SEP IRA.  Think of it as paying your future self.

Speaking of investing in your future, if you’ve invested your SEP IRA wisely, your funds will grow over the years and you’ll have plenty to live on when you retire, depending, of course, on the amount you’ve contributed to your SEP IRA account over the years.  Some years I put money in, and some years I don’t.  When I have a good year, I always contribute to my SEP IRA.

If everything goes according to plan, I’ll be well provided for from the age of 65 on.  I’ll have money coming in from Social Security, my SAG Pension Plan, SEP IRA account, State Farm Life Insurance policies, and more.  If one or more of these retirement investments falls through, I have others to draw from.  The way I have it set up, I’ll be assured to have something rather than nothing.


Bonuses
Bonuses are determined by your accountant and are based on earnings.  I don’t get a bonus every year, but when I have a good year, I receive a nice bonus.  The better the year, the bigger the bonus. 


Business Tax Categories
Here are a few of the tax categories that I’ve set up with the assistance of my accountant and bookkeeper:

Acting Income
Commissions
Business Fees
Business Publications
Business Supplies
Business Gifts
Professional Grooming
Professional Entertainment
Professional Viewing
Marketing & Publicity
Auto/Transportation


Your Financial Team: 
Financial Planner, Entertainment Attorney, Accountant and Bookkeeper

I highly recommend hiring an entertainment attorney who will assist you in setting up your corporation, an accountant who will guide you through the maze of numbers and prepare your income taxes, and a financial planner who is willing to help educate you in the world of investing.  I consult regularly with all of my team members. 

I recently hired a bookkeeper at the suggestion of my accountant.  My bookkeeper   taught me how to use QuickBooks so I can keep better financial records and generate quarterly profit and loss statements.  Some people choose to allow others to do this work for them, but it’s important for me to be as hands on as possible with my finances.  That way, I can stay on top of them.



Expert Advice from my Accountant, Dan Delany
All examples with asterisks (*) were provided by Dan.

“There are three general considerations I believe to consider when incorporating: one, the tax considerations which have been discussed in this article, the legal considerations which you should always discuss with your legal advisor, and three, the emotional considerations which you should discuss with ..........yourself.    If keeping track of your personal finances is overwhelming and you tend to file your personal tax returns late or at the last minute, you are probably not emotionally ready to handle incorporating.  Just imagine doubling or possibly tripling your current financial obligations.   So, be sure to research all three considerations with the appropriate professionals and yourself before taking the plunge.”
– Dan Delaney, CPA, Willner & Ornedo Accountancy, LLP  

Tuesday, February 14, 2012

Seeking New Representation

I recently left an agency and am looking to be involved with a well-known agent who actually books jobs.  I have been involved in independent projects, some of which I created and was a part of.  Is it difficult to get into a well-known agency without having a recognized name in the industry? 

- Haig Mardirossian, student & aspiring actor


Yes, it's usually difficult to get into a bigger agency if you have very few credits and no name recognition.  Unless, you’re young, have a unique look, or something interesting to offer.  Agents can build careers when they discover actors at a young age.  They’re also interested in actors who are creating their own projects, like you.

My advice is to seek a mid-size agency that isn’t so big you'll get lost in their huge pool of talent and not get any attention.  It's sometimes better to be with a smaller agency where they’re passionate and excited about you, rather than a bigger agency where you're one of hundreds.  However, it's best to get out on auditions so you have a possibility of booking jobs.  If you're not getting out, you need to have a meeting with your agents and find out what you can do to help them get you auditions.  Then, if nothing changes, it's time to move on and seek new representation.  

I've been with large and small agencies, and though they’ve both been good, I seem to do better when they have fewer of my type on their roster.  Your work isn’t over once you sign with an agent though.
You need to be sending out your photo & resume and marketing yourself, not relying on them to do everything for you.

I started my professional acting career in Davenport, Iowa, where I grew up.  I performed in every high school play, and got my first paying acting job during my senior year of high school, working on stage in Fiddler On The Roof at the Circa ’21 Dinner Theatre.  This was an excellent credit to place at the top of my resume. 

Following my first professional play, I applied to the American Academy of Dramatic Arts in New York City and had a regional audition in Chicago, which was a 3-hour drive away.  I was accepted and moved to NYC right after high school.  At the end of my first year there, all the friends I’d made went home for the summer, but I stayed, determined to find an agent and begin working.  I actually found a manager first and he opened doors to various agencies.  After taking a few meetings, we selected the agent that had the most clout and was most enthused about working with me.

Later in my career, when I felt it was time for new representation, I sent my photo & resume to a few agents that I knew were really good, accompanied by personal handwritten letters, telling them about myself and requesting a meeting.  I followed up with phone calls. 

The agent I’m currently with was recommended by a casting director who hired me in a feature film.  When I needed new representation, I asked her for suggestions, and she offered to contact an agent on my behalf.  This was the easiest method and also landed me an agent that was a good fit. 

