In the final part of my 7 part series on writing a business plan for independent film and media, I’ll be going over all of the financial statements you’ll need in your business plan. This is a section that you’ll want to write before you write the financial text section of your plan, as it will have great impact on that section, and potentially other sections of the plan. Each document should take up only a single page.
In part 6 of my 7 part series on independent film business planning, we’re going to go over the text portion of the financial section of the business plan. This is where you explain the methodology you used in your financial projections, the general plan for taking in the money, and then overview what you’re going to present in the final section, the pro-forma financial statements.
In part 5 of my 7 part series on business planning, we talk about the risk management/SWOT Analysis of your project. It begins with a risk statement that goes into exactly why film is a highly speculative and inherently risky investment, and then goes into a SWOT Analysis that illustrates how you plan on managing those risks. For those of you who don’t know SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
In this installment of my 7 part blog series on business planning, we’re going to take a look at the marketing section of the plan. This section is likely to be the longest section, as it encompasses an overview of the industry, as well as both marketing and distribution planning. Generally, this section will encompass 3-5 pages of the plan, all single spaced. This is among the most important sections of the plan, as it is a real breakdown of how money will come back to the film
Next up in my 7 part series on writing a business plan for independent film, we’ll be taking a deeper look at the project(s) section of the plan. The projects section of the plan is the most creative section, as it talks about the creative work that you’re seeking to finance. That being said, it breaks those creative elements into their basic business points. This section should be no more than a page if you have one project, and no more than 2 pages if you’re looking at a slate.
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AuthorMy name is Ben, I'm an Entrepreneur, Producer's Rep, and Author. I'm the founder of Guerrilla Rep Media, Co-Founder/CMO of ProductionNext, and founder of Producer Foundry. Together, the organizations seek to help make filmmaking a more economically sustainable endeavor. I am dysic, I have capitalization issues, and the blogs are often unedited. opinions all my own. Join my Mailing List for FREE Resources!I'm happy to offer a FREE Resource Package to anyone who joins my mailing list. You'll also recieve monthly digests of my articles and other valuable resources.
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