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How do I start a film production company?
By Benjamin Craig , filmmaking.net
A film production company is no different from any other type of company, so the same rules and processes apply. Starting any new business requires a good deal of research and planning, particularly if you are intending to raise money from third-party investors to help fund the venture.

The first thing that most people do before starting a new business is write a business plan. A business plan is a document which outlines how the business will be set up, how it will operate, and how it will make money. As most business plans are written for people who may not necessarily have first-hand knowledge of the industry in which the business is going to operate, the plan normally must also include an overview of the market and information on how the business is going to compete effectively in that market. All information presented in a business plan should be researched and supported with verifiable facts. It’s not a good idea to use anecdotal or made-up information in a business plan - at best it just means you are deluding yourself about the viability of your business idea; at worst, getting investors onboard with inaccurate information could land you in hot water further down the track.

Business plan writing is a bit of an art form. There are plenty of books on the subject, and most business courses at tertiary institutions will teach you how to write them. You may also want to consider a piece of software called Business Plan Pro, from Palo Alto Software. This program contains a range of sample plans, and walks you through each step of the process. FilmProposals.com also has a sample business plan for raising money for independent films which is available to purchase from their web site.

Aside from your business plan, another key consideration for setting up a film production company is the type of legal entity you will use. There...