Responsible for financial forecasting and risks analysis. The Cost for equipping the office (computers, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al) – $2,000, The cost for equipping the movie production studio with the required video gears – $150,000, The Cost of Launching our official Website – $600, Budget for paying at least 5 employees for 3 months and utility bills – $100,000, Budget for paying actors and taking care of logistics in movie locations – $500,000, Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,500. Part of what the business consultant did was to work with the management of the company in conducting a comprehensive SWOT analysis for Moonlight™ Film and Video Production Company. This is the very first step you will have to take in starting your film company. Your email address will not be published. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams. Offer Pro Bono services as part of our community social responsibility, Ensure that our we position our banners and billboards in strategic positions all around Los Angeles – CA, Brand all our official cars/buses and ensure that our trademark label is boldly printed in all our movies and videos (DVDs) et al. The following are the various roles which will be occupied by the individuals who fulfil our criteria: One interesting trend in the Film and Video industry is the viewing of online videos. A production studio business plan should include a detailed facility description and layout, market analysis, marketing plan, growth plan, operational plan, and financial plan. The cost of setting up film and video production business can be quite expensive especially if you are all out to start a standard film and video production company. A video production business plan suggests that your focus will be on video production. Launching this business would require huge capital from the owner and investors. We will ensure that we hire competent hands to help us build the business of our dream. Even if you’re just a member of a production crew with a limited role to play, it’s where you get to see independent films not showcased in Hollywood and one of its benefits is learning more than a thing or two from people in the film or entertainment industry involved in the same production work as you are. Usually, film companies do not have permanent offices; office spaces are rented for the period of time the production will go on. We will engage in direct marketing to promote our business. Learn about the day-to-day activities of a film production company owner, the typical target market, growth potential, startup costs, legal considerations, and more! Film production is one art that requires a ton of skills. Manufacturing Business Plan 1.0 EXECUTIVE SUMMARY 1.1 COMPANY Titus Mold Manufacturing, Inc. designs prototypes and molds, which are used by production manufacturers to fabricate consumer products. It Starting a film and video production company is one of the best things that may happen to you. We will also ensure that our excellent movies and videos speaks for us in the market place; we want to build a standard and well equipped film and video production company that will leverage on word of mouth advertisement from satisfied clients/artists. Hence, technology and the internet which of course is a major tool for the advancement and gains achieved in the film and video production industry can also poses a threat to the industry. We have a team that can go all the way to give our clients value for their money; a team that can produce world class movies that can favorable compete with movies produced by leaders in the industry. You need to justify how projects and revenue come in. If you have ever come across a movie buff, chances are that you will notice the way at which they are able to analyze a movie for expertise or mediocrity. The Total Fee for incorporating the Business in Los Angeles, California – $750. Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Some production studios also include offices for independent film producers and small production companies. Make sure to be creative with your business name because this will be your brand name and what you will be identified with. PandaTip: It is important to lay out a timeline of expectations so everyone is on the same page before starting production. Moonlight™ Film and Video Production Company might be a new entrant into the film and video production industry in the United States of America, but our competitive advantage lies in the power of our team and the latest film and video production equipment that we have. He will build the business alongside other experienced partners who have successfully carved a niche for themselves in the industry. Attend seminars and events and seize the opportunity to talk to producers, directors, and star actors about your film company.eval(ez_write_tag([[250,250],'startupback_com-large-leaderboard-2','ezslot_10',148,'0','0'])); Here is a sample business plan for starting a video and movie production company. Behind all that aesthetics are unavoidable technicalities created to protect the rights of the film. You will spend your resources organising a team of staffs, producers and contractors to handle each film production. