So after many years shooting no/very low budget films I am now the Co-Producer of a film with a 100k budget. My first reaction to this budget was "WOW so much money..."
WRONG
Yes it is a lot of money and we are fortunate to have it. Point!
Just think of a feature film you shoot with no money and think of the value it would be if you paid everyone and did everything "properly"... Some films would go well over 100k.
But now with this budget you must move from the weekend-to-weekend and hire real crew for multiple weeks. Don't get me wrong, I love paying crew because 1. you get what you pay for and 2. you can now really tell them what to do (within their duties). I have done this with many music videos and love it.
But budgeting this film has become a nightmare since the investor's money hinges on us attaching a "named" actor and not just a cameo... $$$$
So anyway... we plan to shoot this film with 2 EPICS (to save time) in only 2 weeks (6 days a week 10-12 hour days). But since we are going to be shooting in the UK and well rain is quite common, we wanted to schedule an extra week for pickups in case of bad weather or any other reasons.
Since this is my first time working with a budget like this in practice (I have budgeted many in theory just for fun), is there a standard way to budget pickups??? Just scheduling 6 extra days at full price costs quite a bit and if we only use 2-3 days, then the extra money could have gone somewhere else. At the moment I have 3 full weeks budgeted but before I send this budget draft to the investors, I wanted to be clear on the pickup days subject.
Any thoughts???
WRONG
Yes it is a lot of money and we are fortunate to have it. Point!
Just think of a feature film you shoot with no money and think of the value it would be if you paid everyone and did everything "properly"... Some films would go well over 100k.
But now with this budget you must move from the weekend-to-weekend and hire real crew for multiple weeks. Don't get me wrong, I love paying crew because 1. you get what you pay for and 2. you can now really tell them what to do (within their duties). I have done this with many music videos and love it.
But budgeting this film has become a nightmare since the investor's money hinges on us attaching a "named" actor and not just a cameo... $$$$
So anyway... we plan to shoot this film with 2 EPICS (to save time) in only 2 weeks (6 days a week 10-12 hour days). But since we are going to be shooting in the UK and well rain is quite common, we wanted to schedule an extra week for pickups in case of bad weather or any other reasons.
Since this is my first time working with a budget like this in practice (I have budgeted many in theory just for fun), is there a standard way to budget pickups??? Just scheduling 6 extra days at full price costs quite a bit and if we only use 2-3 days, then the extra money could have gone somewhere else. At the moment I have 3 full weeks budgeted but before I send this budget draft to the investors, I wanted to be clear on the pickup days subject.
Any thoughts???