Costing
with a Budget
A budget is a spending plan. It is important for me to
calculate how much my crime video would cost to make well
in advance of filming. The calculated cost means as a production company making
a stop-motion animation that I should know how much money I would charge the TV Company to view the video.
Sometimes independent
producers like myself have two budgets and make a ‘bear minimum’ budget
that looks out for discounts and make artistic and technical compromises and a
‘wish list’ budget that has all the fancy equipment and filming time that the
producer would dream of. The bare minimum one will be kept secret, while the
wish list one is sent around to drum up as much money as possible.
The budget is divided into the two sections, ‘Above the Line’
and ‘Below the Line’
Above the Line
These are expenses for creative elements that are considered
integral to the production such as writers, producers, directors, contributors
and copyright clearance.
Below the Line
Basically all the other expenditures. Roles that do not need
to be played by a particular person.
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