What is involved in starting a production company?

Answer by  patti (29325)

Write a detailed business plan, which will force you to consider all aspects of the business. There are a number of business plan templates that will prompt you.

Answer by  Vanessa701 (9)

I believe many things are involved in starting a production company. Although I don't have one myself, I'm sure the most important things would be to have the right equipment, the resources to get the equipment, and plenty of contacts within the business. Not having the right equipment can surely set you up for failure before you even get started!

Answer by  mlucas (515)

This is going to depend highly on what you are producing. Requirements vary greatly depending on the business. If it is a food or drug, the costs will be much higher. More information is needed for this question.

Answer by  LeheckaG (1826)

Depends on product/services & your-business-plan; production-companies either: Work for clients (like a major artist/movie-studio/record-label) who pay the bills (provide positive-cash-flow). Incorporate, Secure financing, and operate in-the-red/negative-cash-flow until their-product is finally-completed, distributed, & released. Taxes are much-more-complicated for in-the-red/negative-cash-flow operations. A good-production-company contracts for all-expenses-paid & percentage-royalties, sometimes own-copyrights/trademarks. You require: accountant, attorney/lawyer, business-plan/budget, clients/market, (incorporation &)financing, leased/purchased-equipment, cast/contacts/experts/staff/talent, sample-demo/portfolia, ...

Answer by  Liz59 (10966)

A lot, in other words, you'll need all of the right equipment. You will also need a lot of finances. Depending on what kind of production company you are, hiring the right staff will be essential.

Answer by  selvaraj (30)

we have to finish goverment formalities like electricity approval, corporation approval, water board, smallscale industries etc.well experience improves company

Answer by  Liz59 (10966)

Well to start up your own production company, you need a lot of money. Then you need popular producers to actually make it a success. You also need film equipment

Answer by  CP (232)

Very interesting question but the first thing you need to think about is what exactly do you want to produce. Other things to think about and ask yourself, how will the product be produced? Where the product can be produced? Who is the consumers of the product being produced. Just a start to many other things to come.

Answer by  rnovikoffgmailcom (1722)

it depends what u will be producing. If u are going to produce movies and stuff u need to have workers that are willing to work under your companies name first off.