So you see, there are a variety of ways to seek representation.  Be creative and do your research.  I went to the Screen Actors Guild and looked through the Agency books to view their client lists.  When I wasn’t familiar with an actor’s name, I looked them up in the Players Directory to find out if they were direct competition.  Next, I targeted the agencies that didn’t have many of my type.  This approach required a lot of effort, but worked well.  Now, there’s so much information available online, that you can do much of your research from home. 

Good luck, Haig.  Or, as they say in the theatre world, “Break a leg!”  And remember:  Perseverance will bring you results. 

Friday, February 10, 2012

How to Get your Child into the Acting Biz

I have a daughter who is very young and beautiful. Can you recommend an agency that I can trust to send a headshot to? 

- Jerry Clark, dad from Delaware

Be to sure to ask your daughter if this is something she really wants to do, if you haven’t already.  And make sure that you’re up for it.  Taking her to auditions and callbacks will require a lot of time, energy, expense, and often, disappointment. However, it’s incredibly rewarding when you book a job and get to work on a film or television set. 
If you have a local talent agency in your community, or nearby, start there.  It’s a good idea to build some credits before contacting the bigger agencies.  I’ve listed four agents you can contact in the LA area at the end of this blog entry. 
Remember, when you're seeking representation for your daughter, you should never pay any money up front.  Agents and managers only make money when you, or your daughter in this case, make money.   If they offer to represent your daughter, but tell you they require some sort of fee, turn around and walk out the door.  This isn’t a reputable company.  
Once you’ve signed with an agent or manager, they may recommend getting your daughter into an acting class or workshop to help improve her skills and gain confidence.  This is a reasonable request. 
They will also, more than likely, request that you upload your daughter’s photo & info to LA Casting for online commercial submissions and Actors Access for online theatrical submissions.  These sites have fees attached, but it will be a necessary step for you to take.  Your agent will be able to submit your daughter to casting directors using this service, and you’ll also be able to submit her yourself on certain projects.
Commercial and theatrical agents will take 10% of your gross earnings, but they’re almost always able to negotiate their 10 percent commission on top of your salary. 
Print agents, or the print division at a commercial agency, will take 20% of your gross earnings, even if they’ve managed to negotiate 20 percent, or more, in the contract.  
Managers usually receive a 15-20% commission, which means if you decide to hire both a manager and an agent, you'll be giving away anywhere between 25 -40 percent of your gross income.  When you figure in taxes, that's about 50 percent of your paycheck.  However, this is standard, and your agent and manager won't make any money until your daughter books a job and receives income.  Sometimes the more people you have working on your behalf, the better.    
On another note, for all of you:
As far as photos go, starting out with a good headshot is really important.  It's your key to opening doors.  
Jerry has a friend who is a professional photographer & took this photo of his daughter in the ball field one afternoon.  It's a great shot!

Addelyn is looking directly into the lens with a natural expression and an energy that leaps out of the photo.  Her pink top against the green background makes her eyes pop. 
The photo is simple, not busy.  It captured my interest & will definitely attract an agent’s attention.
When you print up 8x10’s, which is the standard headshot size, don’t skimp on quality.  Find a good photo lab to duplicate your photos.  It’s important to put your best foot forward.
Here are the names of a few top-notch LA talent agencies that have represented me over the years that I highly recommend.  The top two are my current agents.  All have youth divisions, as well as adult divisions, and a few have NY offices or affiliates. 
Visit the agency websites, find the name of the agent that handles the youth division, and send your photo to them with a brief note.  You can send it via email or through the postal service.  Tell them a little about yourself and request a meeting.  
It’s okay to send them a message via Facebook, too.  Be sure it’s a personalized message though, and not a general message that you would send to just anyone.
I’m looking forward to regular updates from you, Jerry.  Wishing you & your daughter the very best!  

Daniel Hoff Agency                  http://www.danielhoffagency.com
Commercial Talent Agency     http://www.commercialtalentagency.com
Abrams Artists Agency            http://www.abramsartists.com              
AKA Talent Agency                  http://www.akatalent.com                     

Sunday, January 1, 2012

Waiting To Work

Hurry Up and Wait

 A lot of time spent on Film and Television sets involves waiting.  It’s similar to the time an Actor spends waiting to hear if they’ve booked a job after auditioning, only it’s a bit easier when you’re waiting on a set because you’ve actually got the role.  It’s just a matter of when you’ll get to perform. 

I can only remember one time in my thirty-plus years of being on sets when I didn’t have to wait.  I was working on The West Wing.  A Production Assistant handed me a brand new scene while I was sitting in the make-up chair.  It was a long, heart-wrenching monologue.  I’d already learned the script they’d sent me days before, but this was completely different.  “They’ll have cue cards on set for you,” the PA told me when she saw my eyes go wide with panic.  But moments later, I was taken right from the chair to the set, and there were no cue cards.  It would have been highly unusual if there were, but still, I was told they’d have them for me.  I did the best I could, but the Script Supervisor corrected me in-between takes, wanting the words verbatim.  In the end, the scene didn’t make it on the air, which was really disappointing since The West Wing was one of my favorite shows.  It would have been nice to have been given the time to sit in my trailer and go over the new dialogue.  Waiting would have been wonderful.

