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.
Having an effective business plan or documentary proposal can be the difference between getting your film financed or having your idea be just that.. There are two ways to get funding for your film or documentary:donors or investors.
Most documentaries are non-profit ventures and get their funding through donor sources such as foundations, philanthropists or other individuals who support the project.
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?It’s an easy-to-use 23 page template that can be used alone, or in conjunction with their Film Proposals and Financing Manual and Film Projections Templates.Just to be clear, this template is for feature films, but it can easily be modified for ANY film or documentary project. Whether you’ve learned how to make one in film school or not, it’s likely that it’s an essential aspect of your production that you could be overlooking at your own risk.Those involved in making movies tend to be creative folk and view spending hours pouring over figures on a spreadsheet as anathema to the craft. and don’t think that you’re not “pro” enough to get away without doing one.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.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.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.