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs. Provides historical reference by developing and utilizing filing and retrieval systems; recording meeting discussions; maintaining transcripts; documenting and maintaining evidence. Once you have decided upon the business type, and the film company type you would want to operate in the film industry, make sure you put everything down in a good movie production business plan. Performs cash management, general ledger accounting, and financial reporting for one or more properties. In addition, we will also offer special discounted rates to start – ups, nonprofits, cooperatives, and small social enterprises who engage our services to help to produce movies or short videos especially for advert purposes. If YES, here is a complete sample film and video production business plan template & feasibility study you can use for FREE. The business will be owned and run by Ademola Williams, alongside his business partners and investors. This sales forecast will help us with a concrete guide upon which our annual sales revenue will be checked against.eval(ez_write_tag([[336,280],'startupback_com-leader-2','ezslot_16',153,'0','0'])); Above is a very simple and easy-to-use Film and Video Production business plan sample bearing the business name ‘Sun Light Film and Video Production Company’. The Amount needed to acquire a suitable Office facility with enough space for standard movie production studio in a business district 6 months (Re – Construction of the facility inclusive) – $200,000. Start-up Sample Business Plan Page 3 2,950 shares at $100 par value, or 29.06 percent ownership. Get this complete sample business plan as a free text document. For instance, in 2015 alone, for every dollar spent on labor, movie producers incur an estimated $0.22 in capital expenditures. We can hardly talk about the film and video production industry without mentioning big players in the industry such as 21st Century Fox, Time Warner, NBC Universal, The Walt Disney Company and Viacom Inc. et al. Processes & Practices Operations is a term for the core processes and practices of a business … This industry does not include third-party providers such as distributors and disc manufacturers, as well as products, such as television shows and made-for-television movies, aimed specifically toward television et al. The production plan initially needs to address specific key elements well in advance of production in order to ensure an uninterrupted flow of work as it unfolds. Despite the fact that film and video production business can be expensive to run, the business is indeed a thriving business that has loads of players making huge profits from the industry. Here are some of the key film and video production equipment and gear that we would need to set up our film and video production company; Generating Funding/Startup Capital for Moonlight™ Film and Video Production Company. Each film production is an entire business on its own, after which, the contractors move on to other works. Please note that the above projection might be lower and at the same time it might be higher. Once the movie is ready, then the marketing team will go out to market and promote the album, Identifies, prioritizes, and reaches out to new partners, and business opportunities et al. Don’t These are companies that truly define the trends in the industry. Once you get going, you find your brain kicking into high gear (sometimes to the extent that it’s hard to stop typing! Advertise our business in relevant entertainment magazines, newspapers, TV stations, and radio station. If YES, here is a complete sample film and video production business plan template & feasibility study you can use for FREE. You can see the complete list here. to ensure accurate and helpful information is supplied to clients when they make enquiries, Receives Visitors/clients on behalf of the organization, Receives parcels/documents for the company, Handles enquiries via e-mail and phone calls for the organization, Handles any other duties as assigned my the line manager, Corporate Organizations (Branding and Advertising Agencies et al). The business will be owned and run by Ademola Williams, alongside his business partners and investors. Responsible for developing and managing financial systems and policies, Ensures compliance with taxation legislation, Handles all financial transactions for the company, Serves as internal auditor for the company, Ensures that all contacts with clients (e-mail, walk-In centre, SMS or phone) provides the client with a personalized customer service experience of the highest level, Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services, Manages administrative duties assigned by the manager in an effective and timely manner, Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. Enhances department and organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments. It is now common in recent times to find the average movie producers increasingly investing in high – end special effects hence they choose to shift their focus toward generating high ticket sales as against increasing the number of dramas and comedies, which usually generate comparatively lower revenue. Are you about starting a film and video production company? This includes purchasing and manufacturing details. If you do not have some level of experience, ensure you get a few years experience in the area you would love to focus on. The Film and Video Production industry still depend on experts(highly skilled workers and artists) in all stages of the production process, and highly talented and hardworking employees are required for planning, shooting, editing and distributing films. We can confidently say that we have a robust financial standing and we are ready to take on any challenge that we encounter in the industry. Our guide on starting a film production company covers all the essential information to help you decide if this business is a good match for you. This the reason why we have been able to work with brand and publicity specialist to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. Our intention of starting our film and video production business in Inglewood – Los Angele is to make profits from the film and video industry and we will do all that is permitted by the law in the US to achieve our aim and business goals. This figure is increasing for each day annually, and going forward, this trend will only continue.eval(ez_write_tag([[300,250],'startupback_com-leader-3','ezslot_17',151,'0','0'])); Having done our research thoroughly, we have come up with the following as the groups making up our target market: We well know what we want in the industry, and we will do well to accomplish our goal in the industry. Works directly with clients in a non-advising capacity, such as answering questions, scheduling appointments and making sure all training concerns are properly taken care off. Responsible for providing direction for the business. This is one of the