Many filmmakers will show you that the first film they ever produced was in the home, it didn’t cost them anything, apart from the price of the film as well as a video camera they were already in possession of. Even Steven Spielberg shot his first film utilizing a Super 8mm camera. Oh, and incidentally it was a film of his train set crashing! Typical! It is really easy to find books and knowledge on basic film making techniques, just not so easy to find financing for film making.
It has become a nearly scary mission to find finance for young or upcoming filmmakers, and ultimately everything is dependent upon the film making budget. Generally speaking though, in the event the film is of the low budget variety, as well as the idea is different, you must not have excessive difficulty financing it.
With that being said however, finding finance for any film is usually as tasking as actually making the film. You are going to need a business plan first of all, so just before you approach anyone to fund your film making efforts, obtain your strategic business plan together. The company plan should include a film making budget breakdown, who the intended audience is, cashflow 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 generally speaking people who would like to see their name up in lights. You can offer them a credit like “executive producer”, to have them keen on the idea, and you will also have a rich relative, say Uncle Bob the person you could approach. The draw-back of the is that, they probably have hardly any comprehension of how things operate in the film industry and they also might make your lifestyle difficult in the event you film fails to reach the Oscars. Film industry investors are groups of individuals who provide an understanding of the apple.com, and finance film making as a matter of course. These could be studios, distributors, broadcasters or those who will invest in order to make money from your film. These teams of people comprehend the film making industry and possibly won’t expect and Oscar, and can at the minimum 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 credit card to good success for financing a low budget film.
In conclusion, one word of advice is get a better lawyer, preferably anyone who has just a little expertise in the film making industry, who are able to look after your interests. Film making funding is quite a complex process and you need to know concerning your rights particularly in terms of signing distribution deals.
I used to assume that the film students had a lack of interest in Film Budgeting and Costs (of any type). Not any longer. Not long ago i did market research of film students in a respected film school. Here are the outcomes of the survey:
Over 80% of the students said they felt it absolutely was vital that you find out more about budgeting and exactly how it affected their careers as filmmakers. Film & Video production is one of the biggest industries on earth (alongside ljlscd manufacturing, of course). The wide spread utilization of digital medium has produced a whole new opportunity. That opportunity, although less expensive than the Hollywood style film productions we’ve grown used to, continues to be costly and requires financing. How will you obtain that financing? Where would you start?
Answer: You start with the basics of Film Budgeting, Cost Reporting and extremely simple Business Plans. When you can calculate a focal point, or figure out how to manage a video camera, a Film Budget is simple.
Based upon my experience over the past two decades within the film industry, I will 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 are able to undertake more responsibility inside their film & video projects, and two. as a result 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 Strategy.