Most Actors are frustrated by the amount of time they spend waiting.  Mostly because they come prepared to work and often have to sit around for 4 to 8 hours before having that opportunity.  It’s important to get good at waiting.  And I don’t mean waiting on tables, although it’s a great way to supplement your income when you’re starting out.  I mean waiting, and waiting, and well . . . waiting.

You don’t want to expend all your energy before you get in front of the camera.  When I worked on the Adam Sandler film, You Don’t Mess With the Zohan, my call time was 9pm and I wasn’t called to the set until 3am.  When the PA’s gave me notice that we were hours away from my scene, I slept in my trailer.  Adam commented on how much energy I had at 3am, but I had been sleeping while they’d already worked a 10-hour day with hours left to go.   

The only time I haven’t had to wait to hear if I booked a role was when I auditioned for John Carpenter.  I got the call on my drive home that I’d booked the role of Susan in the film, Prince Of Darkness.  I read for the role of Lisa so it was a bit strange when my manager kept calling me Susan, thinking I’d understand that this meant I booked the job.  Normally it will take anywhere from a few days to a few weeks after you’ve auditioned to hear if you’ve booked the role. 

I waited 3 months before hearing that I’d booked the role of Bryant Gumbel’s ‘Hello, America’ Co-Host in the Nicolas Cage film, The Weather Man.  I thought they’d shot the film and edited it by then.  I was thrilled to find out that the shooting schedule had simply been delayed, and that I would be flying to Chicago to work on the film for 3 weeks.

Right now I’m waiting to shoot a scene in the Lifetime Movie-Of-the-Week, Killing Mr. Wright.  I’m playing a Legal Expert.  I didn’t have to wait to hear if I’d gotten this role because I didn’t have to audition.  It was a direct Booking.  The Casting Director called my Agent and offered me the role.  I love when this happens, and it’s happening a lot more often these days.  This particular scene that I’m waiting to shoot is the last scene of the day.  It’s 9pm and I’ve been here since 5pm.  The Crew and other Cast Members have been working since 10am. 

Male actors are often given later call times because they require less time in hair and make-up.  I’ll be working with an actual news reporter who I won’t meet ahead of time.
I’ve been to wardrobe, had my hair and make-up done, signed my contracts, gone over my lines numerous times, studied the call sheet, read the script again, and gotten brief updates from PA’s on where they’re at in the shooting schedule.  I’m comfortable, relaxed, and well prepared.  I brought my laptop and am working on my blog.  I visited the set to watch a scene being shot and met some of the Crew Members.  Back in my trailer, I return my agent’s call, read a bit, go over my lines a few more times, and stay focused.

‘Hurry up’ is due to the fact that the schedule can change at any moment, and scenes often get shuffled around.  The PA’s get in trouble if they don’t have the Actors ready to go to set when called, so they usually get them ready early.  So I’m waiting, in my wardrobe, with full hair and make-up, trying not to wrinkle my blouse and slacks.  I want to look fresh when I arrive on the set.

Then, suddenly, with no warning, I’m called to work.  And I’m ready.  I meet my fellow Actor, who plays the Pundit in the scene, as we’re walked from our trailers to the set.  The 2nd AD introduces us to the Director.  We shake hands and get to work.  The Crew has had a long day and they’re anxious to film the final scene and go home.  The very last shot of the day is called the Martini shot.  Apparently the final shot acquired its name because after the last shot of the day “the next shot is out of a glass.”  A Martini is always well deserved after a long 10-14 hour day of shooting. 

We rehearse the scene with the Director in a quiet area while the Crew adjusts the lighting on set.  Stand-ins are brought in to take the Actors positions, which helps the process go faster.  Meanwhile, at our rehearsal, the Director offers his notes and suggestions, and encourages improvisation and ad-libbing.  Actors aren’t always allowed to improvise, but it’s really fun to do.  I always read the entire script, not just my part, and I read it more than once.  I have a lot of ideas about what I’ll talk about and what other questions I want to ask the Pundit.  Next, the Sound Mixer wires us.  In this case, the microphones don’t have to be hidden because we’re on a television talk show.  Since we’re shooting in front of a green screen and much of the lighting was preset, the Crew is ready to go in ten minutes, which is pretty miraculous on a film set.  Lighting design often takes hours.  The Editors will plug in the Virtual Set later, when they get to the Editing Room.  Who knows what they’ll choose for the background.  I won’t know until I see the movie. 

It’s over in less than an hour.  Four hours of waiting and forty-five minutes of actual filming, to be exact.  It went well and I had a great time.  Back in my trailer, I pack up my things.  A PA stops by to have me sign the time sheet.  I scribble my initials next to the hours worked.  I got a lot done while I was waiting, and I got paid while doing it.  Hurry up and wait.  That’s Hollywood, and I wouldn’t trade it for anything!


