Video Budgeting

Course details

Whether you're a freelancer or the owner of a production company, creating and presenting accurate budgets is essential to the success of your video project. In this course, learn how to create professional budgets and proposals. Instructor Walter Biscardi Jr. provides instructions for video professionals on how to plan for the financial needs of each video project. To begin, see how to tackle client assessments by viewing an actual example shown from a script-to-screen project. Next, learn how to develop a working concept with pre-budget production planning by assessing your time, crew, and equipment needs. Last, learn how to present your budget and proposal and how to make revisions.

Learning objectives
Completing a client assessment
Discerning between client needs versus wants
Developing a working concept
Creating time and crew assessments
Coming up with the budget
Presenting the proposal
Revising the budget
Knowing when to walk away

Concepts

Introduction

Welcome
What you should know

Client Assessment

The five questions you should ask
Client need vs. want
Your ability vs. client needs
The dos and don'ts of budgeting
Case study - Client assessment

Concept Development

Importance of a working concept
Special requirements
How much detail to include
Your reality check
Case study - Concepts

Prebudget Production Planning

Importance of the time and crew assessment
Calculating production time
Laying out the project timeline
Assigning crew positions (need vs. want)
Planning equipment and cast needs
Meals, location, and travel expenses
Reviewing and revising

Putting the Budget Together

What is Showbiz Budgeting
Following along with generic software
Starting the budget in Showbiz
Continuing the budget
Adding rental and equipment costs
Wrapping the budget up with talent and post
Exporting a PDF of your budget with Showbiz

Presenting Your Budget and Proposal

Setting up a clean proposal template
How much detail to show
Review

Revising the Budget

Strategizing and revising the budget in Showbiz
Walking away from a project

Conclusion

Next steps