How can new filmmakers finance their projects in style?

Filmmakers face a host of logistical problems in the post-pandemic era. However, most creative minds can find a way around those challenges. Sadly, none of that matters if they cannot get over the financial stumbling blocks.

Equipment costs, props, and fees for actors and crew aren’t cheap. Therefore, finding ways to keep the overheads under control is vital. Even when you are able to film on the cheap, some capital will be needed. Trading BTC is one area of interest for those that understand how to make calculated trades that can turn a profit however financial trading and investing in cryptocurrencies is highly risky and you should seek financial advice if you ever want to explore this path. Alternatively, you can look at taking on extra hours in a day job.

If earning the money isn’t viable, it may be possible to gain financial backing from others. Crowdfunding is a great option for small-time filmmakers who aren’t ready to approach traditional film backers. Aside from generating funds, it can be a great way to build your audience ahead of the film’s production and release.

Even when you have some capital, it’s vital that you use it well. While the latest Bond film had a budget of $250m+, you’ll be working with a smaller fee. Making it work harder is the only way you’ll get your project completed.

It is possible to shoot good short movies on low-budget tech. The increased accessibility of equipment certainly makes life a lot easier. Meanwhile, you can look to borrow some of the on-set props or accessories. In many cases, you’ll be able to make your own items with help from online tutorials. Another great option is to choose used and refurbished products.

When it comes to finding talented crew members and actors, there are ways to reduce the costs. One of the best is to take on students from your local university. They’ll gain credits for their showreels while you’ll only have to pay their expenses. It may pay to have more experienced senior crew members or lead actors. But the majority can be hired in this way.

The post-production editing is another area where using students can work wonders. Of course, you may want to handle some of the work yourself. For the sake of cash flow control, it’s usually best to use a monthly subscription for the best editing software. Buying a permanent agreement can be done with the earnings of your films.

Most filmmakers will be fully aware that they can use YouTube and social media to promote their films. Meanwhile, a preview for special guests (backers or social influencers) is ideal. They will tell their friends and social media followers about the film, which builds excitement. You can host your movie on these sites too, and even put a paywall in place.

Finally, if money is an issue, you should think about this before you shoot. Opting for a documentary style film, for example, can be far more affordable. Or you can write a story that means most of the shoot takes place on one set. With the right mindset, a lack of money won’t stop you from achieving your goals.

Financial disclaimer: Financial trading and investing in cryptocurrencies including NFTs, coins, tokens as well as other leveraged products is highly risky and can result in losses that exceed your initial deposit. Suitable professional financial advice should be obtained before investing in these assets or the financial markets.