New producers sell their projects to actors, directors, cinematographers as well as their audience. If you don’t know how to sell, download and read this book to learn. It’s much easier than you think, particularly when what you’re selling is something you care a great deal about. You learn: What sales is and is not …
Letters of intent from a Production Insurance company and a Completion Bond company is required to receive most film funding. Both Production Insurance Companies and Completion Bond Companies review the script, the budget, the key crew, the shooting schedule and talk to the line producer before giving a letter of intent. So if they say a film is “good to go” then it has been vetted by pros and is likely to be (from a production standpoint) safe to produce. This increases a funder’s sense of comfort dramatically.
The truth is, no one knows exactly how much a film will make. But it is easy to calculate how much similar films will make. It just takes research. Here are specific techniques you can use for creating your financial forecasts.