Advice need it for a financial stucture of project.

Hi guys,

I've got a client who wants me to cover a project for their client who wants to create a illustrated (with photographs) book for their clients to represent and show the product. Currently I'm writing the story board and the concepts of the images that we'll, eventually, be creating. For the creating of the images I probabley need to travel to locations abroad and organising my own sets, as the product is very specific and unique they want the same about the photographs. So this is something completely new for me and I'm not sure what price/financial structure may work well for me... I don't think that the scheme like hourly rates will fit into this assignment. So far all they did was to ask for a flat rate fee (for my job on the story board) but in case they ask me the same for the rest of the project I'll be confuse what to say if they don't point out any specific outline for the cost f the project. And this is quite important for me as it is seems to be once in a lifetime opportunity.
Please any advices and help are appreciated.

Thanks.

Break that down into a shooting script (shot list) w/a day rate for shooting & a 1/2 rate for travel. Include a separate item for Rights if any images are to also be used outside the book.
Since you haven't found out what their budget is, be prepared for screams from the client. Now you have their full attention & can begin the negotiation process.

@PhotosGuy thanks for the response, it seems to be a tricky one