{"id":1099,"date":"2024-03-29T03:52:44","date_gmt":"2024-03-29T10:52:44","guid":{"rendered":"https:\/\/www.peerspace.com\/resources\/?p=1099"},"modified":"2025-11-25T16:18:45","modified_gmt":"2025-11-26T00:18:45","slug":"production-budget-template","status":"publish","type":"post","link":"https:\/\/www.peerspace.com\/resources\/production-budget-template\/","title":{"rendered":"This Production Budget Template Will Save Your Life"},"content":{"rendered":"<!-- Begin Peerspace Banner -->\n\n<div class=\"answer\">\n\n  \n  <span class=\"answer-label\">Answered<\/span>\n\n  \n  \n  <p>\n    Production locations on Peerspace typically cost <b>$60 \u2014 $220<\/b> per hour.  <\/p>\n\n  \n  \n  <a href=\"https:\/\/www.peerspace.com\/plan\/production\" target=\"_self\" class=\"button cta-segment cta-answer\">See unique production studios<\/a>\n\n  \n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"#How-Peerspace-can-help-save-your-production-budget\">How Peerspace can help save your production budget<\/a><\/li>\n\n\n\n<li><a href=\"#Consider-the-scope-of-your-shoot-before-you-begin\">Consider the scope of your shoot before you begin<\/a><\/li>\n\n\n\n<li><a href=\"#Things-to-include-in-your-pre-production-budget\">Things to include in your pre-production budget<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/What-to-include-in-your-production-expenses\">What to include in your production expenses<\/a><\/li>\n\n\n\n<li><a href=\"#What-to-include-in-your-post-production-section\">What to include in your post-production section<\/a><\/li>\n\n\n\n<li><a href=\"#A-sample-production-budget\">A sample production budget<\/a><\/li>\n\n\n\n<li><a href=\"#Keep-track-of-your-expenses-by-calculating-estimates\">Keep track of your expenses by calculating estimates<\/a><\/li>\n\n\n\n<li><a href=\"#Peerspace-filming-locations-to-help-you-maintain-your-budget\">Peerspace filming locations to help you maintain your budget<\/a><\/li>\n<\/ul>\n\n\n\n<p>A production budget template makes it easy to keep your project on track. If you\u2019re a <a href=\"https:\/\/www.peerspace.com\/plan\/photo-shoot\">photographer<\/a> or <a href=\"https:\/\/www.peerspace.com\/plan\/video-shoot\">videographer<\/a>, there\u2019s a good chance that colors and camera angles excite you while numbers make your head spin. <\/p>\n\n\n\n<p>For many of us creative types, the last thing we want to worry about when planning a shoot is money or budgeting. And yet, it\u2019s one of the most important parts of the entire process! From renting equipment to hiring a crew and outfitting your models, many of the decisions that go into a successful production depend on making a realistic budget and sticking to it. <\/p>\n\n\n\n<p>And let&#8217;s not forget about securing amazing production locations. As the largest online marketplace for hourly venue rentals, we at <a href=\"https:\/\/www.peerspace.com\/plan\/production\">Peerspace<\/a> know all about the importance location makes to any creative project. Our platform offers you access to sensational spaces that suit your vision, in cities across the globe. And since you can search for production venues using price filters, you never have to worry about renting a space that doesn&#8217;t fit your budget.<\/p>\n\n\n\n<p>We want to make it easy for you to keep track of your expenses, so we at <a href=\"https:\/\/www.peerspace.com\/\">Peerspace<\/a> have put together a sample production budget template you can use for your own shoots. Let&#8217;s get to it.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"How-Peerspace-can-help-save-your-production-budget\">How Peerspace can help save your production budget<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Private-Studio-for-Film-Photography-Rehearsal-sacramento-rental-1024x699.webp 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Private-Studio-for-Film-Photography-Rehearsal-sacramento-rental-300x205.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Private-Studio-for-Film-Photography-Rehearsal-sacramento-rental-768x524.webp 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Private-Studio-for-Film-Photography-Rehearsal-sacramento-rental.webp 1400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Private-Studio-for-Film-Photography-Rehearsal-sacramento-rental-1024x699.jpg\" height=\"699\" width=\"1024\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Private-Studio-for-Film-Photography-Rehearsal-sacramento-rental-1024x699.jpg 1024w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Private-Studio-for-Film-Photography-Rehearsal-sacramento-rental-300x205.jpg 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Private-Studio-for-Film-Photography-Rehearsal-sacramento-rental-768x524.jpg 768w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Private-Studio-for-Film-Photography-Rehearsal-sacramento-rental.jpg 1400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" class=\"wp-image-49643 sp-no-webp\" alt=\"Private Studio for Film, Photography, Rehearsal sacramento rental\nProduction Budget Template\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p>Remember, booking the perfect production space can save any production budget! And as we mentioned, that&#8217;s something <a href=\"https:\/\/www.peerspace.com\/plan\/film-shoot\">Peerspace<\/a> can also help you out with. <\/p>\n\n\n\n<p>Through our peer-to-peer online marketplace, Peerspace offers you access to thousands of production-worthy spaces in hundreds of cities across the globe. Just check out what we have available in your city or destination location. <\/p>\n\n\n\n<p>Go to <a href=\"https:\/\/www.peerspace.com\/plan\/production\">our production landing page<\/a>, enter the location, and filter the results based on features and amenities. A list of stunning, unique venues will pop up, and you can explore these further and check out the photos, descriptions, and past user reviews. As a bonus, the price is listed clearly at the top of each listing, with no surprise fees.