Black Chip Collective | budgeting
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budgeting Tag

Oct 26 2017

No Video Freelancer Should Ever Work for Less than $30/hr

Now Hiring: Director of Photography for 10 day projectRequire 10 years of experience and must own Alexa or better.Total Budget: $40 If you're in the industry, this probably made your blood boil. As hyperbolic as it might be, we can all imagine seeing something similar. Maybe because our industry is so competitive, possibly because it's creative and fun, or maybe because people are just terrible, but film and video crew are frequently called on to work for next to nothing. We're not the only ones, certainly, but it does seem especially...

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Apr 05 2017

How Much Should I Pay a Freelancer?

Freelance rates are a complex and nuanced thing that can't really be summed up in a single formula. But we're going to do it anyway.To start, you need an idea of what you'd pay a full time employee. If you're not sure, ask some colleagues or friends in the industry. Site like PayScale can help, but aren't great for many creative jobs. Using that number, we can come up with a formula to get a baseline for freelancer rate:  (Annual Full Time Salary / 140 ) + equipment costs and expenses...

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Mar 08 2017

What Do I Bill For?

It's a common question, maybe the most common, right after 'How Much Should I Charge?' While there is no firm consensus on exactly what video freelancers and production companies should bill for, there are generally accepted practices. Initial Consultation- No If you know a freelancer who charges for initial consultations, you probably know a freelancer who has no clients. It's a nearly universal practice to give a free consultation to clients, because it acts almost as an interview. Clients can size up freelancers to see if they would be a good fit, while freelancers...

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Nov 30 2016

Budgeting for Film Festivals

So you’ve finished your film and you actually have some money left over. I know you’re just itching to transfer it to one dollar bills and swim around in it Scrooge Mcduck style, but you’re not done shelling out just yet. [caption id="attachment_20660" align="aligncenter" width="700"] We’re spending a lot on donuts. Who keeps buying donuts?[/caption] Regardless of what your goals are for your film, festivals are almost always the first step to get there for any completed independent film. Done right, it’s still the best outreach you can do for your film,...

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