Many filmmakers will tell you the first film they ever made was in the home, it didn’t cost them anything, apart from the expense of the film and a video 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 readily available books and data on basic film making techniques, just not so simple to find financing for film making.
It is now an almost scary mission to find finance for young or upcoming filmmakers, and ultimately everything depends upon the film making budget. In most cases though, if the film is from the low budget variety, and the idea is different, you should not have too much difficulty financing it.
That being said however, finding finance to get a film is often as tasking as actually making the film. You are going to need a business plan to start with, so before you approach someone to fund your film making efforts, get the business plan together. The business plan should contain a film making budget breakdown, who the intended audience is, cashflow 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 usually speaking those who want to see their name up in lights. You can offer them a credit including “executive producer”, to obtain them keen on the idea, and you might 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 understanding of how things work in the film industry and they might make your life difficult in the event you film does not 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 as a matter of course. This can be studios, distributors, broadcasters or individuals who will invest to make money from the film. These teams of people be aware of 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 members of the family, raising funds, and truth be told your charge card! Many confident filmmakers used their bank card to good success for financing a small budget film.
To conclude, one word of advice is get a better lawyer, preferably somebody who has a bit knowledge of the film making industry, who can care for your interests. Film making funding is a reasonably complex process and you should know about your rights particularly when it comes to signing distribution deals.
I employed to believe that the film students had an absence of fascination with Film Budgeting and expenses (of any sort). Not any longer. Not long ago i did market research of film students at a respected film school. Listed here are the final results of the survey:
Over 80% of the students said they felt it had been vital that you know more about budgeting and how it affected their careers as filmmakers. Film & Video production is one of the biggest industries on the planet (alongside ljlscd manufacturing, of course). The wide spread use of digital medium has established a new opportunity. That opportunity, although less expensive than the Hollywood style film productions we’ve grown utilized to, continues to be costly and requires financing. How will you have that financing? Where can you start?
Answer: You start with the basics of Film Budgeting, Cost Reporting and extremely simple Business Plans. If you can calculate a centerpiece, or learn how to run a video camera, a Film Funds are easy.
According to my experience within the last 20 years in 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 find they can take on more responsibility within their film & video projects, and 2. consequently may 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 Business Plan.