Friday, December 30, 2011

Successful Marketing


Queen of Everything blog readers are making tremendous strides in marketing themselves!

Derwin White is a Composer and the Owner of DKW Musicworks.  His new website launched last month.  He put a lot of work into it and it shows!  The website has a great look and is easy to get around.  When you click on the Music tab, it begins playing automatically, and is excellent!  Big things are ahead for DKW Musicworks! 

Wishing Derwin & his partner, Eric Nedelman (Composer/Producer/Recording Engineer), success, prosperity, and an abundance of work.  Check out the website at www.dkwmusicworks.com and be sure to visit the Resources page where he acknowledges this blog.  Thank you for the plug, Derwin.  It’s greatly appreciated!   

Garrett Goldenberg is a Filmmaker, Actor, Director, Writer, and Editor.  He just completed his demo reels.  He created a 1-minute Theatrical Demo Reel, filming his own comic and dramatic scenes, and uploaded it to Actors Access.  His 3-minute Director Reel is available for viewing at  http://www.youtube.com/watch?v=k92ogDJIkng       Both reels required a lot of time and energy and are well done!  


Sigrid Holland has worked in the food service industry for over 40 years.  She’s a wonderful chef and has a successful blog called Frage Sigrid’ A Memoir.  She shares delicious recipes on her blog at http://fragesigrid.blogspot.com/ and is developing a television show.  It’s been wonderful to share ideas with her and follow her blog!  


Marketing is a key element to a successful business.  Congratulations to all of you!

                                    Wishing you all a very Happy New Year! 
                      Let your creative juices flow and your imagination expand!
                               May 2012 be a successful year of fulfilling big dreams!  

Wednesday, October 19, 2011

WEBSITES - Are They Necessary?


“Do I really need a website?”  This is a question I am often asked, and my answer is always, “Yes, you do!”  I’ve been talking about the necessity of a website for months, but haven’t gone into detail about why they’re important, until now. 

A website is your calling card.  It will enable you to have all your marketing tools in one place.  This information will be accessible to everyone, 24/7.  If your agent needs to send a potential client your info, they can simply direct them your website.  Think of it as hiring a publicist, only it’s a lot less expensive. 

Free Publicity
I think of social media as free publicity.  It's a great way to connect with fans, friends, family members, classmates, professional acquaintances, potential employers, and those who want to find out what you’re doing. 

Websites are similar, except that you will need to make a financial investment. But it won’t cost you much to set up and maintain, and is free for everyone who visits. 

Domain Names
The first step will be to purchase a domain name.  There are many companies to choose from, and their prices vary wildly.  Check out APlus.net, Register.com, GoDaddy.com, Whois.net, siteskins.net, etc.  Find out what they charge and do a comparison. 

It’s a good idea to register with the company who will also host your website.  I set up my domain name with Register.com, but then transferred it to APlus.net, which is the company that hosts my website.  However, it was problematic to transfer, and now that I know I can purchase domain names from APlus.net for a much lower price and no 'transfer' headache, I’ll do that in the future. 

I tried to host my own website years ago, leaving my computer on all day and all night, but that became challenging, so I decided to find a company with expertise in this area.  My web designer had done a lot of research, which is how we selected APlus.net.  They charge me a monthly fee of $4.99 to host the first website, and $1.99 for each additional site. 

Once you’ve made a decision on where you’ll purchase your domain name, enter the name you’ve chosen to see if it's available.  If you’re an actor, I would recommend choosing www.yourname.com.  If that’s not available, try yourname.net.


CREATING YOUR OWN WEBSITE

NOWCasting.com
If you sign up with NOWCasting.com, which is a website for actors, they’ll assist you with your domain name.  All actors should list themselves here for free.  Casting directors use this site to search for actors and their representation.  It doesn’t cost anything to upload your photo and resume, but if you want to include your reel, clips, etc, there will be a fee.  I signed up as a Reels & Clips member, paying $6.00/month.  This enables me to have my theatrical reel and clips on my Profile page.  I can email my this page to anyone who requests my information by simply attaching a link.  My NOWCasting.com profile page gives the recipient the ability to view my photos, resume, representation, personal website URL, email address, bio, and theatrical reel.  

