Independent movie investors invest because they want a return on their money. Creating a business plan will provide your prospective investor with a road map on how his or her money will be spent and hopefully recouped. In the old filmmaking model this wasn’t easy. Because distribution was once discriminatory, many first time independent feature filmmakers had to hold their breath in hopes their movies would get into a film festival, buil buzz, and (hopefully) garner a great distribution deal, complete with a cash advance. But that is an outdated model.
Without a defined market or an established sales channel, it is difficult to justify financing, which makes it very difficult to pay cast and crew – which, by the way, makes it difficult to produce a movie. And assuming you can answer these questions, the problem is still economy of scale. If you can’t reach the masses (or reach enough people willing to pay for what you’re selling), how will you ever recoup your initial movie investment?
The other day I asked members of the Filmmaking Stuff Facebook community to describe their biggest filmmaking challenge. Minutes later, it became clear that the most glaring obstacles revolved around film finance and movie distribution. This seems right. Like you, there was once a time when I had no idea on how to finance, make […]
One of the most essential steps in the filmmaking process is to create a final movie budget. Your movie budget will outline the size of your movie and dictate how each dollar will be spent. From this information, you can finalize your business plan, raise money, hire cast and crew, make a movie – and […]
So you’re trying to woo some private film investors? Maybe you are gaining traction and you feel a deal a close – yet despite the great conversations, something feels elusive – the money! As a filmmaker, know this. It does not matter how much you want to make a movie. Prospective investors do not care. […]
One of the toughest parts of getting business minded prospective investors to take you seriously is distribution. Like it or not, your film distribution strategy has a ripple effect on all other aspects of your movie production, including film finance…
Most independent filmmakers want to save money but feel too strapped to take action. This is because each month is filled with bills and other unexpected expenses. For this reason, most people put off saving until the end of the month. The problem is, by that time, there is nothing left to save. Despite the expenses of living, there are ways to save money. Here is how I was able to pay myself first.
“How do you plan to sell this movie and return my investment?” In the old model of filmmaking, traditional distribution was a lottery. So to answer that question, most filmmakers, especially first time filmmakers said something like this: “Filmmaking is risky. If we are lucky, we will get into Sundance and get a distribution deal.”