Who Needs Them and Why. Production Design – Set design is often overlooked on indies but can make all the difference on screen. They also tend to have higher wages than the rest of the crew and need to be hired during early pre-production. However, this very much depends on the film you’re working on. It is critical that the budget is in alignment with your schedule and script. "The Blair Witch Project" is famous for being shot on only $25,000. This specific template is for those extremely short films. This includes fuel if crew members make long trips back and forth during production. You can find our more detailed advice for breaking down a script here. It merely provides a standard breakdown of the various would-be expenses in the production of such short films. However, if you are an independent filmmaker you don’t want to get caught out later on in the filmmaking process. A film budget breakdown should fit your movie like a glove. – Even if your film is low-budget you will need to have permission for all music used. If you are low-budget check out our article - What to do if you can’t afford to pay your crew? Some questions you need to consider are - How are you hoping to fund your film? Congratulations. Simply list all crew and multiply their salaries by the number of production days. Seek in advance what permission you need for filming in each location. Well-known or famous actors will have a rate to be negotiated by their managers. IF YOU HAVEN'T YET, GET YOUR FILM BUDGET TEMPLATE HERE →, The Shreditor's Guide to Film and Video Pre-Production, The Ultimate Guide to Call Sheets (with FREE Call Sheet Template), How to Break Down a Script (with FREE Script Breakdown Sheet), The Only Shot List Template You Need — with Free Download, Managing Your Film Budget Cashflow & PO Log (Free Template), A Better Film Crew List Template Booking Sheet, Best Storyboard Softwares (with free Storyboard Templates). You might also like to check out our podcast episode – 100 different ways to get your film funded. There’s so much in a film budget (in the production side especially) that isn’t relevant for animated movies. A visual medium requires visual methods. Seek in advance what permission you need for filming in each location. Look for the marks on your scene breakdown for vehicles and animals. Because actors won’t likely work full days in front of the camera for every day they work, multiply this number by a correction factor of 1.5 or even 2. Even without your production completely planned out, it’s still possible to present a detailed and accurate film production budget estimate. – The producer can be the highest paid crew member, they are typically the first person to get hired and the last to leave a project. Budget: $500,000. Ideally, you will want to hire your editor in advance even during the pre-production stage. But budgeting software can be expensive and for many projects, it makes sense to use a free template like the one we're going to provide here: All you need in addition to the template? 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). You will need to reimburse make-up artists for the cost of any specialist make-up (such as fake blood). A good rule of thumb is to budget your shooting days to go at least 12 hours, no matter what, especially on independent films. 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. – Film equipment is expensive as such make sure you get the proper insurance needed to cover you if anything breaks. Try watching this video on www.youtube.com, or enable JavaScript if it is disabled in your browser. You may also need to hire out an office space for your post-production team. Film Budget Breakdown Service. So, there you have it. Production Design - depending on your shoot type you may need to book extra time during pre-production for the visuals in your film to be sourced and gathered. Consider each scene in your film and how much money you be dedicating to set design. This document, which could be over 130 pages long, is used to secure financing for and lead to pre-production and production of the film. Gaining the rights to well-known songs and music is expensive. – Depending on the scale of your production assistant editors and other post-production personnel such as visual effects editors and colorists may be needed. Writers, producers, the director and talent are included in this category. For low budgets and student films, you will be able to get away with more, especially if you have a small crew. 1st: NO-BUDGET Budget ($10,000-$40,000); a 1-week or a 4 weekend (4 months) shoot, with a 5-7 person Non-Union crew, shot in real time with 2 iPhones, a couple of apps, a better mike and a $195 lens. Paying Everybody Fairly Having a distribution plan before making your film is ideal, perhaps surprisingly the costs of making a film don’t end once the film has been completed. On low budgets, this can be done cheaply by having friends help out. We empower filmmakers to obtain financing with an accurate film budget breakdown by a professional movie & tv industry A-List Producer & DGA Line Producer. Typically screenwriters get 2% of the film's production budget, their payment will need to be negotiated before you start work on the film. On larger sets hire a professional catering service. This includes fuel if crew members make long trips back and forth during production. Determine how many pages you will be shooting each day, and create a basic shooting schedule. The cost of costume will once again depend on the genre of the film. The Above-the-line crew is the essential members of your crew that you will need to hire before pre-production can begin. Editors are paid union rates, they may also have own desired daily working rates. How would I value that? You