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The Motion Picture Association of America and production companies are notoriously quiet about the exact amount spent on a movie production, the amount used for marketing, and what the returns will be. Creating a business plan for a new film requires highlighting the creative elements of the project while demonstrating the business savvy of the industry and a realistic projection of what a film can make.
Create the outline of your business plan centered around the screenplay or concept.
The business plan should contain an executive summary, company overview, film summary, industry information, marketing plan, distribution and risk factors.
You will also need to include financing requirements and a financial plan that returns investment principal and earnings to investors. Write your company overview that includes information about the producer, writer and director's experience.
Include a synopsis of the budget size, distribution and notoriety of previous projects. This section tells the reader who you are, and why you are the company to invest in, on two straightforward and concise pages of content.
Summarize the screenplay in a one-page synopsis. Investors won't want to read an entire screenplay at first glance. Provide them with a well-written summary of the key plot points. Write an overview of the film industry at present time. Use conservative numbers that reflect an understanding of both moderate theater success and DVD sales and rentals.
Establish a marketing plan based on the budget you are seeking.
A film like the "My Big Fat Greek Wedding" relied on social networking and small theatrical releases where the film, "Transformers" used massive marketing budgets with wide theatrical releases. Establish the distribution goals in a few pages.
Include any resources your team already has to obtain a theatrical or DVD distribution deal. These resources become a foundation for how you will be able to return investors' money. Summarize the financial needs of the project.
Hire an experienced film line producer to create a budget and a budget "top-sheet" summarizing what is spent on talent and actual production labor and hard costs. Line producers budget expenses and hire the labor on the movie set; producers manage all aspects of the project from inception to distribution.
Create an executive summary no more than two pages long that provides an overview of all the segments you have created in your plan. Some investors will never read beyond the executive summary, so make this sizzle with facts and numbers extrapolated from all the other sections written.Tip.
See Set Up a Budget and Plan a Fund-Raising Event.
To find out more about calling for entries, contact festival coordinators from other film festivals. personal and business finances, limits liability in the case of financial (and other) disasters, can give credibility to ones activities and can be used to regulate relations within partnerships in a corporate rather than personal capacity.
In general, HOW TO SET UP A FILM FESTIVAL. As common, the film market outside of the United States led the trend, but it was the Sundance Film Festival in Park City, Utah that paved the way for smaller festivals today, such as Slamdance, Taos Talking Pictures, Chicago Underground, and the Telluride festival.
The mandatory components of a film festival business plan include an executive summary, mission statement, strategic overview, financial plan, marketing plan and timetable.
Without these elements, your plan will have limited use to lenders, investors and other stakeholders. Netflix is officially removing itself from the Cannes Film Festival. Ted Sarandos, the streaming giant’s Chief Content Officer, confirmed the plan to .
Creating a business plan for a new film requires highlighting the creative elements of the project while demonstrating the business savvy of the industry and a realistic projection of what a film.