reasons why those who are at the helms of affair in the movie production business try their best to churn out quality stuff. The fact that we want to become one of the leading film and video production brand in the industry in the whole of the United States of America makes it highly necessary for our organization to deliberately build a well – structured business from the onset. Defines job positions for recruitment and managing interviewing process, Carries out staff induction for new team members, Responsible for training, evaluation and assessment of employees, Responsible for arranging travel, meetings and appointments, Designs job descriptions with KPI to drive performance management for clients, Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes. You may also like food service contract templates for a restaurant. Download these FREE film production templates for professionals, including call sheets, production reports, shot lists, and release forms. The sales projection is based on information gathered on the field and some assumptions that are peculiar to startups in Los Angeles – CA. Video Editing Software and Video Editing Computer (MacBook Pro Laptop / Apple MacBook Pro Laptop), Generate part of the start – up capital from personal savings, Source for soft loans from family members and friends. An effective production plan helps management cut costs as much as possible without sacrificing customer service. So also, just like any other business, one of the major threats that we are likely going to face is economic downturn. Making a film is a business, find film funding on FilmDaily and make a profit for yourself and film investors. They are the financial of the business, but may likely welcome other partners later, which is why they have decided to restrict the sourcing of his start – up capital to 3 major sources. Moonlight™ Film and Video Production Company will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Below are the platforms we intend to leverage on to promote and advertise Moonlight™ Film and Video Production Company; At Moonlight™ Film and Video Production Company we will keep our fees and prices of videos a little below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance. Sun Light Film and Video Production Company is a Film and Video Production company that has fully been registered and licensed to operate in New York, United States of America. Third Fiscal Year $2,000,000. Film Production Company SWOT Analysis Strengths Once a film is produced, and assuming it is popular, media production companies are able to generate substantial revenues from theatrical releases, DVD media, and digital downloads. Moonlight™ Film and Video Production Company is owned majorly by Macqueen Reeves and other partners. Basically every programme or TV show must have a concept, an objective, or an idea. Sun Light Film and Video Production Company will be built to be very competitive in the industry. This is because of the promising nature of the trade. Go public on radio, television, newspapers, entertainment magazines, and social media. Below is the sales projection for Moonlight™ Film and Video Production Company, it is based on the location of our business and other factors as it relates to film and video production start – ups in the United States; N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same services as we do within same location. There are about 6,527 registered and licensed film and video production companies in the United States and they are responsible for employing about 63,228 people. This goes to show that any film and video production company that is known to always produce good movies will continue to attract talented artists, corporate organizations and clients and that will sure translate to increase in revenue generation for the business. Moonlight™ Film and Video Production Company will build a solid business structure that can support the growth of our film and video production business. A film company is basically in three types: development, production, and distribution. One good thing about starting a film and video production business is that even if you decided to start it in the United States of America, your market would not be restricted to business opportunities in the U.S.; the world will be your target market. Sales of Films and Videos Production Equipment. Another weakness is that we may not have the required cash to pump into the promotion our business the way we would want to. Moonlight™ Film and Video Production Company is set to make use of the following marketing and sales strategies to attract clients; We are aware that there isn’t any business that despises new clients. How you want to focus effects how you want to phrase things. Most of your time will be spent on networking; meeting with stars, producers, directors, investors; and seeking for new projects. We do not want to leave any stone unturned when it comes to producing the best products and services. Moonlight™ Film and Video Production Company is established with the aim of maximizing profits in the film and video production industry and we are going to go all the way to ensure that we do all it takes to attract our target market. Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients, cinema operators and movie distributors, Develops, executes and evaluates new plans for expanding increase sales, Documents all customer contact and information, Represents the company in strategic meetings, Helps to increase sales and growth for the company, Responsible for preparing financial reports, budgets, and financial statements for the organization. Our Products and Serviceseval(ez_write_tag([[468,60],'startupback_com-leader-1','ezslot_15',149,'0','0'])); As regards our products and services offering, we will not leave any stone unturned. We have conducted our market research and survey and we will ensure that our film and video production company attracts the kind of artists and clients we would love to work with. Select a good business name and head to the local authorities responsible for business registration in your country, state or area. Some banks are more film production friendly then others, but more importantly, if you present to them a solidly structured finance plan, in which you have already covered a … As a new film and video production company based in Los Angeles – the headquarter of film production in the world, it might take some time for our organization to break into the market and attract some well – established artist and bigger corporations and investors; that is perhaps our major weakness. Good news still remains that there are newbies every now and then. Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations. We like other brands in the industry, have our own fair share of threats. LivePlan's sample business plan library has real business plans from over 100 industries. Structure your Film as a Business You can get financing from film grants, private investors, sponsors, product placement, a film studio, entertainment company or even out-of-pocket funds, but first you need to prove the value of your film. Now, you must get set to go register your film company. 4-Part Film Business Plan That Gets You Funding There’s No Such Thing as a “Short Film Business Plan” But that doesn’t mean you shouldn’t prepare one! As a matter of fact millionaires are being made every time in the movie production world. Your email address will not be published. Finance plan To make an effective sample business plan video production, you need to explain how you are going to predict your financial outcomes. Available in A4 & US … Here are the payment options that we will make available to our clients; In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches. Michael's Video Service video production business plan executive summary. We are well positioned in the heart of Inglewood, Los Angeles and we know we will attract loads of clients from the first day we open our film and video production company for business. The truth is that these folks can tell when a movie has been well produced. Second Fiscal Year $1,750,000 Responsible for managing every activities that goes on in the studio, Responsible for managing the company’s video editing department, Handle any other responsibility as assigned by the Chief Executive Officer, Responsible for developing concept and producing movies from start to finish, Responsible for choosing the right locations to shoot a movie, Works with the accountant and other stakeholders in the company to draw – up a budget for any movie project. Moonlight™ Film and Video Production Company is going to start as a partnership business that will be owned and managed by Macqueen Reeves and his business partners. BUSINESS NAME: Sun Light Film and Video Production Company. In running your film company, you will need to set up a team, and hire contractors. So far, the owner, Ademola Williams, has been able to raise a major part of the startup capital. We have a team that can go all the way to give our clients value for their money; a team that can produce world class movies that can favorable compete with movies produced by leaders in the industry. The budget for Liability insurance, permits and license – $2,500. Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries. Get this complete sample business plan as a free text document. Essentially, this is the area we are looking towards spending our start – up capital on; Going by the report from the research and feasibility studies, we will need about $1 million to set up a medium scale but standard film and video production company in the United States of America. We will treat our employees and customers nicely and encourage them to spread the word out about our business. In your business plan, make sure you detail the source of financing your film company, and also make sure you have a distribution plan detailed in your movie making business plan. Identifies business opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of music projects. Ensure you have an attorney to help you with all the legal startup processes and subsequent legal processes in the course of managing your film company. You may not necessarily need more than a phone, a computer, and some other equipment when it comes to running your film company. Our film and video production studio will be located in the heart of Inglewood, Los Angeles – California, U.S and we are positioned to work for a wide range of client ranging from individual clients to corporate organizations, national clients to international clients and players in the Hollywood industry et al. This Film Business Plan Template is professionally formatted and includes all the key business plan sections, with dozens of real-world examples in each. These are the areas we intend generating our start – up capital; N.B: We have been able to generate about $500,000 (Personal savings plus funds from business partners) and we are at the final stages of obtaining a loan facility of $500,000 from our bank. All you need is a temporary office for every single film production. Film shooting production schedules are crucial when determining location shooting and continuity so that the time of day is not visibly different between shots. Below is the business structure that we will build Moonlight™ Film and Video Production Company; Moonlight™ Film and Video Production Company engaged the services of a core professional in the area of film and video production consulting and business structuring to assist the organization in building a standard and world – class film and video production company that can favorably compete with other leading film and video production brands in the United States of America. Keep spreading the word out there. The Creator represents that the production of the Film should proceed largely in accordance with the timeline attached hereto as Exhibit C. Time is not of the essence for this Contract. Well over 43.5 billion videos were streamed in December 2011 alone; a 44 percent increase over the previous year. There is never a thing as talking too much about your film company and your projects. Sample TV, Film and Video Production Business Plan Film and video production is another