Business Idea: Start A Film Production Company in 2024
A film production company is responsible for producing video content for social media, corporate promotions, television programs, commercials,s or other media-related fields. Ideally, the responsibilities of a video production company include scripting, location scouting, and also logistics to ensure a successful film.
Starting a film production company can be a daunting task. However, you can set up your business for success with proper guidance. Here are important steps for creating a video production company:
- Determine the company niche
- Choose a suitable company name
- Draft a solid business plan
- Hire an advocate to lead all legal matters of starting a company
- Fund your business
- Acquire video production equipment and skills
- Create a website and market your film production company
If you are starting a video production company from scratch, consider creating some proof-of-concept projects so you can market the business. Alternatively, you may buy a franchise or an existing business.
Revenue & Profitability
How much do film production companies make?
- On average, successful film production companies report $3.65M/year in revenue.
- 100% of film production companies report being profitable.
Startup Costs
How much does it cost to start a film production company?
- It can cost as low as $500 to start a film production company.
- It can cost as high as $100,000 to start a film production company.
Learn more about the costs of a film production company.
Examples Of Successful Film Production Companies
Successful film production company businesses and case studies
Lemonlight CEO, Hope Horner, co-founded an on-demand video production company that has produced over 7,000 videos for more than 3,000 brands, generating over $6 million in sales and growing to a 45-person team, all without taking any outside capital and being recognized in Inc 5000 and Entrepreneur 360 for three years in a row.
Mbrella Films founder, Joshua Dixon, shares how he started and scaled his international production house, which has doubled its revenue annually since its inception and now employs over 40 people, while also expanding into a post-production house and adding a remote production service during the pandemic.
See full list of successful film production companies.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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