Budgets keep video productions in line and on time. But how do you estimate costs when you're just starting out—or planning a shoot in a new location? Rich Harrington has almost 30 years of experience in video, many of them consulting for clients who needed detailed proposals and budgets to move forward.

In this course, he explains the nuts and bolts of budgeting for video production. Learn how to develop professional budgets, quotes, and proposals, and then transform those estimates into invoices. Plus, learn how to split projects with contractors, set payment terms, and make sure the bill is delivered and you get paid. The exercise files include the budget, proposal, and invoice for the sample project shown in the course, as well as a budget template you can use for your own future projects.

Topics include:

• Evaluating outsourcing and partnering options
• Setting your rates
• Incorporating material and overhead costs
• Scoping the project
• Estimating the production time
• Collecting data with time tracking
• Creating a quote or proposal
• Setting payment terms
• Creating an invoice with Word or Pages
• Dealing with billing and collections

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