Many filmmakers will show you the first film they ever produced was in the home, it didn’t cost them anything, other than the cost of the film as well as a camera that they were already in possession of. Even Steven Spielberg shot his first film using a Super 8mm camera. Oh, and incidentally 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 mission to find finance for young or upcoming filmmakers, and ultimately everything is dependent upon the film making budget. Generally speaking though, if the film is of the low budget variety, as well as the idea is different, you should not have too much difficulty financing it.
With that being said however, finding finance for a film is usually as tasking as actually making the film. You will need a business plan first of all, so even before you approach someone to fund your film making efforts, get your business plan together. The organization 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 usually speaking those who would love to see their name up in lights. You could offer them a credit such as “executive producer”, to obtain them keen on the idea, and you will even have a rich relative, say Uncle Bob the person you could approach. The draw-back of the is the fact that, they probably have almost no comprehension of how things function in the film industry plus they can make your lifestyle difficult in the event you film does not reach the Oscars. Film industry investors are groups of people that have an understanding of the Kia Jam, and finance film making as a matter of course. This can be studios, distributors, broadcasters or people who will invest in order to make money through the film. These sets of people understand the film making industry and possibly won’t expect and Oscar, but will at the very least desire a return of investment.
Non-film industry investors include banks, rich family members, raising funds, and surprisingly your bank card! Many confident filmmakers have used their charge card to great success for financing a minimal budget film.
In summary, one word of advice is obtain a good lawyer, preferably somebody who has just a little knowledge of the film making industry, who are able to care for your interests. Film making funding is a reasonably complex process and you should know about your rights particularly with regards to signing distribution deals.
I employed to assume that the film students had an absence of desire for Film Budgeting and expenses (of any sort). Not anymore. Not long ago i did a survey of film students with a respected film school. Listed here are the outcomes of the survey:
Over 80% in the students said they felt it absolutely was important to know more about budgeting and just how it affected their careers as filmmakers. Film & Video production is probably the biggest industries on earth (close to ljlscd manufacturing, obviously). The wide spread usage of digital medium has established 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 have that financing? Where would you start?
Answer: You begin with the basics of Film Budgeting, Cost Reporting and very simple Business Plans. If you can calculate a center point, or figure out how to manage a video camera, a Film Funds are simple.
Based on my experience in the last 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 discover they could handle more responsibility in 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 simple Strategic Business Plan.