Low budget films are called that for a reason, and most are no budget. Big studios have amazing producers to find financing, but odds are you don’t, so prepare accordingly. It is important to go into your project knowing you’ll need basically everything, and cutting your expenses to the bare minimum.
Things you’ll have to spend money on:
- Craft services
- Film
- Transportation
- Music clearance
- Actors/Extras
- Equipment
- Crew
If you have good networking skills you may be able to work with local production companies and cut a deal with them so that they’ll slash the rental fee for equipment. Local schools with A/V techs can also prove useful. When all else fails, good old-fashioned fundraising (bakes sale, car wash, lemonade stands!) does the trick, even if you don’t come away with thousands you’ll get more than what you started with which is better than nothing. You could also consider hosting a funding party to raise money for your production.