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Apr 1, 2019 · Before we dive into the first steps of how to create a production budget and start populating a film budget breakdown, let’s jump right into the basics of film budgeting. Phases of the Budget. Film Budget Breakdowns. Film Budget Accounts. Budget and Prep Days.
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- Budgeting App
Film budgeting is an essential part of the filmmaking...
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- What Type of Film Are You Making?
- Breaking Down The Script
- Cast Wages
- Above-The-Line Crew
- Below-The-Line Crew
- Pre-Production Costs
- Production Costs
- Post-Production Costs
- Distribution Costs
The expectations of your film will help determine what type of budget you are looking for. For instance, perhaps you are hoping to make a micro-budgetcollab with friends, or maybe you are aiming to attract stars and cinema distribution. Not to mention that the schedule of a film with a budget will look a lot different from that of a DIY venture. As...
In order to estimate your film's budget, you need to decide how many days you aim to be in production. Studio films get by on shooting only one page of script a day. The majority of films average about five pages, and a low-budgets can plan to shoot as many as ten. In general, the more days of filming the more your film will cost however, a larger ...
Now that you have an idea of how many days you will be filming, you can begin to break down your film production budget. You also now have an estimate of how many days of filming you need for each actor. Start by jotting down the number of days you need for each actor in your film budget template. How much are you going to pay your actors? Most act...
The Above-the-line crew is the essential members of your crew that you will need to hire before pre-production can begin. Film crew might be members of unions, they might also have agents or their own daily working rates. If you are low-budget check out our article - What to do if you can’t afford to pay your crew? Screenwriter - Firstly you need t...
After hiring your key crew members you can begin to find the rest of your team. Your director and DOP might also have recommendations on who to hire at this stage. Whilst hiring your crew consider if additional prep time is needed for each role during pre-production. The size of your budget will determine how big a crew you can afford to have. Also...
Now you have a basic layout of how many days you will be shooting, how many actors will be needed, and what crew you are going to hire. There are also some extra costs that might arise during pre-production. These will depend on your budget and scale of your production. For example, a low-budget film can hold it’s production department in a crew me...
The bulk of your budget (unless you are shooting a CGI-heavy film), will go towards the production costs. The most expensive costs are likely going to be your cast and crew wages. Your crew will be able to help guide you on what they will need to be hired and sourced. This following section will go through some of the key areas you need to be think...
As mentioned production is likely to be the most expensive phase of filmmaking. During post-production the costs will vary depending on genre and if any computer effects are needed. Ideally, you will want to hire your editor in advance even during the pre-production stage. On many sets, the editor or assistant editor will be cutting footage alongsi...
Typically, the distribution costs of a film are not included in the budget breakdown. However, if you are an independent filmmaker you don’t want to get caught out later on in the filmmaking process. Having a distribution plan before making your film is ideal, perhaps surprisingly the costs of making a film don’t end once the film has been complete...
Nov 21, 2023 · In this article, I'll explain the basics of budgeting, what a film budget entails, and some simple tips that you can follow to get your budget started. Why do you need a budget for your film? The budget is one of the foundational documents of any production, alongside the script and the shooting schedule.
Oct 17, 2023 · To calculate a film budget, you need to estimate the cost of all major expenses, including cast and crew salaries, equipment rentals, and location fees. This is usually performed with the help of specialized film budgeting software or a film budget template such as an Excel spreadsheet.
Nov 11, 2024 · Location Scouting and Permits📍. Location costs can make or break an independent film's budget. A single filming day costs between USD 1,000 and USD 2,000 just for permits. Your total budget should set aside 15-20% for location expenses such as: Permit application fees. Location rental costs. Insurance requirements.
Sep 28, 2022 · In short, a film budget is a financial plan that details the projected costs of making a movie. A film budget includes expenses like cast & crew, equipment, locations, and post-production.
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Overall, a film budget is the only way to map out your film’s financial needs, show financiers you know what you’re doing, stay grounded financially during production and evaluate the total cost and value of the film when all is said and done.
