While some people get into the film production industry purely for fame and fortune, many others are seeking an outlet for their creative energy and a way to connect with the universal human spirit. Production companies can bring jobs and community awareness to the areas where they operate, and that is just one reason Wise Business Plans is happy to now provide these companies with specialized, custom planning support.
According to FilmConnection.com, film production is one of just a handful of nationally subsidized media businesses in the U.S., and some states offer cash rebate incentives for production money spent within their boundaries. This makes film production attractive as a startup option.
“Not only is film production an industry that tends to attract ‘true believers’ who are fully committed to their art form, but it also has a rejuvenating effect in the local economies it affects,” said Joseph Ferriolo, director of Wise Business Plans, which provides custom business plans for companies of all sizes and in all industries. “This makes it very attractive to creative entrepreneurs.”
However, said Ferriolo, creating a growing, thriving company in a crowded, popular industry means standing out — something that can be harder than it sounds for creative types.
“There’s more to competing in a crowded field than a great concept — you also have to have great marketing,” he said.
Luckily, he added, that’s something Wise does very well.
“Every Wise plan includes a marketing strategy and demographics information, leaving the creative people free to do what they do best: make movie magic..”
Wise Business Plans (wisebusinessplans.com), staffed with professional MBA writers, researchers and financial experts, is a trusted partner for businesses across a broad spectrum of products and services. Our mission is to empower our clients to make the best possible business decisions, boost company performance and facilitate their funding success by laying the groundwork for strong businesses that excite, inspire and retain talented and exceptional employees.