A lot of us have found ourselves dreaming about producing their own movie, short, documentary or any other video project. However, making a movie from scratch is a very expensive process which usually requires professional equipment, talented staff and promotional efforts.
Because of this, independent film makers usually cannot afford to finance the production out of their own pocket. However, there are a few ways to obtain enough funds to realize your project.
Before even starting to look for investors, there are two inescapable requirements that every aspiring film producer has to fulfil:
- Having a good script, which may sound obvious and is often taken for granted, but a good screenplay is actually very hard to find/write. It is essential to seek feedback on the film’s script, both from industry professionals who can provide an experienced and valuable judgement on the screenwriter’s work, and from friends and family who can represent a rough sample of the public’s reception of the movie.
- Developing an effective business plan, including a realistic budget and a marketing strategy. A detailed business plan ensures the profitability of the project, guaranteeing that investors will be paid back of their economic effort.