– Obtaining and gaining permission for locations can be expensive. Hair and Make-up – Depending on your genre you might have a large budget towards make-up. Not to mention that the schedule of a film with a budget will look a lot different from that of a DIY venture. Major Hollywood films typically shoot about one page per day. They also tend to have higher wages than the rest of the crew and need to be hired during early pre-production. The expectations of your film will help determine what type of budget you are looking for. If you are low-budget, you can still ask producers with experience on shooting with budget restrictions for advice. If anything, the script breakdown example above shows how different productions use the same elements, but weigh them accordingly. In order to estimate your film's budget, you need to decide how many days you aim to be in production. If your script totals 150 background actor days on your script breakdown and your background actors are paid $100/day, multiply 150 by $100 for a line-item total of $15,000. VFX, Budget your VFX and then you won’t have a movie you can’t budget! Your crew will be able to help guide you on what they will need to be hired and sourced. Cast Members are one of the first elements you categorize on your script breakdown template. Lena Dunham’s breakout film Tiny Furniture (2010) had a budget of $50,000, while Tangerine, the 2015 Sundance hit, had a budget of $100,000. On top of that 12 hours you budget for, factor in about 10% contingency in case you go over that. A film’s budget plays a dominant role throughout the film’s life cycle—with implications going far beyond the mere cost of the film. ... with a budget of 1 million euros. As such, they can receive up to 5% of the production budget. You may also need to hire out an office space for your post-production team. We know many of you are great at the creative side of filmmaking, but might have questions on how to best finance movies efficiently. Then there is self-distribution, you may wish to organize your own cinema screenings or DVD sales. And how much time are you willing to spend acquiring that funding? SWIT's New Pocket Battery is Light Enough for Drones and Gimbals, Yet Still Packs Punch, How Quarantine Actually Helped Us Get a Theatrical Release, How to Nail Your Festival Premiere in the Time of COVID, You're Going to Have to Pay More to Watch 'The Office' Past Season 2, 100 different ways to get your film funded. They can be entirely self-funded, crowd funded, or backed by investors. Consider each scene in your film and how much money you be dedicating to set design. The Finance Plan of a Film — A Breakdown. On larger film sets all expenses will be covered, on low-budgets, you will need to discuss fuel expenses with crew before production. You also now have an estimate of how many days of filming you need for each actor. For … Dialogue is typically easy to shoot. 5600PRODUCTION FILM & LAB 1,150 5610Field Drives - LaCie Rugged Drives 42 TB Drives 250 1,000 (Assume max 4 hrs/~64 GB per day, 140 hrs total, need 2.5 TB total, x2 for mirror) 5620Tape Stock 0 tapes 0 0 5690Miscellaneous 1 allow 150 150 Note that the camera package is budgeted at 50% of the purchase because either (1) it will be rented from a crew Film crew members might have their own daily working rates and guidelines can be found on union websites. Here are some articles pointing out some of the more common problems you’ll … You will need to decide how many prep days you will be paying them for and what their rate will be during post-production where they will supervise the edit. Screenwriter - Firstly you need to pay your screenwriter. First up, we collated a dataset of 107 budgets, ranging from micro-budget movies right up to Hollywood studio tentpoles, to give you a sense of how budgets change as they increase. Some questions you need to consider are - How are you hoping to fund your film? If your script totals 150 background actor days on your script breakdown template and your background actors are paid $100/day, multiply 150 by $100 for a line-item total of $15,000. Writers, producers, the director and talent are included in this category. With all that pressure, we’ve compiled a few tips on how to use your script breakdown software to transform your script breakdown sheet into a film budget. Transport and Accommodation – You will need to pay for any transport costs of cast and crew. If the sequence requires many effects or very complex blocking or movement, quadruple the page length in each scene breakdown. Also, keep in mind the larger the crew, the slower the shooting days can become. Their films and music have won numerous festival awards and have been featured by such outlets as TIME, USAToday, SPIN, Curve, Starburst, Famous Monsters, Sci-Fi, and Fangoria. If the sequence requires simple effects or moderately challenging film blocking or movement, double the page length for all estimates related to that sequence. Effects-heavy sequences are not. . Remember you can download our free film budget template to help you work through these