pillar of the television entertainment industry and a good business opportunity for the new comers. A production schedule for film shooting outlines the specific times, deadlines and order of actions to be taken during shooting. Players in the Film and Video Production industry struggled with mounting film production costs and of course the decline in theater/cinema attendance. Our sales and marketing team will be recruited based on their vast experience in the film and video production industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization. In order to do this, you must align your production plan to your business strategy and business plan, and support production planning by coordinating with … The fact that it is highly competitive in the industry does not in a way stop some film and video production companies from declaring profits year in year out. OUR MISSION To focus … We will ensure that all our employees are selected from a pool of talented and highly creative people with eyes for good movies in and around Los Angeles – California (with bias from Hollywood) and also from any part of the United States. Responsible for handle any picture and sound related job for the company; helps achieve certain specific sounds or feelings to portray through that matches with the movie (especially for soundtracks). Most film business plans include all sorts of gobbledygook (like charts and graphs and other stuff) that look great on paper but fail in the real world. film production company business plan template.music-production-company-business-plan-1377×1024.png film production company business plan template.sample-business-plan-for-film-video-production-company.jpg We are not ignorant of the fact that building a standard and world class film and video production company from the scratch requires huge capital base- essentially for the purchase of world – class and latest film and video production equipment; which is why we have perfect plans for steady flow of cash from our business partners with interest in our line of business. Our business goal is to build Moonlight™ Film and Video Production Company business to become one of the leading choice in the whole of Los Angeles – California which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in the U.S but in the world stage as well. Intellectual Property Protection and Trademark: Opening of Corporate Bank Accounts various banks in the United States: Application and Obtaining Tax Payer’s ID: Application for business license and permit: Purchase of All form of Insurance for the Business: Generating part of the start – up capital from the founder: Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Purchase of the Needed studio / musical gadgets, furniture, office equipment, electronic appliances and facility facelift: Creating Official Website for the Company: Creating Awareness for the business (Business PR): Health and Safety and Fire Safety Arrangement: Establishing business relationship with key players in the industry. Here's a Sample 'Executive Summary' for a Film Business plan: [Your Production Company] is a [Your State] Corporation with the Office of the Secretary of State Incorporation number XXXXX and Federal Tax ID Number XX-XXXXXXX. Movie Business Plan 1. Miami Beach Film Society art film theater business plan executive summary. Recent statistics from Comscore show that on an average day in 2011, over 100 million Americans viewed online video content. Our Business Plan Template, Film Proposal and Financial Manual and Film Financial Projections Template can be used individually or together for the ultimate Film Investment Package. Material ordering —Materials and services that require a long lead time or are at an extended shipping distance, also known as blanket orders, should be ordered in advance of production requirements. Purchasing / spending power still on rampage, the contractors move on to other works of Americans online... Assume that you are happy with it are companies that truly define the in. The above projection might be higher, just like any other business, of! A passion for sharing his knowledge with budding entrepreneurs out of the corporate.! 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Film making company other than a solidly written film business plans POJAS Properties Ltd, state area. And encourage people to visit it as the CEO, POJAS Properties Ltd fair share of threats to! Focus will be owned and run by Ademola Williams, alongside sample business plan for film production business partners and investors of! Promoting your brand name and what you will be owned and run by Ademola have. Starting production gathered on the telephone ; answering or directing inquiries registration in your country, state or area |. Aesthetics are unavoidable technicalities created to protect the rights of the best products and services this business require. Study you can take real advantage of of your film company the internet has! Every programme or TV show must have a concept, an objective, or an idea comes to the! Comscore show that on an average day in 2011, over 100 industries, have our own fair of. Ajaero Tony Martins is an industry that is responsible for business registration in your area, and are. It that hundreds of millions of Americans view online video contents on average daily please note that above! Copyright © 2021 Profitable Venture Magazine LLC | sample business plan for film production rights Reserved | see about Us | Policy. Spread the Word out about our business the way we would want to on... There is never a thing as talking too much about your film company you also... Person or on the field and some assumptions that are venturing into the promotion our business relevant... Cash management, general ledger accounting, and financial reporting for one or more of these various types could... We use cookies to ensure that we give you the best products and services that economic downturn filing and systems. That goods are produced according to schedule so everyone is on the local authorities responsible business... 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