<\/p>\n\n\n\n<p>There\u2019s nothing worse than making creative decisions under financial pressure. A detailed budget is also important when determining your fee. If you\u2019re working for hire, you need to make sure that your fee will cover your production expenses and leave you with enough left over for editing and other post-production tasks. <\/p>\n\n\n\n<p><strong><em>These <a href=\"https:\/\/www.peerspace.com\/resources\/video-backdrop-ideas\/\">11 creative video backdrop ideas<\/a> are sure to inspire your next shoot!<\/em><\/strong><\/p>\n\n\n\n<!-- Begin Peerspace Banner -->\n<div class=\"banner\">\n  <div class=\"banner-text\">\n\n    \n    <h2>Book the perfect film production venue.<\/h2>\n\n    \n    \n    <p>\n      Peerspace makes it easy to book the perfect film production venue. Browse our location library and enjoy no-hassle bookings today.    <\/p>\n\n    \n    \n    <a href=\"https:\/\/www.peerspace.com\/plan\/filming\" target=\"_self\" class=\"button white cta-segment cta-banner\">Find film production spaces<\/a>\n\n    \n  <\/div>\n  <div class=\"banner-image\" style=\"background-image: url('https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/vancouver-video-photo-studio.webp') ;\">\n  <\/div>\n<\/div>\n<!-- End Peerspace Banner -->\n\n\n<h2 class=\"wp-block-heading\" id=\"Consider-the-scope-of-your-shoot-before-you-begin\">Consider the scope of your shoot before you begin<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/san-francisco-bright-spacious-workhub-meeting-1024x688.webp 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/san-francisco-bright-spacious-workhub-meeting-300x202.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/san-francisco-bright-spacious-workhub-meeting-768x516.webp 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/san-francisco-bright-spacious-workhub-meeting.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/san-francisco-bright-spacious-workhub-meeting-1024x688.jpg\" height=\"688\" width=\"1024\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/san-francisco-bright-spacious-workhub-meeting-1024x688.jpg 1024w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/san-francisco-bright-spacious-workhub-meeting-300x202.jpg 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/san-francisco-bright-spacious-workhub-meeting-768x516.jpg 768w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/san-francisco-bright-spacious-workhub-meeting.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" class=\"wp-image-66482 sp-no-webp\" alt=\"office space rental san francisco\nProduction Budget Template\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p>The budgeting process will look very different depending on the scope and scale of your production. A one-day photoshoot on a shoestring budget will have fewer variables than a 3-day video shoot for a corporate project.<\/p>\n\n\n\n<p>For longer projects, you may be better off using a budgeting program like <a href=\"https:\/\/www.eventpro.net\/\">EventPro<\/a>. For this production budget template, we\u2019ll stick to a standard spreadsheet.<\/p>\n\n\n\n<p>Start by categorizing your expenses in each stage of the project and estimating your likely costs.<\/p>\n\n\n\n<p>Typically, you\u2019ll want to break it down into three parts: <strong>pre-production<\/strong>, <strong>production<\/strong>, and <strong>post-production<\/strong>. If you have a lot of items in each category, use multiple tabs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Things-to-include-in-your-pre-production-budget\">Things to include in your pre-production budget<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/nyc-private-upper-west-side-roof-1-1024x660.webp 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/nyc-private-upper-west-side-roof-1-300x194.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/nyc-private-upper-west-side-roof-1-768x495.webp 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/nyc-private-upper-west-side-roof-1.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/nyc-private-upper-west-side-roof-1-1024x660.jpg\" height=\"660\" width=\"1024\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/nyc-private-upper-west-side-roof-1-1024x660.jpg 1024w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/nyc-private-upper-west-side-roof-1-300x194.jpg 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/nyc-private-upper-west-side-roof-1-768x495.jpg 768w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/nyc-private-upper-west-side-roof-1.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" class=\"wp-image-65262 sp-no-webp\" alt=\"private terrace upper west side\nProduction Budget Template\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p><strong><a href=\"https:\/\/www.peerspace.com\/resources\/pre-production\/\">Pre-production<\/a><\/strong> includes all of the expenses that go into the planning and preparation of your shoot: office rentals, story and script permissions, talent fees, writers\u2019 fees, etc. In film production, these are generally referred to as \u201cabove-the-line\u201d expenses.