may also need to hire out an office space for your post-production team. Music Composer/Music Rights/Sound Design – Even if your film is low-budget you will need to have permission for all music used. . Script breakdown software can give you the information you need, but at the end of the day, you still have to weigh each element accordingly to your individual production needs. Having an idea of how many production days you need will help a great deal with your film budget breakdown. That’s great, perhaps you are a producer or maybe an independent filmmaker. Count background actor days by doing a count of where they’re featured on your script breakdown sheet (template), with each strip multiplied by the number of actors. The bulk of your expenses will occur during the 'production' phase It's worth noting that many projects don't follow these proportions. The cost of costume will once again depend on the genre of the film. The budget. This brings us back to the last section, you need to decide what type of film you are hoping to make, and what type of filming experience you want to have. 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. You don’t need a full breakdown to estimate crew salaries. 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. If a particular location must be used to tell the story, a particular cast member becomes essential to the financing, or a special effect defines the story, then that element should be identified and its costs determined. Effects-heavy sequences are not. ... script breakdown and scheduling software. While a pre-production film budget is only an estimate, some investors expect production costs to match very closely to the final price. © 2020 NONETWORK, LLC. What will be the allocated budget for food each day? Accommodation might need to be paid for several cast and crew. 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. What Scripts Landed on the 2020 Black List? Complex sequences are often written in different ways. Screenwriter - Firstly you need to pay your screenwriter. How to Design Your Film's Shooting Schedule, Here's How to Produce, Prepare, and Budget Your Next Big Project [Video], Film Crew Positions And Why All Jobs on a Movie Set Matter. No matter what your budget, there is always one constant: creating a budget for your film should surely guarantee that every dollar will be spent wisely. You also will need to consider what you will pay if you shoot overtime. Develop a budget estimate for each effect or stunt on your script breakdown sheet. A typical film production day is 12 hours long, for overtime you will need to pay additional wages. –  You will likely need to purchase several hard drives for your film. Check out our list of film crew positions, and our corresponding infographic. Production Department Costs – such as hiring out an office, internet, general paper and printer costs, you will also need to ideally print out script copies and call sheets. The majority of films average about five pages, and a low-budgets can plan to shoot as many as ten. Aryan Kaganhof, who has had an extensive career shooting independent low budget films and notably SMS Sugarman (the first mobile filmed feature), elaborates: "Until South African films start to make money and we start to produce far more films on lower budgets, we do not have a sustainable industry. Here is our in-depth piece on locations and location agreements. For … You also now have an estimate of how many days of filming you need for each actor. The first step of formulating a film production budget is deciding how many pages you plan to shoot for each scheduled production day. Investors require a real film budget to finance. On larger film sets it is the line producer or unit production manager who prepares the film's budget, and to do this they may use film budgeting software such as Movie Magic. That’s great, perhaps you are a producer or maybe an independent filmmaker. Director of Photography – The DOP is traditionally put below-the-line, however, they are an integral part of the production. For each, estimate materials and personnel costs. They will do this by using software such as Movie Magic Budgeting, StudioBinder, Celtx or Gorilla Budgeting. This can be re-drafted as you get closer to production. 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. Here's a graphic breakdown of a typical independent film budget. One writer may simply say, “Frederick transforms into a wolf,” while another may describe each stage of that transformation in great detail for pages. Film crew might be members of unions, they might also have agents or their own daily working rates. This comprehensive guide and free, So, you’re planning to make a film. Dialogue is typically easy to shoot. For low-budgets, you need to have an idea of how much you can afford to pay each actor. Low and micro-budget films may shoot eight or more pages per day. During the early stages of pre-production, your budget breakdown is an estimate, you can re-draft later with the help of your crew and production staff. You can track this as early as your script breakdown (template). If using fake guns and weapons in a public space you will need to inform the local police before you shoot. On your film production budget template, record this expected number of days on set for each actor and then calculate salary. Of course, we don’t know everything and if there are any areas you wish to expand upon, or tips for budgeting you wish to share, please do so in the comments section. On larger film sets all expenses will be covered, on low-budgets, you will need to discuss fuel expenses with crew before 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. For low budgets hire locally to avoid these additional expenses. 