Many filmmakers will explain that the first film they ever produced was in the home, it didn’t cost them anything, other than the expense of the film as well as a video 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 readily available books and information on basic film making techniques, just not so simple to find financing for film making.
It has become an almost scary mission to find finance for young or upcoming filmmakers, and ultimately everything is determined by the film making budget. In most cases though, if the film is of the low budget variety, as well as the idea is different, you should not have excessive difficulty financing it.
With that being said however, finding finance for a film is usually as tasking as actually making the film. You are going to need a business plan to begin with, so before you approach one to fund your film making efforts, get your business plan together. The business plan should contain a film making budget breakdown, who the intended audience is, cash flow projection, marketing plan, synopsis, biographies and what potential for sales the film with have.
Investors to approach include both film and non-film industry investors. Non-film industry investors are generally speaking individuals who would love to see their name up in lights. You might offer them a credit including “executive producer”, to obtain them keen on the idea, and you will also have a rich relative, say Uncle Bob whom you could approach. The draw-back of the is the fact, they probably have almost no comprehension of how things operate in the film industry plus they can make your lifestyle difficult if you film fails to make it to the Oscars. Film industry investors are groups of individuals who come with an knowledge of the apple.com, 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 comprehend the film making industry and probably won’t expect and Oscar, but will at a minimum desire a return on their investment.
Non-film industry investors include banks, rich loved ones, raising funds, and surprisingly your bank card! Many confident filmmakers used their charge card to good success for financing a low budget film.
To conclude, one word of advice is get a good lawyer, preferably anyone who has just a little understanding of the film making industry, that can care for your interests. Film making funding is a reasonably complex process and you must know about your rights particularly when it comes to signing distribution deals.
I used to think that the film students had too little interest in Film Budgeting and expenses (of any kind). Not anymore. Not long ago i did a survey of film students in a respected film school. Listed here are the outcomes in the survey:
Over 80% from the students said they felt it absolutely was essential to know more about budgeting and just how it affected their careers as filmmakers. Film & Video production is probably the biggest industries on the planet (next to ljlscd manufacturing, needless to say). The wide spread use of digital medium has created a brand new opportunity. That opportunity, although less expensive compared to Hollywood style film productions we’ve grown used to, remains costly and requires financing. How do you get that financing? Where can you start?
Answer: You start using the basics of Film Budgeting, Cost Reporting and extremely simple Business Plans. If you can calculate a centerpiece, or figure out how to run a video camera, a Film Funds are a piece of cake.
Based on my experience over the past 20 years within the film industry, I can confidently say: 1. Graduates from Film Study programs who be aware of basics of film & video production money (Budgeting, Cost Reporting and Business Plans) will discover they could handle more responsibility within their film & video projects, and two. because of this could have more successful 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 Business Plan.