NOWCasting.com offers a variety of services at a range of prices, including designing your own website.  Depending on how fast you make decisions, you can have your website up and running within a few hours.  They have dozens of great template designs to choose from, and your website can be as detailed as you’d like.  The down side is that, more than likely, your name won’t appear at the top of the search list when someone googles your name.  You will also have a longer URL address on your business card, which will look like this: www.nowcasting.com/yourname.com versus the simpler and nicer looking www.yourname.com.  Still, for $21.00/month, it may be the easiest and most affordable thing to do. 

siteskins.net
This is a very cool website design company that I just learned about from a make-up artist on a recent photo shoot.  She highly recommended them for creating your own website.  It’s free to set up your site; you just pay $7.95-$19.95/month for them to host it.  It’s a good value, and I visited the new website she created for herself and was very impressed.  She has a huge amount of information there, including hundreds of wedding photos and videos, for $19.95/month.  She mentioned that they were extremely helpful when she got stuck and called for advice.  They also offer domain names at a very reasonable price.  I highly recommend purchasing your domain from the same place that will be hosting your site.  As I said before, transferring your domain name can be challenging, and you want to avoid a severe headache or migraine.

iWeb
If you have a Mac, and have purchased iWorks, you can create a website using iWeb.  However, I attempted this and found the design choices too limiting.  You may have better luck.

Template Designs
If you’re computer savvy, you can chose a template, from one of many websites offering a selection of designs, and design your own site from scratch.  Once you’ve uploaded all your photos, clips, reels, and resume, you’ll need to know the secrets of how to place yourself at the top of the search engine list when someone googles your name.  You don’t want people to have to search through pages of listings trying to find you.  The goal is to be the first listing when googled.

You may be tempted to design your website in Flash, but I would recommend avoiding it, simply because iPhone users won’t have accessibility to your website.    Many business people are on the go these days, and they’re accessing information via smart phones, so keep this in mind.  How will your website look on a smart phone versus a computer?  Until Apple and Flash stop feuding, you’re better off designing your site so everyone can view it.   


Hiring a Web Designer
If you have the funds to hire a web designer, I highly recommend it.  This is the best option for getting exactly what you want.  Ask around and find out who your friends have used and if they’d recommend them. 

Do your research before you call the web designer.  View other websites, and make note of what you like and dislike about those sites.  Note the simplicity, the ease of getting around on the site, color scheme, layout, tabs, pages, and other design aspects that speak to you.  When you’re prepared, make your call.  Share this information with your web designer.  The more specific you can be about what you want, the easier it will be to collaborate.  You’ll pool your ideas to come up with something original that is unique to you. 

A voice-over actress I know had an artistic friend create a cartoon caricature of her as Samantha from Bewitched.  Her website even has the Bewitched theme music, and it’s fun to navigate.   The ideas are limitless.  However, what you come up with may require a lot of time and energy, and will depend on your resources.  You’ll need to gather your photos, resume, reels, video clips, write a bio, and write your own text.  You’ll have to make decisions on how many pages you want, where to place things, what font you want to use, and the overall look of your site.  It’s an extremely creative process, and it will be rewarding to see it evolving and taking shape. 

A Temporary Home Page
Have your web designer create a temporary Home page while you’re developing the site.  The creative process could take weeks, or months, depending on how involved it is and how much content you’re uploading.  Keep your temporary Home page simple.  Include your name, photo, and contact info, and let the visitor know that your website is Coming Soon or Under Construction.  You won’t be giving out your website address until you’re ready to launch, but this will be nice for those who search for you before the site is ready.  This step isn’t imperative, but it shouldn’t cost you any extra.


Website Servers and Hosts
Once your website has been created and is ready to launch, you’ll need to find a host, which we discussed earlier.  There are a lot of great choices out there.  Hopefully you selected your domain name from the same company who will be hosting your site, but if that wasn’t possible, you’ll need to go through the transfer process.  This will, more than likely, require some assistance from the company who will be hosting your website.  If you hired a web designer, they’ll know how to do all of this.

Launching Your Website
Once your website is completed and ready to launch, make a big announcement.  Tell everyone!  Post your new website on Facebook, Twitter, YouTube, MySpace, LinkedIn, and other social media sites.  Upload it to casting services like LA Casting, Actors Access, and the Casting Frontier. Mention it anywhere and everywhere you can think of!  Email the link to all your friends and ask them to share it with others.  Be sure to include your new website on your business cards, and hand your cards out wherever you go. Design a postcard announcing your new website, get them printed up, and send them out!  

Keep Your Website Updated 
If you’re not managing your website yourself, make sure you’ve discussed expenses with your web designer.  They may teach you how to make changes on your own, which is normally included in the initial fee.  I know a great web designer who charges $3,000 to design your site, but all future updates are included in that fee, and he teaches you how to make changes on your own.  Every website that he has designed looks amazing, and was well worth the investment. 

Landing one big job can potentially reimburse you for all your web design expenses.  That happened for me.  Shortly after I’d launched my new site, I was booked on an infomercial, and the director told me he was impressed with my website and that it was a factor in landing me the job.  He had access to my reels, resume, photos, and other info that helped him make his casting decision.  Although it’s hard to gauge who is actually viewing your site, you’ll know, because people will tell you.  Be sure to set up an email link on your site so your viewers are able to contact you directly. 