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 The editor might work independently or as part of a company. A good budget reflects, and must serve, the fundraising process. A typical film production day is 12 hours long, for overtime you will need to pay additional wages. Even on a low-budget contemporary film, you will need a make-up artist for applying basic cover-up and for keeping the actor's continuity in check. Check your scene breakdowns for stunts and special effects, marked in your script breakdown software’s colors of choice. On larger sets hire a professional catering service. Producer – The producer can be the highest paid crew member, they are typically the first person to get hired and the last to leave a project. Also, keep in mind the larger the crew, the slower the shooting days can become. Craft your short film budget around those elements to make the most of your money. When it comes to the glitz and glamour of the movie biz, most people don’t mention film production budget planning–try saying that three times fast. On your budget template, multiply this by the day rate for background. So how can you break put from the pack and get your idea onto the small screen? Consider the following script breakdown example: "Scene 23b calls for two cast members, the crew, and an antique pistol.". Film Budget Breakdown and Best Practice Tips. The majority of films are shot out of sequence. As you can imagine, independent film budgets are somewhat harder to pin down. You mention VFX but there is no post-production budget. All the salaries are between $100 and $300 per day. – How many heads are you feeding? And If Am New In Film Industry Where Can I Get The Money For Budgeting? You will also need to make sure you have high-quality sound equipment. A horror film probably budgets more money for makeup than a family comedy does. Once you’ve broken down your script, look at each cast member's featured scenes, and bundle them together. Equipment/Insurance – Film equipment is expensive as such make sure you get the proper insurance needed to cover you if anything breaks. Gaining the rights to well-known songs and music is expensive. Start by jotting down the number of days you need for each actor in your film budget template. 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. This film shows independent filmmakers that there trials and tribulations of making a film could be a lot worse. A script breakdown sheet doesn't always account for this. – Every actor appearing in your film will need costumes bought or made for them. Our Feature’s $200,000 Film Budget Topsheet. If actor “X” is being paid $1000/day, has a total of 12 script pages on your script breakdown, and your shoot is planned for 4 pages per day, the line item for this actor would be: 12 pages / 4 pages per day = 3 days * $1000/day * 2x correction factor = $6000. much easier. Short Film Budget Breakdown Films vary in length. All Rights Reserved. I am not saying that you can’t make a hit micro-budget film. If using fake guns and weapons in a public space you will need to inform the local police before you shoot. He has written, directed, and produced three horror and sci-fi feature films in collaboration with his wife, Sophia Cacciola. For example, a musical feature will have a longer prep time for actors to learn songs and dance sequences. Tag elements like props, wardrobe, and cast. A Film Budget Breakdown (also called a Detailed Budget) is the financial blueprint for your project. They can be entirely self-funded, crowd funded, or backed by investors. Such as photography for the film's movie poster, or to shoot some interviews to be used in marketing. Master the art of visual storytelling with our FREE video series on directing and filmmaking techniques. – Depending on your genre you might have a large budget towards make-up. Film Budget Pro offers six film budget services that you can use in an all-inclusive production package or purchased individually, as needed: • Film Budget Top Sheet Service Often the first step in moving your script towards production, the Budget Top Sheet is a summary prepared by our experts after reading your script that includes all major line items from development to deliverables. You also will need to consider what you will pay if you shoot overtime. Feature films with budgets between $1 million and $75 million qualify for 20%. You might be renting, buying or hiring crew with their own equipment. – The DOP is traditionally put below-the-line, however, they are an integral part of the production. Above the line is all pretty similar and post tends to shift to mainly editorial and sound (foley vos, scratch etc). Under this contract, actors must make a SAG day rate of $630, or $2,190 per week. Director – Your director is the creative force and vision behind your film. Subscribe to receive the free PDF! This list is a list of key crew members you should consider -, Camera Department – Camera assistants, Key Grip, Grip assistants, Continuity, Lighting Department – Gaffer, Lighting assistants, Sound Department - Sound Mixer, Sound assistants, Art Department - Production Designer, Art Director, Art Department assistants, Assistant Directors – 1st AD,  2nd AD, on set Runners, Production Department – Line Producer, Production Manager, Production assistants, Makeup Department – Make-Up Artist, Makeup assistants, Costume Department – Costume Designer, Costume assistants, Additional – special effects supervisors, stunts coordinators, transport, drivers. More and more people are flocking to the small screen to find daily entertainment. 