What are examples of budgeting for production?

What are examples of budgeting for production?

Ben Lyons (Producer) gives expert video advice on: What are examples of budgeting for pre-production?; What would a general breakdown of a budget look like? and more...

Production is where you're getting the value for your money when making an independent film. This is when you're paying your actors, you're paying your crew, you're paying for locations, you're paying for insurance. You are basically paying for everything during production, but you are not spending everything as you've got to save some stuff for post-production because you have to go out and edit the movie. But production is where you're getting your value and your money and that's where it needs to be spent. And every dollar on an independent film should go into the making of the movie, so if a director wants a car service to take him from the hotel to the set every day it should not happen on an independent film. Maybe they have to jump on the subway like everybody else, because you're trying to save money. And those little things count on an independent film as they add up. So money-wise and financing, production is where you're getting the best bang for your buck.