Requirements for finance

Talent
The finance that is acquired must be allocated across buying the talent and actors that for
need for your film. This will include things like the actors and extras that you need for the
film. A well-known actor will bring more publicity to the film and help define the genre that
you are promoting. Some actors in your film will need a typecast which can have a negative
effect on the movie.

Pros:

The pros for the talent are that a well-known name will make fans more interested and will
keep the fans happy. It will also keep continuity in the future sequels that come up as
people who watch ever film might not want to watch the future films if they don’t have the
same actor that they had in the films before. You could however have a positive to have a
less known actor as they could be available for more cheaply and could save your finance for
other things.

Cons:

The cons which will come from the talent are that the higher costs for actors but it could be
more money being made at the box office. The well-known names cannot always guarantee
success of a bad movie just because of a big name. Another negative is that the lesser
known names could mean that fans could not be connected with the film as easy as they
don’t have their favourite actors.

Equipment
The reason equipment is important for your film company is because if you don’t have any
equipment or filming equipment then you will not be able to film anything and won’t be
able to make a film. If you don’t buy any equipment then it is also possible that nothing will
be filmed at a good quality or nothing will be able to be produced at a good quality as well.

Pros: The advantages of buying the equipment which you need is that you can buy the right
equipment and you can make sure that your film is filmed to a good quality and also that
every scene can be filmed and saved which makes editing a lot easier.

Cons: the disadvantages are that the right equipment could cost a lot and this would mean
that a lot of the films budget would be taken out because of the equipment which needs to
be provided. This could also mean that the budget could be smaller for other things such as
the props and costumes that you need for your film.
Crew
A crew is important for the film as if you don’t have a good enough crew and recording
company then it is possible that they will have no good ideas for your film and you may have
to come up with all the ideas which could take ages to film. You also need a good crew with
costumes and makeup so that you can make everyone ready for filming and they will all be
able to have a long more time filming.

Pros: the advantages of getting the right crew in are that they will run the film production
smoothly and will make sure that the production is where it is meant to be. This will mean
that the film will be produced to the highest quality.

Cons: The disadvantages of the crew is that they could have certain criteria and also certain
rules which the actors would have to listen to and make sure that they could have these set
up so that they can have an organised set up. This could also be quite expensive.

Transport
One reason that you will need to buy a lot of transport is to get our actors and talent to
different locations and so that you are able to get them to work on time and get them to the
recording set for a certain time.

Pros: The advantages of the transport are that they will get you to the places quicker than
what they would if they have to get there themselves.

Cons: The disadvantages of the transport are that they could all cost a lot if they want the
transport for all members.

Materials
The materials are important for a film production because they need the right materials for
filming and costumes otherwise you may not have good enough costumes or props ready
for filming and it would mean that you could have a bad production company if they don’t
have any materials or props that they are ready to film with.

Pros: The advantages of the materials are that they are needed so that you can have the
right amount in the film and you can have a good amount of props for your cast and so you
can film easily.

Cons: the disadvantages of the materials is that if you need a lot then they could be really
expensive and this would mean that it could take your budget out of the film.
Clearances
They will need to have the finance for film clearances as if they don’t have permission to
film in that area then it is possible that they will not be allowed to go ahead and film in
certain area or have a certain production company for them. If they don’t have the available
finance to afford this then it is possible that they will not be allowed to record anything at all
or even come up with any ideas.

Pros: The advantages of clearances are that they will have extra money to go and spend if
they need to go and get more things that are needed for the process of making the film.

Cons: The disadvantages of the clearances are that if you need to get a clearance then it is
possible that you will have to pay back the money for them.

Facility Hire
Facility hire is important for a film company to buy as if they didn’t buy an expensive film set
then it could be that you would have to film in a location that would be suitable for your
film set.

Pros: The advantages of the facility hire are that the right facility will set the film up for the
genre that you have set up. This would therefore mean that the set could mean the way the
film works would change.

Cons: The disadvantages of the facility hire is that if you need to have more than one set
then it will cost a lot and this could be because of the amount that you would need to get.