I update my website frequently.  My web designer is a friend.  I paid him an initial design fee and am charged on an hourly basis for the changes I make.  I email him updates, additions, deletions, new video footage, and new photos, and he bills me every few months or so.  This morning I emailed him, asking if he could put my October Newsletter link on the Home page.  He had it done within the hour.  A few days before that, I decided to include my Host reel on my Video page (as well as the Host page where it already exists) and he had it done the same day.  He also edits my theatrical, host, and commercial reels, which are constantly being updated, and keeps me at the top of the google search. 


Knowing What You’re Getting Into
Make sure you understand the agreement that you enter into with your web designer.  A flat rate could run you anywhere from $750 to $4,000 or more, depending on the amount of time and work involved.  You may be able to find a friend who can help you, or is willing to charge a lot less.  Maybe you can make a trade with someone.  Whatever the expense, this investment is a good one.  It’s also completely tax deductible!  Your website is an integral part of your Business Marketing.

Business Can Be Creative
Artists tend to lack business skills.  Acting is so much fun that they can’t be bothered with the ‘business’ of acting.  As I’ve said before, marketing is essential, and building your website can be very creative.  You’ll be making decisions that are design related and artistic in nature.  I found that writing my own text, bio, and photo descriptions, really made me hone in on what I was contributing to the world as an artist.  It was also rewarding to see a body of work take shape before my eyes, revealing years of experience.  Now it’s all in one place where I can easily share it with others.  It’s accessible 24/7 to casting directors, agents, potential employers, directors, producers, fans, friends, family, classmates, and anyone who’s interested.


Congratulations!
Once you’ve purchased your domain name, created your website, found a host, and launched the site, pop the cork on a nice bottle of bubbly and celebrate!  You have your own website!  Tell everyone!


All Questions Welcome
If you have any questions, feel free to ask.  And remember:  Marketing is the key to your success!

Monday, October 3, 2011

Agents - Do You Really Need One?

I love my agents.  All of them.  I work with three Talent Agencies in Los Angeles who represent me for film, television, theatre, commercials, hosting, voice-over, internet  and print.  I also have an agent in San Diego, Colorado and on the East coast.  Do I think they’re all necessary?  Yes, and here’s why.

Agents Get You Work
First of all, agents only make money when you make money, so it’s in their best interest to get you, and all their other clients, work.  Agents have access to casting directors and will be able to get you auditions that you can’t get on your own.  

Agents Negotiate Bookings
When it comes to negotiating, I’ve found that it’s good to let the agent handle the client, and not get involved in the negotiations.  If I receive a direct call from the casting director or client and they start talking about money, I refer them to my agent, stating that my agent handles the financial stuff.  That way, my agent can be the ‘bad guy’ asking for more money, while I remain the ‘good guy’ who shows up to work with a big smile.  However, I enjoy the phone calls from my agent telling me where they’re at in the negotiation process.  In the beginning it was difficult to know a booking could potentially be lost, but I’ve always allowed my agents to do their job, deferring to their expertise in the art of negotiating.  After all, that’s why they’re there, to do the very best that they can for you.

The amount of money you’ll make when you book a television job will depend on whether the role is a co-star, guest star, or series regular, your last quote, and how much money is in the budget.  If it’s a feature film, your rate will depend on whether the feature is an independent or studio film, your last quote (if you have one), and the money available.  Webisodes (short episodes for internet) fluctuate wildly, commanding larger fees for name talent.  Commercials sometimes vary in pay as well, although most SAG and AFTRA session fees are standard.  Non-union commercials usually pay less, but not always.  Hosting jobs are all over the map.  If residuals are negotiated for infomercials, it’s at a much higher rate than commercials, and if back end is negotiated, you could be an extremely wealthy individual, if the product does well.  Notice there are a lot of ‘if’s’ in that sentence. 

Agent Commissions – They Only Get Paid When You Get Paid
The Agent almost always gets their commission on top of whatever they’re able to negotiate for the job you booked, and normally that’s 10%.  Print is different.  Agents take 20% out of your paycheck, whether they negotiate an extra 20% on top of your salary, or not.

Whether the agent’s commission comes out of your paycheck or not, they’re not making money if you’re not making money.  Consider the fact that they have access to casting directors you don’t, and can get you the auditions you need to book jobs; it’s the best 10-20% you’ll ever spend.


How To Get An Agent 

Personal Contacts
Think about who you know.  You may have contacts who are able to open doors for you.  Maybe you have a family member in the business, or friends in the industry who can assist you in getting appointments.  I got my recent theatrical agent because a casting director, who had cast me in two different projects, opened a door for me.  She made a phone call to the agent and recommended me.  Prior to that, most agents I’ve worked with were acquired by writing cold letters, or by sending a headshot and resume to an agent recommended by a friend.   

