How To Start An Indie Film Making Company
The process of starting your own indie film making company is actually a bit complex. The advantages of starting one outweighs the disadvantages by a huge margin. Many have tried their hand in this and failed while many still have also succeeded. A little diligence and patience will get you closer to your dream. See below some incredible tips to starting an indie film making company.
The best thing you can do for yourself right away is to fill up on information. Learn as much as you can about film making. You shall need to check what other independent film makers are doing as well. There is also a lot of advice you can get about this from websites, the blogs and the social media pages. Doing this research is the only assured way up to make the right decisions and to follow the right steps on this journey.
After this, start coming up with a plan. Put down your mission, vision and figure out what kind of work your company will focus on. Because film production companies have different goals and productions, it is vital to first understand what type of work you want to produce, that is whether it is low budget or commercial. Think about the length of the films you make, do you want to focus on long or short movies and is it for television or would you rather focus on movies? What is the content you want to produce?
After this think about the name of the company. A name is as serious as a heart attack in this industry. This is a decision that requires a lot of thought as it is equivalent to creating a brand. What you need to settle for is a name that is unique, creative, fun and captures the heart of your focus for the company. It is very important to agree on one name unanimously if there are other partners involved.
For legal purposes, it is then important to choose a company type to identify your business under. LLC, cooperative, and sole proprietorship are the different categories that are available. Before settling on a choice, it is wise to consider all the advantages and disadvantages of each category thoroughly.
Another thing that needs to be seriously considered is the capital. A working camera is not the only requirement when starting an indie film making company. There are some pretty high costs during setup and subsequent running of an indie film making company. Therefore it is very important to have enough capital to avoid stalling at the initial stages because of lack of funds. Seek funding from investors if what you have is not adequate and budget well and wisely for each and every step.