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IFP/Los Angeles Independent Filmmaker's Manual, Second Edition, 2nd Edition by Nicole Laloggia, Eden H. Wurmfeld

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6BUDGETING

“… depending on the budget, I cut my cloth to size. I never think epic when I have a peanut, on the one hand, and on the other hand I’m always making epics on a peanut because I’m very practical … about what a budget means …”

—Mira Nair, director, Monsoon Wedding

INTRODUCTION TO BUDGETING

Once you have completed the breakdown and preliminary schedule, you have to run the numbers to ensure that you can make the film you want for the money you have. The budget will tell you how much it will cost to make your film. It will help you keep track of all of the film’s needs, and by actualizing the budget you will track money spent and money available. Be certain that you have enough money to get the film both in and out of the can.

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