An Approach That Worked For Me
Here’s how I got one of my first theatrical agents in Los Angeles.  I went to SAG and sat in a small room filled with stacks of big directories.  I knew the agents I wanted to target because I had read about them in the Ross Reports (which has been renamed Call Sheet) and in guides at the Samuel French Bookstore.  I looked up the agent client lists in the directories.  If I didn’t recognize an actor’s name, I wrote it down, and then looked up the actor in the Player’s Directory.  With all that information gathered in my notebook, I went home and wrote letters to the agents that didn’t have actresses similar to me.  I made sure that they weren’t representing five of my type already, and preferably only one of me, or even better, none.  In my letter, I told the agent a little about myself.  I wrote about how I was from Ottumwa, Iowa and the oldest of five kids.  I mentioned that I had been onstage since I was four years old, the names of acting teachers I’d studied with, and recent plays I’d been in.  I said I would be calling them to set up an appointment, and that I would bring in my demo reel when we met. 

That approach worked well for me.  I have fond memories of receiving a response from the Gersh Agency, who have always been kind and encouraging to actors over the years, even in the face of rejection.  I haven’t worked with them, but they actually took the time to pick up the phone, call me, and say, “Thank you for your submission, but we’re not taking on any new talent at this time.  Stay in touch and let us know what you’re doing.”  It was so classy, and such a nice thing to do. 

Cold Calls
Some agents may not respond or even take your call, but do call them.  The worst thing they can say is “no, we’re not interested” or “don’t call us, we’ll call you.”  At least you’ll know where you stand.  If you hand-deliver your headshots, you may run into one of the agents in the elevator, or build a relationship with the receptionist which could be very helpful. 

Social Media
There are a lot of other ways to connect.  Social Media, like Facebook, Twitter, and LinkedIn, are good ways to get the word out about what you’re doing, and that you’re seeking representation.  Make requests.  Ask friends and teachers if they know someone they could recommend.  If you’re not doing theatre, maybe you’d enjoy doing stand-up, improvisation, or making YouTube videos to get your work seen. 

Networking
A website is essential.  It should include your headshots, resume, bio, demo reel, and appear at the top of the Google list when your name is searched.  

You’ll need a business card to hand out everywhere you go.  It should include your photo, website, email address, and phone number.  For every card you hand out, be sure to collect a card.  You never know who you’re going to run into, or where you’ll meet.  I met a representative of Survivor waiting in a movie theatre line in Marina del Rey.  She gave me her professional business card which directed me to their website.  At the time, I wasn’t thrilled about reality shows, but they’re here to stay, and they’ve made many unknowns famous.  Look at what’s happened for some of those who have appeared on The Apprentice, The Bachelor, Survivor, Dancing With The Stars, Jersey Shores, and other reality shows.  Make sure you get out to events and mingle.  And, when you do, make the effort to look great.    

Here’s a good question from Garrett Goldenberg, Los Angeles, CA.
“What’s the difference between a manager and agent?”

Agents vs Managers
Is it possible to have a successful acting career without an agent?  It’s not impossible, but it is much more challenging.  I know actors who have a personal manager, but no agent, and they get auditions.  I know actors who have agents and personal managers, and they seem to do better.  Since managers receive 15-20% commission on the gross of everything you make, you could be giving away 25-30% of the gross of your earnings if you have both an agent and manager.  Still, if they’re getting you work, it’s worth it.  After all, commissions are a write-off, and work leads to more work.

What Managers Do
A manager usually has fewer clients than an agent and will give you more personal attention.  They may assist you in selecting headshots, updating your resume, getting you feedback, giving you advice, helping you with what to wear, and scheduling conflicts that may arise.  Managers will take 15-20% out of your gross earnings.  They’re not legally allowed to negotiate, though some do.  If they have great contacts and can open doors for you that your agent can’t seem to open, it will be worth it to have a manager as well as an agent.  If you just have a manager, they’ll be able to get you auditions and guide your career, although they may not be able to get you in as many doors as an agent would, depending on who they know and how influential they are. 

What Agents Do
Agents will service an entire roster of clients at their agency.  They will submit and pitch you to casting directors, set up auditions, and make sure you get the script and sides.  They’ll notify you when you get a callback, and negotiate for you when you book the job.  They won’t have time to coddle you or give you much advice, unless they get negative feedback about you from a casting director.  You may not have much interaction with your agent because they’re so busy, but they’re busy trying to get their clients work which is what you want.  My theatrical agent is wonderful about responding to short emails, but many agents don’t want to be bothered.  It will depend on your relationship with your agent. 

Getting Your Own Work
Actors also get paid work on their own, from time to time.  It’s always a good idea to make your agent aware that you’re working and offer them their 10% commission.  If you’ve signed contracts, they’re legally entitled to a commission on all your acting earnings within a 50-mile radius.   

Hiring Both An Agent and A Manager
I’ve found that, if you have a manager, they will deal with your agent, which means you’ll receive appointments and bookings from your manager rather than your agent.  I enjoy developing a relationship with my agent and acting as my own manager.  I pay myself 15% of the gross of every check I receive and invest it.  That way, I get to keep the money I earn.

