Click here to go to Film Proposals and learn more about film business and financial tools that will get you thinking like an investor and empower you to turn your filmmaking dreams into reality!ighly successful video companies start with a strong production company business plan.Tags: Harald Grosskopf - Synthesist - Remastered Lp - 2011-BccReading Essay QuestionsApa Essay OutlinePenn Autobiography EssayHsc English EssayCreative Writing Course Description Middle SchoolDiscipline Essay Prompts
If you are truly serious about your film career and whether or not your film ACTUALLY gets made, it’s an absolute necessity you learn the business side of the industry and learn the lingo of investors.
Do you know what an effective business plan looks like, how to make one or what to include?
Revenue/Profit Projections: Based on extensive market research (rather than guesswork or comparing your film to something similar that was released back in 1992), here you’ll get the chance to really hook the investor by outlaying expected profits and how much of those they’ll receive.
Letters of Intent: A hugely valued part of the business plan which can really pull an investor.
) Rather than seeing your film business plan as an unavoidable headache, instead see it for what it is, i.e the tool you need to attract funding. Stay focused and get your film business plan nailed down as a matter of priority.
The sooner you do, the sooner you can focus on the task at hand: getting to work on your big idea. Donations are GIFTS and do not have to be paid back.When seeking donor funding, you will need a documentary proposal that includes a treatment, crew bios, a budget, distribution plan and your overall goals and vision for the project.Even if you’re operating on a micro-budget, it’s still a good idea to get to grips with the best practices of compiling a solid film business plan.It’ll help keep you right on path, it’s good practice for your future career, and it might just help you see the bigger picture and drive you to finish the project.Marketing Plan: The movie’s target demographics, how you’re going to get it in front of them, and how much that advertizing will cost, as well as conversion rates between how many people you’re expecting to reach and how many of those will go see the movie/buy the DVD.Distribution Plan: The costs, profits, and expected reach of physical media sales (and the same for online streaming.) If you have details regarding the profits you’re hoping to make from rights sales, this is the place to add them.A highly important part of the business plan which you may want to work on with the rest of the team, this will be the foundation of an accurate budget projection.Production Budget: The shooting schedule total, plus the overall production expenditure of the movie.Don’t make the classic mistake of assuming investors and potential production collaborators want to see every dime and nickel accounted for, because they really don’t. Of course, you’ll probably want to keep a more detailed plan for your own reference and that can be produced if requested, but strip out extraneous details that won’t be of interest to an investor (they don’t want to know the hourly rates of every show runner working on set; they just want to know how much it’ll all cost.) There are a few more sub-sets of this question that you’ll probably tackle along the way, including: Thinking about these questions will get you ready to pitch your movie efficiently at the drop of a hat, and will help shape your business plan as you put it together.What they want you to answer as concisely (and accurately) as possible is this: How are you going to sell the movie, and what will be the return on investment? There are a number of other questions over on the Raindance website which you can expect investors to ask, so do check those out.