Movie Making Manual/Budget/Funding
If you are raising any kind of a large budget, you are unlikely to get it all from one source. A funding plan is a strategy for how to get the money. Here is one funding plan:
- Total Budget: $25 million.
- Convince Charlize Theron and Brad Pitt to be in your film.
- Take to studio.
Admittedly, this is a longshot. More realistically, you will have thought about what money you can get from where, and how to go about obtaining it. Your funding plan will have headers like "UK tax break financing 15% of budget" and "Advance from US DVD distributor". You will then outline in the plan exactly how certain this money is as well as what you need to do to receive it.
A completed funding plan with half of the money confirmed is a powerful way to leverage additional funding. There is no surer way of making investors feel comfortable than showing them that other investors feel comfortable.
For some specific ideas on raising funds via film grants, private investors, hedge funds, and other film financing sources visit the Film Funding Blog here: Film Funding