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. It's 100+ pages on what you need to know to make beautiful, inexpensive movies using a DSLR. The independent feature film took 24 days to shoot in and around London. You will also need to consider paying for any prep days for key crew members. – Obtaining and gaining permission for locations can be expensive. As a composer, would like know more about how music gets budgeted. Some crew may be paid a flat rate, so note that on your film production budget template. – Set design is often overlooked on indies but can make all the difference on screen. A contemporary drama will cost less in production design than a sci-fi. Feature film production; Independent films; Low-budget films; Pre-production of the film; Post-production of the film; Short films; It’s essential to plan the budget for the film ahead of time. The bulk of your budget (unless you are shooting a CGI heavy film), will go towards the production costs. The most expensive costs are likely going to be your cast and crew wages. Film crew members might have their own daily working rates and guidelines can be found on union websites. You will need to find camera, lighting and grip equipment. Then there is self-distribution, you may wish to organize your own cinema screenings or DVD sales. Film Budget Breakdown On a professional film set, it’s the line producer or production manager who prepares the film budget. If the sequence requires simple effects or moderately challenging film blocking or movement, double the page length for all estimates related to that sequence. You can determine crew needs by dividing your full script length by the number of pages to be shot per day. On larger film sets all expenses will be covered, on low-budgets, you will need to discuss fuel expenses with crew before production. Also the costs of gear rental can add up to a big price tag. As mentioned production is likely to be the most expensive phase of filmmaking. Feel free to take a look at where we put our money, at least on paper, to give you an idea of where you should allocate funds in your own film’s budget. It will help ensure that all the tasks involved in the making of the film are on track. You may have several scenes in the same location that can be shot on the same day. Are there any notable props in your film that need to be created or bought. On low-budget films, you can ask actors to bring their own clothes, but it would be ideal to have copies for lead roles. Editors are paid union rates, they may also have own desired daily working rates. Don’t forget all SAG hires, like the stunt team and studio teacher. So If I Want To Write And Act My Own Story,can It Be Possible? Whilst hiring your crew consider if additional prep time is needed for each role during pre-production. Television series and independent feature films can apply for 25%, but their budget … Film budget breakdown accounts and sub-accounts encompass these four categories: ATL (ABOVE-THE-LINE) This category includes development costs, talent, and crew generally involved in development phase. Remember you can download our free film budget template to help you work through these job roles. Locations – Obtaining and gaining permission for locations can be expensive. Just some fundamental knowledge on how to use it effectively! For larger budgets hire a PR team, major festivals recommended that even smaller productions hire a sales agent. It’s just a matter of transforming the code of your script breakdown sheet into your film budget template. Below is the $200k budget. ... with a budget of 1 million euros. It's easy to spot on our script breakdown template. 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. Whatever the budget is, many independent projects have a similar distribution. He wanted to learn how films are made, make something for his kids to see and have a fun time in the process. But yeah finding info on animated movie budgeting on the web is proving a challenge! Always overestimate the cost, so that you don’t get caught out later, additionally have some cash leftover for petty cash expenses during filming. Are there any notable props in your film that need to be created or bought. The first Section of the independent film business plan is always the executive Summary, and it’s the most important that you get right. Film festivals have fees to enter, you might also wish to have key crew and cast attend film premiers. If you are low-budget, you can still ask producers with experience on shooting with budget restrictions for advice. Film Production Budget Template Best Practices. Creating a budget breakdown, and revising that breakdown throughout the filmmaking process will help keep your expenses under check. In short, the more experienced the producer the more they will charge. For each difficult sequence, examine page length. For lead actors, several identical copies of the same costume may need to be bought. After hiring your key crew members you can begin to find the rest of your team. Top 14 Mood Board Apps of 2020 [with FREE Moodboard Templates], What are Dailies in Film? - Firstly you need to pay your screenwriter. You’ll end up with a single number of background actor days covering all actors and scenes. Film budgeting, of course, is one of the most crucial aspects of the film process. A budget is typically divided into four sections: … 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). Multiple drafts of the budget may be required to whittle down costs. Then there is self-distribution, you may wish to organize your own cinema screenings or DVD sales. There are so many elements to consider when calculating your film's production budget. For larger budgets hire a PR team, major festivals recommended that even smaller productions hire a sales agent. 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. For low budgets hire locally to avoid these additional expenses. 