videobear
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Sep 27, 2004, 9:52 PM
Post #2 of 2
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Re: [chrissimms] Training Video
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There are a lot of ways to approach this. You can do it as a straight job for hire. Estimate your time (include conferences, travel, script writing, shooting, editing) and materials/equipment rentals. Add on an amount to cover your overhead (ongoing expenses not directly chargeable to any one project) and profit. Something like this:
Script (draft and final) - 20 hours @ $30/hr = 600
Videotaping on location - 1 day @ $500 = 500 (includes camera/audio/lighting package, operator)
Videotaping in studio - 1 day @ $600 = 600 (includes camera, studio rental, operator)
Hired talent - 1 day @ $300 = 300
Editing (draft and revisions) 30 hr. @ 50/hr = 1500 (includes editor, editing software, effects, music, titles)
Total Direct Costs = 3,500
Overhead (15%) = 525
Total Cost = 4,025
Profit (10%) 400
Estimated Total = 4,425
Deliver a final master on DV or BetacamSP to your client. You can also offer to provide the duplication services, if you're so equipped.
Your client may not have the budget to afford paying for the entire project up front. There are all kinds of ways in which you can offer to do the project for less money up front in return for a percentage of the sales. Negotiate a contract that's acceptable to you both, then have your lawyer check it before you sign.
Hal's "Video Producer Home Study Course" is a great resource for projects like this. See it in the VU Store.
Regards,
Doug Graham
Panda Productions
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