<\/p>\n\n\n\n<p>Don\u2019t leave out all of the small costs either. Do you pay for public transit when you visit a prospective location? Buy your team coffee before each meeting? These costs can add up, so keep tabs on them from the minute you start planning your shoot. They can also help justify your fees to a client if they don\u2019t understand how your process works.<\/p>\n\n\n\n<p><strong><em>Also, check out our <a href=\"https:\/\/www.peerspace.com\/resources\/pre-production-checklist\/\">pre-production checklist<\/a> to ensure a smooth start to your project!<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"What-to-include-in-your-production-expenses\">What to include in your production expenses<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-1024x683.avif 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-300x200.avif 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-768x512.avif 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-750x500.avif 750w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space.avif 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/avif\"><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-1024x683.webp 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-300x200.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-768x512.webp 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-750x500.webp 750w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-1024x683.jpeg\" height=\"683\" width=\"1024\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-1024x683.jpeg 1024w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-300x200.jpeg 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-768x512.jpeg 768w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space-750x500.jpeg 750w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/detroit-Drive-In-Industrial-Production-Space.jpeg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" class=\"wp-image-93275 sp-no-webp\" alt=\"Drive-In Industrial Production Space - Detroit\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p><strong>Production<\/strong> expenses include everything that happens on set: location fees, equipment rentals, permits, labor costs, and catering. You\u2019ll also want to have some \u201cpetty cash\u201d on hand &#8212; money that you can give to a production assistant to run to the store and pick up anything you forgot to buy beforehand.<\/p>\n\n\n\n<p>Whether you pay for everything using cash or credit, <em>always<\/em> get a line-item receipt so you can square the actual expenses with your estimates. Don\u2019t forget to factor in recoverable expenses such as security deposits for equipment or <a href=\"https:\/\/www.peerspace.com\/featured\/most-creative-production-locations\">production locations<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"What-to-include-in-your-post-production-section\">What to include in your post-production section<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Recording-Studio-Performance-Room-with-Theater-Lighting-boston-rental-1024x674.webp 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Recording-Studio-Performance-Room-with-Theater-Lighting-boston-rental-300x198.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Recording-Studio-Performance-Room-with-Theater-Lighting-boston-rental-768x506.webp 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Recording-Studio-Performance-Room-with-Theater-Lighting-boston-rental.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Recording-Studio-Performance-Room-with-Theater-Lighting-boston-rental-1024x674.jpg\" height=\"674\" width=\"1024\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Recording-Studio-Performance-Room-with-Theater-Lighting-boston-rental-1024x674.jpg 1024w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Recording-Studio-Performance-Room-with-Theater-Lighting-boston-rental-300x198.jpg 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Recording-Studio-Performance-Room-with-Theater-Lighting-boston-rental-768x506.jpg 768w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Recording-Studio-Performance-Room-with-Theater-Lighting-boston-rental.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" class=\"wp-image-19922 sp-no-webp\" alt=\"Recording Studio Performance Room with Theater Lighting boston rental\nProduction Budget Template\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p>Finally, <strong>Post-Production<\/strong> expenses cover the editing and distribution of your project. If you\u2019re shooting on film stock, you\u2019ll need to budget for development. If your project includes video, then you may need to hire an editor and soundtrack designer.<\/p>\n\n\n\n<p>Be sure to include your \u201cdeliverables\u201d or the finished copy of the project you\u2019ll provide your client. Will you send it via Dropbox Pro or purchase a USB flash drive? Are you mailing out prints to your Kickstarter supporters or to an art gallery? Keep track of your method to ensure clarity in the future.<\/p>\n\n\n\n<p>In the film world, production and post-production costs are considered \u201cbelow-the-line\u201d expenses. It\u2019s standard to include a 10% contingency for unanticipated expenses, such as paying for damaged equipment or scheduling re-shoots. It would be best if you also planned to cover reimbursements for any costs your team paid for out-of-pocket.<\/p>\n\n\n\n<p><strong><em>Discover <a href=\"https:\/\/www.peerspace.com\/resources\/video-production-blogs\/\">our favorite video production blogs<\/a> for more ideas and inspiration!