Financial Education

Tips for Filmmakers on a Tight Budget

Most amateur filmmakers don’t have the budget of even the cheapest Hollywood project, but if you’re aspiring to create your own great cinematic experience, here are some tips to help you financially.

Pre-production

If you’ve got a good story to tell, the film might practically write itself. Focus on creating versatile characters, interesting settings, engaging dialogue, and other original themes. Run your script by a few close friends and family to see what they think and incorporate useful feedback. A well-written screenplay is the backbone for a successful movie and all it costs is your time.

When it comes to actors, don’t just cast your friends. Hold auditions and find the right person for each role. Acting is one of the most visible parts of a movie, so having someone who performs poorly can detract from everything else. Regarding payment, let the applicants know up front that your budget is tight. Some up-and-comers will work for free to build their résumés.

Hire a small crew. Once again, be open about your finances—you might even be able to pay in pizza—but having one person run the camera, another to monitor the audio and someone else fix the lighting will prevent you from doing it all yourself and limit any mistakes. Plan your production ahead of time, too. Storyboard your ideas, create a shooting schedule and scout for locations. The more you prepare for filming, the less time and money you’ll spend when doing so. Nevertheless, be flexible. It doesn’t always go according to plan and you may find yourself trying different things to get the scene you want.

Production

You don’t need the latest & greatest camera to get a good shot. An entry-level DSLR device will give your film a professional look. You can also buy a more expensive camera, then sell it online once production wraps. Some filmmakers have even shot an entire movie on their phones, though that’s only recommended if it fits your picture’s style.

Audio is another vital element. Bad sound can kill an otherwise well-made movie. A built-in microphone can only take you so far, so you might want to invest in a lavalier or boom mic. If the shot doesn’t sound right or there’s too much background noise, don’t be afraid to do another take. Use natural lighting as much as possible. After all, it is much easier to darken a scene and it’s cheaper, too. Good filmmakers don’t underestimate the power of good lighting and try to keep it consistent between shots.

Find places that work with your story, but limit the number of locations. More settings mean extra travel, which translates to more money spent. Also, be sure to only shoot where it’s permitted. A police citation can negatively affect your already low budget.

Post-production

Get some inexpensive editing software for your footage. And don’t blow your budget paying royalties for music. Compose your own soundtrack or ask one of your favorite local bands if you can use a few of their tracks for free. As your film nears completion, use social media to market it. YouTube, Facebook and Twitter are all free and they’re a great way to generate buzz. Post your trailer or announce the premiere and get others to share it. You’ll be surprised how effective word-of-mouth can be.

And if you’re an amateur filmmaker who wants to see an example of when money clearly isn’t an issue for a movie, click the link below and enter to win exclusive America First premiere tickets to Star Wars: The Last Jedi on December 15.

http://woobox.com/4h8fjp

Joel Hilton

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Joel Hilton

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