1. Memphis-specific tax handling
- State sales tax: 7%. Local jurisdictions in Memphis may add their own rate β verify with your local tax assessor.
- Late fees: TN statute Tenn. Code Β§47-14-103 caps interest on unpaid invoices at 1.5% per month.
2. Standard illustrator line items
- Project fee β billed by flat.
- Per-illustration rate β billed by flat.
- Usage license fee β billed by flat.
- Revision rounds beyond 2 β billed by flat.
3. Payment terms that work in Memphis
Net 30 is standard for illustrators. Most illustrators in competitive markets like Memphis require a 50% deposit upfront before scheduling work. Accept card and ACH on the invoice itself β Memphis customers expect a one-click payment link in their inbox.
4. Licensing & disclosures
No license required. Contracts must specify usage rights, exclusivity, and territory.
Metro
Memphis
State
TN
Net terms
30 days
Deposit
50%