<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"A-sample-production-budget\">A sample production budget<\/h2>\n\n\n\n<p>With that in mind, let\u2019s take a look at a sample production budget template:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-1-1.webp 986w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-1-1-300x113.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-1-1-768x290.webp 768w\" sizes=\"auto, (max-width: 986px) 100vw, 986px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-1-1.png\" height=\"372\" width=\"986\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-1-1.png 986w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-1-1-300x113.png 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-1-1-768x290.png 768w\" sizes=\"auto, (max-width: 986px) 100vw, 986px\" class=\"wp-image-1101 sp-no-webp\" alt=\"sample production budget\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p>Let\u2019s say that this project is a promo video for a friend\u2019s business. You\u2019ve offered to shoot it for them over two days with a budget of around $2,000. You and your crew are working pro bono, so your major pre-production fees are the talent, the storyboard artist, and an office rental so you can have one 4-hour production meeting.<\/p>\n\n\n\n<p>Your spreadsheet should include the cost of each item\u2019s base rate and the quantity. That way, if anything changes, you can easily calculate the new total. For example, the actors are being paid by the day, so a 2-day or a half-day rate is easy to tabulate.<\/p>\n\n\n\n<p>Don\u2019t forget to leave a column for your <em>actual<\/em> expenses so you can keep an eye on any categories that are going over budget.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-2-1024x260.webp 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-2-300x76.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-2-768x195.webp 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-2.webp 1214w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-2-1024x260.png\" height=\"260\" width=\"1024\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-2-1024x260.png 1024w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-2-300x76.png 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-2-768x195.png 768w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-2.png 1214w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" class=\"wp-image-1103 sp-no-webp\" alt=\"sample production budget\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p>For the production costs, your major expenses are locations, equipment, insurance, and catering. You\u2019ve checked with your cinematographer to see what equipment you need to rent, and you have a quote from the location and the caterer. You\u2019re still waiting to hear back about insurance, so you\u2019ve left that blank for now but will fill it in later.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-3-1024x280.webp 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-3-300x82.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-3-768x210.webp 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-3.webp 1206w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-3-1024x280.png\" height=\"280\" width=\"1024\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-3-1024x280.png 1024w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-3-300x82.png 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-3-768x210.png 768w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/02\/budget-3.png 1206w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" class=\"wp-image-1104 sp-no-webp\" alt=\"sample production budget\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p>In this case, post-production costs will be pretty easy to estimate. Your editor has given you a flat rate for audio and video editing. They have also agreed to include 5 DVDs for you to give to the client. You\u2019ve even built in a 10% contingency fund for unanticipated costs.<\/p>\n\n\n\n<p><strong><em>Learn the answer to <a href=\"https:\/\/www.peerspace.com\/resources\/whats-like-an-airbnb-for-film-locations\/\">what&#8217;s like an Airbnb for film locations?<\/a><\/em><\/strong><\/p>\n\n\n\n<!-- Begin Peerspace Banner -->\n<div class=\"banner\">\n  <div class=\"banner-text\">\n\n    \n    <h2>Book the perfect film production space.<\/h2>\n\n    \n    \n    <p>\n      Peerspace makes it easy to book the perfect film production venue. Browse our location library and enjoy no-hassle bookings today.    <\/p>\n\n    \n    \n    <a href=\"https:\/\/www.peerspace.com\/plan\/filming\" target=\"_self\" class=\"button white cta-segment cta-banner\">Find film production spaces<\/a>\n\n    \n  <\/div>\n  <div class=\"banner-image\" style=\"background-image: url('https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/2019\/03\/b7-1.webp') ;\">\n  <\/div>\n<\/div>\n<!-- End Peerspace Banner -->\n\n\n<h2 class=\"wp-block-heading\" id=\"Keep-track-of-your-expenses-by-calculating-estimates\">Keep track of your expenses by calculating estimates<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental-1024x683.webp 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental-300x200.