Remember that as much as 30% could be taken out of your gross paycheck when you have both an agent and a manager.  If the manager is able to bring some awesome connections to the table, it could be well worth it, and when you get busy and have trouble juggling appointments, your manager can help you out with scheduling.  Propose working with a new manager on a trial basis, or sign a short term agreement, but it’s best not to commit to a longer term until you know what they’re capable of doing for you.  

In the past, I’ve had a manager and an agent, and that was great.  Part of the reason it worked well was that my manager also had a background as an entertainment attorney and publicist.  He had a lot of contacts, which really helped me when I was on the soap opera, Another World, in New York City for two years.  Even though I was locked into a contract and paying him 15% out of every check, he was able to continue working for me from Los Angeles.  When I received my first paycheck from Another World, I was in shock.  I wasn’t incorporated at the time, so state & federal taxes were approximately 30-40% of my gross earnings.  With my agent taking 10% and my manager taking 15%, I saw less than 50% of my paycheck.  That was a real eye-opener.  When I talked to my manager about my meager paycheck, he offered to take 10% instead of the 15% he was entitled to, which helped a bit.  I don’t have a manager now, though I’ve recently been considering it.  However, I’ve always had an agent.  I wouldn’t have been able to get the work I’ve obtained without being represented by my agents.  I am forever grateful to each and every one of them.

Hiring An Entertainment Attorney
I also have an entertainment attorney who has been extremely helpful, going over spokesperson contracts and assisting me with my corporation.  I pay him whenever I need his services.  Even though I’m incorporated, I handle the business myself, without the assistance of a business manager, who normally takes 5% of your gross income.  My accountant helped me figure out how to do payroll, pay corporate taxes, file paperwork with the government, etc.  Incorporating is a whole different topic which I’ll cover in a future blog entry.  For me, it has been essential.


Garret also asked another good question.  “Should you leave your agent if you’re not happy, or stay with them and wait until you find a new one?”

Should You Leave Your Current Agent?
From past experience, I’ve found that it’s best to stay put until you have somewhere else to go.  You can utilize your current agent by using them as leverage to get into casting offices.  If you have an agent listed as your contact, vs a personal phone number, you’ll be more likely to acquire a meeting.  It’s more professional.  If you’re unhappy with your current representation, ask your agent to set aside some time to talk with you, and let them know you‘d like to get out more.  Ask what you can do to help.  Tell them you want to be proactive and assist them in getting work for you.  They may have some ideas.  Treat them with the respect that you’d like to be treated with in return.  Enlist them to work together as a team.  You are essentially hiring them, and they know that.   

Marketing Is A Must
You may find that you’re self-disciplined, motivated, and a good marketer.  However, most actors require assistance when it comes to the ‘business of acting’.  The creative part, where you actually get to act, comes easy and is fun.  The key is to combine business with creativity so that you enjoy doing it.  Otherwise you’ll need to hire someone to help you, or make a trade with a friend.  It won’t help you to send your material to agents if you’re resentful that you have to do it.  An optimistic attitude will make a huge difference and bring you better results.

A Job To Support Your Career
If you don’t have the funds, then you’ll need to get a job so you’ll have the ability to pay for top quality headshots, reproductions, resumes, a website, business cards, mailing supplies, and the casting services you’ll need to register with, such as Actors Access, LA Casting, The Casting Frontier, and NOW Casting.  If you’re a voice-over actor, you’ll need to create a professional one-minute demo reel and upload it to voicebank.net, voices.com, voice123.com, and other VO casting services.   It’s a financial investment in your future.  When I first started out, I worked at Maxwell’s Plum in New York City, waiting on tables.  The tips were good, and every bit of money I made that didn’t go to my living expenses, went to investing in my career.  I didn’t love that job, but I did love that it enabled me to pay for the tools necessary to get the acting work I truly wanted.  I waited on tables for two years, until I got a good agent, started auditioning a lot, and booked a few commercials.  When I was able to quit my waitress job and dedicate myself to acting full time, I was thrilled!

Don’t Sit Back And Do Nothing
Actors who get agents and think they don’t have to do anything more because they’re being taken care of, will be in for a big surprise.  Once you have an agent, you’ll need to market yourself.  That will never end.  Even major celebrities promote themselves.  They hire publicists to keep their faces in the magazines and on talk-shows.  Marketing is key, as well as keeping up with all your online acting resources.  You’ll need to keep all your materials up-to-date.

Agents Are An Asset
Good luck with your hunt for an agent.  In the thirty years I’ve been in this business, I’ve only met one agent I didn’t like.  He worked at a well-established, high-powered agency and was arrogant and condescending, kind of like Ari Gold on Entourage, but long before the HBO series was created and became popular. 

I’ve met a lot of agents over the years, and they have all been hard-working, passionate people who are trying to help you book jobs and get paid well for your work.  They’ve created many opportunities for me, and negotiated much better deals than I could have ever negotiated for myself. 

So, do you really need an agent?  Yes, I would say that you really need one.  Or more!



If you come up with a new approach that lands you a good agent, let me know.  I love to post success stories as well as answer your questions.