Comments

Jay_Mitchell wrote on 3/31/2003, 1:40 PM
There are many methods to calculate your production pricing structure. I'll offer you two to think about. Consider all of your time, materials, equipment, wear and tear, travel, rentals, office, permits, taxes, legal, utilities, labor, etc...and consider that your costs. So, if you have a good idea of your costs to produce a finished product, then you need to add an amount or percentage for your profit. For example, if all of you estimated costs to produce and deliver was $2000 and you work on a cost plus 25% - your might consider charging $2500. Only you can decide what you want for profit.

Another method I use - depending on the job and client is to charge a set rate for the finished, edited number of minutes. For example, I might charge somewhere between $500 and $1000 per minute to complete an edited delivered video. Five minutes @ $500 per minute equals $2500 charged to client.

Some factors to consider are Your experience level, quality, equipment, etc...
Also, there are many good books out there to help you with your production planning needs, costs and requirements.

Jay Mitchell