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Starting You Own Business?
Starting your own business can be a challenge. When we started Filmanatix back in 2015 we had no idea what we were doing. It took almost a whole year before we actually started building the company. Did we make mistakes? ABSOLUTELY! Do we want you guys to make the same mistakes? No way! We would rather share what we know with you so you can progress faster than we did. So if you have questions about starting your own business drop them here and we will do our best to answer them. 🤝
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Budget Calculator Equals Profit! 🔢👋
Are you tired of playing the guessing game when it comes to pricing out your projects? Do you find yourself struggling to determine fair rates for your services? Well, fear not! The solution lies in one simple tool: a budget calculator. Pricing out your work can indeed be a challenging task. Sometimes clients demand a detailed breakdown of expenses, while other times it feels like shooting in the dark. But with a budget calculator by your side, you can navigate these murky waters with confidence. Here's why a budget calculator is your new best friend in the world of video production: 1.) Understanding Expenses: A budget calculator helps you gain clarity on all the expenses involved in your project, from equipment rentals to crew wages and everything in between. No more overlooking hidden costs or underestimating your needs. 2.) Ensuring Profitability: By inputting all your expenses into the calculator, you can ensure that your pricing is not only fair but also profitable. It takes the guesswork out of the equation, allowing you to set rates that reflect the value of your work while still ensuring a healthy margin. 3.) Streamlining Proposals: Including a detailed budget breakdown in your project proposals adds a professional touch and instills confidence in your clients. They'll appreciate the transparency and clarity, making it more likely for them to greenlight your project. 4.) Flexibility for Solo Filmmakers: Even if you're a one-person operation, a budget calculator is still invaluable. It helps you track your expenses and manage your finances more effectively, ensuring that you're not selling yourself short. 5.) Facilitating Subcontracting: With a clear understanding of your budget, you can confidently subcontract certain aspects of your project without fear of going over budget. This opens up opportunities for collaboration and allows you to deliver higher quality work by leveraging specialized expertise. So, whether you're a seasoned filmmaker or just starting out, don't underestimate the power of a budget calculator. It's not just a tool; it's your ticket to financial stability and professional success in the competitive world of video production. Start crunching those numbers and watch your profits soar! 🚀✨
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12 members have voted
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Budget Calculator Equals Profit! 🔢👋
City Spotlight Example
Where’s the example of a City Spotlight that was in the course originally? I remember seeing it when I first purchased before the switch of the course’s platform.
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New to the game, but ready to get the snowball rolling!
Hey everyone, my name is Alika and I started a social media marketing agency as my first business a year ago, but I definitely had no passion for that and turned it into a Video Production company, which is why I'm here now! My mind is set on Entrepreneurship since I was in the military for 5 years, which basically felt like a super strict 9-5 and I wasn't satisfied whatsoever lmao. I got out a year ago and am ready to push my business, especially since creating any art is valuable to me, I just leaned more towards video and editing! Cheers to everyone! Let's get to work!
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What would you do? Part 2
How do you handle a situation where a client has reached the maximum number of revisions allowed in their contract but continues to request additional revisions?
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New comment Jul 8
What would you do? Part 2
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Filmanatix Crew
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