Search results
- Determine your company's niche. What type of content do you plan to specialize in creating? Maybe you want to produce low-budget horror features, or maybe your focus is sci-fi genre projects or artistic independent films.
- Choose a company name. Choose a name that embodies your company's identity, is memorable, and is meaningful to you. Once you have the perfect name chosen, make sure it's not already taken, and then apply for a trademark.
- Draft a business plan. A solid business plan is the key to a financially sound and functioning production company. Start small and employ a business model that lets you gradually build from a small business entity to a larger one.
- Hire an attorney. The steps necessary to start a production company are complex, so you'll want a small business lawyer or an entertainment lawyer who specializes in production services to give you legal advice throughout the process.
- How to Start Your Production Company’S Bookkeeping
- How to Start A Production Company Website
- How to Create A Production Company Portfolio
8. Set up your bookkeeping
Entertainment payroll, production insurance, and other expenses can get complicated and unorganized very fast. Consulting a CPA and setting up your bookkeeping right away will also help you avoid costly problems in the future as well as any legal ramifications for overlooked processes. This step will pay off when it's time to file your taxes, apply for a loan, or pay your employees.
9. Establish an Online Presence
Whether your production company produces independent films or commercial work, having an online presence is incredibly important. A website will enable you to showcase your work and allow clients or audiences to find you. In this day and age, it is a great idea to develop a social media presence as well. Instagram, Facebook, and YouTube are all places where trailers, commercials, and other video work can live and be discovered by clients or potential Hollywood players.
10. Produce proof of concept projects
Once you create a website and online presence, you will need to produce work that lives there. This gallery of work will obviously grow as you take on more client work, but initially you may have to shoot some proof of concept ideas that will help clients get a better idea of what your production company is capable of creating. StudioBinder's web series, Making It, followed the entire proof of concept process from the script to the first day of shooting. Here's the first episode on how it all...
People also ask
How to start a production company?
How to start a video production company?
How much does it cost to start a production company?
How do you start a TV production company?
Feb 11, 2024 · Calculate how much you need to start. On average, the initial capital needed to open a production company can vary significantly, ranging from $50,000 to $200,000 for a small-scale operation to $500,000 to over $1,000,000 for a more comprehensive setup with high-quality equipment and a prime location.
Run the numbers. Choose your suppliers wisely. Diversify your sources of income. Build a crew. Build a portfolio. Build your brand online. Wrap up. As you already know, Artlist offers high-quality music and sound effects for filmmakers. The platform recently added a new plan – Artlist Teams – that targets production companies with more than ...
- Artlist
Feb 16, 2023 · 2. Create a business plan. Write a business plan for your video production company that includes your immediate and long-term goals, how you plan to achieve them and when. Summarize how you plan to make a profit. This document should also include expected expenses, such as: Startup costs. Rental space. Equipment.
May 28, 2021 · 5 Tips to Starting a Video or Photo Production Company From Scratch. Watch on. And no matter the type of production services you hope to offer, the process is similar. Brainstorming the vision for your future production company is both necessary and (can be) fairly enjoyable. So let’s start there.
Step 2: Work out the fixed costs for the five days. Simply divide your fixed costs for the month by the number of days your business operates, and then multiply the result by the number of days needed to complete the production. Rent: $2,000. Software licenses: $1,000.
