The Total Fee for incorporating the Business in Los Angeles, California – $750. In this article, I would love to share with you a number of steps you must have to take in starting your film company. Business Structureeval(ez_write_tag([[250,250],'startupback_com-large-mobile-banner-1','ezslot_11',150,'0','0'])); To a great extent, how successful a business would be largely depends on the business structure of the business and also on the quality possessed by the individuals occupying the various roles in the organization. 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. 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. 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! 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 … 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 Miami Beach Film Society art film theater business plan executive summary. Available in A4 & US … 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. 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. 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. 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. A production plan is a plan to ensure that goods are produced according to schedule. In other to cut cost especially when starting out, movie producers often rent shooting equipment for a fraction of its cost, which has helped limit the massive capital expenditures that would otherwise be necessary to produce major films. 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. First Fiscal Year $1,000,000 Good news still remains that there are newbies every now and then. 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. Have a handy business card and make sure to give it out always, whenever and wherever you meet people. The term “Business Plan” comes out of the corporate world. This will help you see areas in the industry where you can take real advantage of. 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. This amount covers all of our initial expenses including cost of equipment and salary of employees for the first three months. These are companies that truly define the trends in the industry. Each film production is an entire business on its own, after which, the contractors move on to other works. Our business offering are listed below; The success of any business is to a larger extent dependent on the business structure of the organization and the people who occupy the available role. Many thanks to the internet that has made the world a global village. The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. Responsible for financial forecasting and risks analysis. Are you about starting a film and video production company? 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. So far, Ademola Williams have been able to raise $600,000 from his investment and the sales of some of his assets. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited. 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. FREE 8 Week Film Financing, Film Investors and Business Plan E-Courrse 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. You will also have to secure good and functioning equipment for your film production. Second Fiscal Year $1,750,000 As a matter of fact millionaires are being made every time in the movie production world. Lenses: Wide Angle, Clear “Protective” Lens, Polarizer, Zoom Lens, Macros, etc. You may also like food service contract templates for a restaurant. Another weakness is that we may not have the required cash to pump into the promotion our business the way we would want to. The operations component of the plan would include procurement, manufacturing and logistics strategies that enable the firm to boost production to support revenue growth. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop. Usually, film companies do not have permanent offices; office spaces are rented for the period of time the production will go on. Macqueen Reeves is a certified and licensed film producer, he graduated from New York Film Academy and he has well over 15 years hand on experience in the film and video production industry working for leading film and video producing companies in Hollywood prior to starting his own film and video production company. Our vision in the Film and Production industry is to become the number one Film and Video Production Company in all of New York, and to be rated as among the top 10 Film and Video Production Companies in the whole of the United States of America. Most of your time will be spent on networking; meeting with stars, producers, directors, investors; and seeking for new projects. Sample Business Plan for Acme Management Technology 1.0 Executive Summary By focusing on its strengths, its key customers, and the company's underlying core values, Acme Management Technology will increase sales to more than $10 million in three years, while also improving the gross margin on sales and cash management and working capital. If you continue to use this site we will assume that you are happy with it. Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities. Pay special attention to the things they are doing well and the things they not doing well. It is a fact that economic downturn affects purchasing / spending power. Recent statistics from Comscore show that on an average day in 2011, over 100 million Americans viewed online video content. Movie Business Plan 1. 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’. 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. 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. The business will be owned and run by Ademola Williams, alongside his business partners and investors. 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. 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. Managing a film company will require finance. A video production business plan suggests that your focus will be on video production. Most film companies operate as a Limited Liability Company (LLC); you may also want to adopt this business type. 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. Keep spreading the word out there. Even if you can't find an exact match to your business, that's OK. You don't need an exact match for a Statistics has it that the Film and Video Production industry in the United States of America, is worth $34bn, with an estimated growth rate of 0.7 percent. Required fields are marked *. Movie production is more than just a form of art. In the last five years, capital intensity has remained fairly constant. 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. 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). At Moonlight™ Film and Video Production Company, our payment policy will be all inclusive because we are quite aware that different people prefer different payment options as it suits them. Moonlight™ Film and Video Production Company will generate income by offering the following services and products; One thing is certain when it comes to movies and documentaries; they never dies and the demand for good movies and documentaries will continue to grow. