Importance Of Sales Projections For Your Independent Film Project
Most independent filmmakers do not research and utilize realistic sales projections when developing their business plan, or worse, they do not use sales projections at all. This is a huge mistake. Sales projections for your film project are absolutely necessary so that you can properly budget your project, raise the necessary financing, and ensure your chances of paying your investors back.
When you are developing a set of projections, the following should be considered:
Develop a set of projections starting with detailed revenue. It is important to have a clear idea of where the movie will be released and how it will be released. The type of release will greatly impact the revenue you could receive. You should have a good idea of what you can sell your movie for before you develop your budget. Make sure your production budget is solid and