Many filmmakers will show you the first film they ever produced was at home, it didn’t cost them anything, apart from the expense of the film along with a camera they were already in possession of. Even Steven Spielberg shot his first film using a Super 8mm camera. Oh, and anyway it was a film of his train set crashing! Typical! It is really simple to find books and information on basic film making techniques, just not so easy to find financing for film making.
It is now a virtually scary pursuit to find finance for young or upcoming filmmakers, and ultimately everything depends upon the film making budget. In most cases though, in the event the film is in the low budget variety, and the idea is unique, you must not have excessive difficulty financing it.
That being said however, finding finance for a film is often as tasking as actually making the film. You will need your own business plan to begin with, so even before you approach someone to fund your film making efforts, get the strategic business plan together. The business plan should contain a film making budget breakdown, who the intended audience is, income projection, marketing plan, synopsis, biographies and what prospect of sales the film with have.
Investors to approach include both film and non-film industry investors. Non-film industry investors are typically speaking those who would like to see their name up in lights. You can offer them a credit such as “executive producer”, to have them keen on the idea, and you might even have a rich relative, say Uncle Bob the person you could approach. The draw-back of the is the fact, they probably have hardly any understanding of how things work in the film industry and they also can make your daily life difficult if you film fails to get to the Oscars. Film industry investors are groups of individuals who provide an knowledge of the Kia Jam, and finance film making in course. These could be studios, distributors, broadcasters or those who will invest in order to make money from the film. These sets of people understand the film making industry and in all likelihood won’t expect and Oscar, and definitely will at the very least desire a return of investment.
Non-film industry investors include banks, rich family members, raising funds, and believe it or not your charge card! Many confident filmmakers have tried their charge card to good success for financing a minimal budget film.
To conclude, one word of advice is get a good lawyer, preferably anyone who has a bit expertise in the film making industry, that can care for your interests. Film making funding is a reasonably complex process and you must know regarding your rights particularly with regards to signing distribution deals.
I utilized to think that the film students had an absence of desire for Film Budgeting and expenses (of any sort). Not any longer. Recently i did market research of film students with a respected film school. Listed here are the final results of the survey:
Over 80% in the students said they felt it was vital that you learn more about budgeting and exactly how it affected their careers as filmmakers. Film & Video production is one of the biggest industries in THE WORLD (next to ljlscd manufacturing, of course). The wide spread use of digital medium has established a new opportunity. That opportunity, although cheaper compared to the Hollywood style film productions we’ve grown used to, remains costly and requires financing. How can you get that financing? Where do you start?
Answer: You start out with all the basics of Film Budgeting, Cost Reporting and incredibly simple Business Plans. When you can calculate a center point, or discover ways to manage a video camera, a Film Budget is easy.
Based upon my experience over the past twenty years within the film industry, I could confidently say: 1. Graduates from Film Study programs who understand the basics of film & video production money (Budgeting, Cost Reporting and Business Plans) will see they could undertake more responsibility inside their film & video projects, and two. as a result could have more lucrative careers than their peers who haven’t learned to make Film Budgets, who don’t understand any production’s Cost Report and who never saw a basic Strategic Business Plan.