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner. 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. 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. Online video is one major trend in the film and video production industry. Aside from the money required to purchase the latest film recording and production equipment, you would also need a huge cash base to be able to attract and pay well established film actors to act in your movies. Over and above, our target market as a film and video production company cuts across people of different class and people from all walks of life and corporate organizations. 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. Instantly Download Feature Film business Plan Template, Sample & Example in Microsoft Word (DOC), Google Docs, Apple Pages Format. Our Business Plan allows you to present your film business case using only the VERY BEST of the best information accumulated by film investors and filmmakers over 18 years in the film industry. Most film companies require the services of the following 4 key employees: head of development, head of production, head of post-production, and head of film sales and distribution.eval(ez_write_tag([[300,250],'startupback_com-banner-1','ezslot_5',147,'0','0'])); In operating your film company, you will not necessarily require a permanent office space for doing your production. A production studio business plan should include a detailed facility description and layout, market analysis, marketing plan, growth plan, operational plan, and financial plan. It 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. Advertise our business in relevant entertainment magazines, newspapers, TV stations, and radio station. This Film Business Plan Template is professionally formatted and includes all the key business plan sections, with dozens of real-world examples in each. It will be very helpful if you have some sort of experience in the film industry. 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. 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. Ensures operation of film shooting and studio equipment by completing preventive maintenance requirements; calling for repairs. 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. Most filmmakers secure funds for their film company through advances from credit card cash; others secure finance from family, friends, and associates.eval(ez_write_tag([[250,250],'startupback_com-box-4','ezslot_6',146,'0','0'])); If you will be thinking in the line of securing finance from prospective investors, and the bank; then you must be prepared to write a very good business plan for your film company, partnered with good experience in the industry. First and foremost, you must carry out a very detailed research on the film industry and decide upon which area you will want to put your talents into use to best see results. Starting a film and video production company is one of the best things that may happen to you. 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. Also, we will make sure to place adverts of our Film and Video Production business on relevant magazines, newspapers, radio and TV stations, et al. 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. Responsible for providing direction for the business. We are well positioned to take on the available market in Los Angeles California and beyond and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base beyond Los Angeles – California to other cities in the U.S. and even the global market. Get this complete sample business plan as a free text document. In running your film company, you will need to set up a team, and hire contractors. Moonlight™ Film and Video Production Company is a one stop and standard film and video production company that is fully equipped with the latest technology in the film and video production industry. Enhances department and organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments. These days different TV channels have launched their private drama channels as well as making their films thus increasing chances of business. Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations. All you need is a temporary office for every single film production. Another known trend in the film and video production industry is that most film and video production companies are trying as much as possible to recreate themselves on a regular basis and also to be on top of their game. Though for some underdeveloped countries where piracy is still on rampage, the growth is a bit redundant. Facilitates and coordinates strategic sessions. We will treat our employees and customers nicely and encourage them to spread the word out about our business. The sales projection is based on information gathered on the field and some assumptions that are peculiar to startups in Los Angeles – CA. A big part of the success of your film company will result from networking and promoting your brand. We know that one of the ways of gaining approval and winning customers over is to ensure that every movie that we produce is a hit back to back and it appeals to the needs of the society we intend selling the movies. Provides historical reference by developing and utilizing filing and retrieval systems; recording meeting discussions; maintaining transcripts; documenting and maintaining evidence. 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 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. An effective production plan helps management cut costs as much as possible without sacrificing customer service. Our vision is to build a standard and world – class film and video production business that can favorably compete with leaders in the industry. This represents growth of 43 percent over the previous year. 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. Sun Light Film and Video Production Company will be a business that will be occupied by very qualified, honest, and competent individuals. In the light of this, we will make sure to recruit our sales and marketing team based on qualification and experience. 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. 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. Nothing will guarantee you more success in running your film making company other than a solidly written film business plan. We will ensure that we hire competent hands to help us build the business of our dream. LivePlan's sample business plan library has real business plans from over 100 industries. Performs cash management, general ledger accounting, and financial reporting for one or more properties. 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