job roles. As such, your desired outcome for your film can help determine what range of budget you need when you fill out your film budget template. In general, the more days of filming the more your film will cost however, a larger budget will attract more experienced crew and arguably the more professional your film will look. –  You will likely need to purchase several hard drives for your film. A Film Budget Breakdown (also called a Detailed Budget) is the financial blueprint for your project. – Depending on your genre you might have a large budget towards make-up. Don’t forget all SAG hires, like the stunt team and studio teacher. Short Film Budget Breakdown Films vary in length. This makes the budgeting process (and everything else!) In short, the more experienced the producer the more they will charge. Below is the $200k budget. I have arranged for free access to 230 acres and a village. Accommodation might need to be paid for several cast and crew. – You will need to pay for any transport costs of cast and crew. You will need to find camera, lighting and grip equipment. Download your FREE ​Film Budget Template below.Just enter your email address and we'll instantly send it to you! Even without your production completely planned out, it’s still possible to present a detailed and accurate film production budget estimate. Television series and independent feature films can apply for 25%, but their budget … A film budget breakdown should fit your movie like a glove. You will also need to make sure you have high-quality sound equipment. The majority of films are shot out of sequence. He’d taken a short course at the Met Film School but other than that, this was his first foray into the commercial film world. You might also like to check out our podcast episode –, To break down your script first list all of your scenes then next to them list their locations and a brief description of the action taking place in each scene. Film budgeting refers to the process by which a line producer, unit production manager, or production accountant prepares a budget for a film production. If you're on a short film budget for an indie pic, ask yourself what the most expensive elements on your film budget breakdown are. You can determine crew needs by dividing your full script length by the number of pages to be shot per day. Whether youâ re raising money for an independent film or spending a clientâ s money on a corporate video, every penny needs to be accounted for. On many sets, the editor or assistant editor will be cutting footage alongside the shoot. Some straight to television and one-off shows with a budget of at least $500,000 are also considered. Depending on the project, story rights may also need to be obtained (for example, if you are making a film based on an adaption of a book, video game, or play). All Rights Reserved. The editing process will likely take several months even for a low-budget - you will have to discuss the turn over with your editor to have a more clear idea of how long this process will take. Plan to be shooting for a few more extra days than expected, in case pickups any are needed. Just some fundamental knowledge on how to use it effectively! Here is our in-depth piece on locations and location agreements. Film Production Budget Template Best Practices. Develop a budget estimate for each effect or stunt on your script breakdown sheet. One writer may simply say, “Frederick transforms into a wolf,” while another may describe each stage of that transformation in great detail for pages. Most actors will be getting paid by the recommended union rates in their country (typically SAG in the USA). – Your director is the creative force and vision behind your film. You may also be required to pay for several rehearsal/prep days. A typical film production day is 12 hours long, for overtime you will need to pay additional wages. Do they require second unit camera teams? "This film budgeting template was made in Google Drive to make it easier to edit and share.". However, this very much depends on the film you’re working on. Budget Domestic Gross Worldwide Gross; 1: Apr 23, 2019: Avengers: Endgame: $400,000,000: $858,373,000: $2,797,800,564: 2: May 20, 2011: Pirates of the Caribbean: On Stranger Tides: $379,000,000: $241,063,875: $1,045,663,875: 3: Apr 22, 2015: Avengers: Age of Ultron: $365,000,000: $459,005,868: $1,396,099,202: 4: Dec 16, 2015: Star Wars Ep. Look for the marks on your scene breakdown for vehicles and animals. Once each character has a count from your script breakdown, use the earlier page formula. Start by jotting down the number of days you need for each actor in your film budget template. Reconnaissance and Prep – likely several key crew members will be attending recon/tech scout meetings. Daily working rates and guidelines can be entirely self-funded, crowd funded, or budget wish! In film DOP is traditionally put below-the-line, however, they can be found on union websites the of! Unless you are low-budget, you might also wish to have permission all! 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