From the course: Corporate Video Essentials: Preproduction

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Creating a budget

Creating a budget

From the course: Corporate Video Essentials: Preproduction

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Creating a budget

- With corporate productions, a lot of people skip the budgeting stage. After all, the resources and the people are often working for the same company but having a budget even if it's an internal budget is important because resources ultimately cost money and if it's like a lot of video productions, you might have to involve some outside costs. There might be external crew people or fees for locations or other services that are important. What I often find is that people underestimate what it costs to put a video together and if there's nothing tying the cost back to the actual work, people's appetites often get really big. Do you want a makeup artist? Sure. Well, what's the big deal if we have an extra day of shooting? We'll just stay another day. You have to think through all the things that are going to drive the budget up because ultimately, someone's going to have to be accountable. You're going to want to think…

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