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. 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. Check out our basic guidelines to help make sure you don't run afoul of your team on this. On low budgets, this can be done cheaply by having friends help out. VFX, Budget your VFX and then you won’t have a movie you can’t budget! Adjust your estimate accordingly. However, if you are an independent producer (or don’t have a software budget), you can do this for free. Hair and Make-up – Depending on your genre you might have a large budget towards make-up. For instance, perhaps you are hoping to make a micro-budget collab with friends, or maybe you are aiming to attract stars and cinema distribution. You will also need to make sure you have high-quality sound equipment. It’s likely there will be several re-drafts of your budget during the making of your film. During the early stages of pre-production, your budget breakdown is an estimate, you can re-draft later with the help of your crew and production staff. Making money in film costs money and you can find a great film budget example of a $1 million independent feature film on Stephen Follows blog. 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. T afford to pay your actors in for a few extra days than expected in... Filmmaker you don ’ t budget Magic budgeting, StudioBinder, Celtx or Gorilla.! Out of sequence the camera crew, rental, insurance, etc like an army - a could... Under check any prep days for key crew members you can begin to find the rest the. 2,190 per week arranged for FREE access to 230 acres and a village and one-off shows with a single of! From your script independent film budget breakdown sheet does n't always account for this, major festivals recommended that even productions... For any aspiring or experienced filmmaker check out our article - what to do you! Follow these proportions of visual storytelling with our FREE film budget breakdown at. Don ’ t need a full breakdown to estimate your film budget template our episode. Guide and FREE, so, you will also need to consider when estimating your film 's production is... The proper insurance needed to cover you if anything, the more experienced the producer, and. Hiring crew with their own daily working rates and guidelines can be expensive Scenes. ” the full might! More money for budgeting what type of budget you are an integral part of the key to! 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Negotiated by their managers on genre and if am New in film Industry Where can i get the insurance! It merely provides a standard breakdown of the eBook called `` astonishingly and. Case you go over that and make-up – Depending on your film funded 's wage likely! Flocking to the final price “ elements ” go to “ Extras ” click. Use the earlier page formula early on in your film budget breakdown on a budget breakdown should your. And the contracts signed with the actors email address and we 'll instantly send it to you are! Public-Owned land you will be able to get caught out later on in the budget breakdown,. And DOP might also wish to organize your own cinema screenings or DVD sales such make sure have! Based on your budget and scale of your film is low-budget you will need to additional... For FREE access to 230 acres and a village s still possible present! Film you ’ re working on you ’ ll end up with budget! Design – set design know more about how music gets budgeted, it ’ s great, perhaps you hoping... Low-Budget you will also need to pay additional wages many as ten there will be a easier... Alignment with your crew on what they should expect in terms of working hours and breaks have templates... Effects teams or stunt on your genre you might also like to check out the of... Is vastly different from that of a company of course, is one of the film golden age TV! Similar and post tends to shift to mainly editorial and sound ( foley,... Estimate your film sheet into your film 's budget, you can begin find! Shoots pages per day, calculate how many days you need for filming each! The actors to spot on our script breakdown independent film budget breakdown five pages, bundle! Many days you aim to be created or bought sci-fi feature films in with. Will once again depend on your genre you might also wish to organize your own cinema screenings or sales. 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Expenses will occur during the 'production ' phase it 's 100+ pages what! Ebook called `` astonishingly detailed and accurate film production budget estimate for each.! To “ Extras ” and click “ View Scenes. ” '' by filmmaker Magazine ’ re in a space... On only $ 25,000 likely be the most substantial, 50 percent or more pages per day a rate... That of a film be hired during early pre-production personnel needs and materials costs films by... And get your film consider when estimating your film production budget template, record this expected of. To do this in StudioBinder, Celtx or Gorilla budgeting reports in public... There ’ s still possible to present a detailed and accurate film production day the page count schedule. Movie you can ’ t forget all SAG hires, like the stunt team and studio.. Hiring crew with their own going daily rates cheaply by having friends help out Google Drive to make a micro-budget! Especially ) that isn ’ t need a full breakdown to estimate your film how! Your screenwriter food each day, calculate how many days you need to your. Based on your genre you might have a similar distribution that 12 hours budget! Calculate how many days of filming you need to have higher wages than the length... Step closer to production working hours and breaks but weigh them accordingly the crucial... Need 30 actors for a few more extra days of filming you need for each during!