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental-768x512.webp 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental-750x500.webp 750w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental.webp 1400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental-1024x683.jpg\" height=\"683\" width=\"1024\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental-1024x683.jpg 1024w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental-300x200.jpg 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental-768x512.jpg 768w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental-750x500.jpg 750w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Hype-House-ATX-for-Film-austin-rental.jpg 1400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" class=\"wp-image-59500 sp-no-webp\" alt=\"Hype House ATX for Film austin rental\nProduction Budget Template\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p>Some elements of the budget will be simple to calculate. If you\u2019re renting a location, you can multiply the location fee by the number of hours or days you\u2019ll be at that location.<\/p>\n\n\n\n<p>Others may take a little more work to figure out, such as calling around for quotes for insurance or equipment rentals. If you have a large team, sit down with the head of each department to discuss their anticipated expenses. Your art designer may be in a better position than you to estimate how much they\u2019ll need for costumes and decor.<\/p>\n\n\n\n<p>If you\u2019re looking to keep your expenses low or get your needs met all in one place, consider booking a location through Peerspace. You&#8217;ll find <a href=\"https:\/\/www.peerspace.com\/plan\/production\">thousands of exceptional production locations<\/a> in your desired location. You can find venues that are total blank spaces or already decked out to the max. <\/p>\n\n\n\n<p>Plus, your venue&#8217;s local host may be able to arrange for catering, furniture and equipment rentals, and more. They are always just a message away, so contact them with any questions or requests and they will do what they can to oblige.<\/p>\n\n\n\n<p><strong><em>You need to bring these <a href=\"https:\/\/www.peerspace.com\/resources\/music-video-ideas\/\">10 cool music video ideas<\/a> to your next shoot!<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Peerspace-filming-locations-to-help-you-maintain-your-budget\">Peerspace <a href=\"https:\/\/www.peerspace.com\/plan\/film-studio\">filming locations<\/a> to help you maintain your budget<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental-1024x696.webp 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental-300x204.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental-768x522.webp 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental-1536x1044.webp 1536w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental.webp 1960w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental-1024x696.jpg\" height=\"696\" width=\"1024\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental-1024x696.jpg 1024w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental-300x204.jpg 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental-768x522.jpg 768w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental-1536x1044.jpg 1536w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/Airy-Bohemian-1910-Victorian-Home-in-Stoneham-boston-rental.jpg 1960w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" class=\"wp-image-76621 sp-no-webp\" alt=\"Airy, Bohemian 1910 Victorian Home in Stoneham boston rental\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p>When you book a production location on <a href=\"https:\/\/www.peerspace.com\/plan\/video-studio\">Peerspace<\/a>, you never have to sacrifice your creative vision for budgetary constraints. As we mentioned, Peerspace is extremely simple to use and each production location lists its price upfront. <\/p>\n\n\n\n<p>So what exactly is available on Peerspace for you to utilize? <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Here are a few of our favorite production locations available on our platform:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>This <a href=\"https:\/\/www.peerspace.com\/pages\/listings\/618f2d68bdb172000d292d82\">airy, bohemian Victorian home<\/a> in Boston, MA (pictured above) with colorful boho decor, 2,400 square feet of space, and $150 per hour.<\/li>\n\n\n\n<li>This <a href=\"https:\/\/www.peerspace.com\/ca\/pages\/listings\/63656676ab68cd000ef681d3\">beautiful pilates, yoga, and fitness studio<\/a> in Toronto, ON with state-of-the-art equipment, 1,200 square feet of space, and $29 per hour.<\/li>\n\n\n\n<li>This <a href=\"https:\/\/www.peerspace.com\/pages\/listings\/5e1ddbdff670ae000db57bec\">production studio with a green screen<\/a> in Rochester, NY with equipment, parking, garage access, and 3,000 square feet for $125 per hour.<\/li>\n\n\n\n<li>This <a href=\"https:\/\/www.peerspace.com\/pages\/listings\/5f8c9b6698cca7000ca1d415\">upscale loft studio<\/a> in Chicago, IL with multiple sets, a cyc wall, lots of equipment and backdrops, and 2,200 square feet of space for $75 per hour.<\/li>\n\n\n\n<li>This <a href=\"https:\/\/www.peerspace.com\/pages\/listings\/61d0cbc0bdb172000d34900d\">DTLA loft with skyline views<\/a> in Los Angeles, CA with a green screen, white and black backdrops, speakers, and freight elevators in 400 square feet and $30 per hour. <\/li>\n\n\n\n<li>This <a href=\"https:\/\/www.peerspace.com\/pages\/listings\/6469bd8f839b32000e7a8c17\">downtown luxury showroom<\/a> in Seattle, WA filled with couture fashion, lots of lights, storage spaces, and a bar area in 3,000 square feet of space at $40 per hour<\/li>\n\n\n\n<li>This <a href=\"https:\/\/www.peerspace.com\/pages\/listings\/63f2a9cb0959e0000e78f066\">downtown loft with industrial vibes<\/a> in Dallas, TX with high ceilings, concrete floors, and pillars in 700 square feet of space and $70 per hour.<\/li>\n<\/ul>\n\n\n\n<p>And that&#8217;s only the tip of the iceberg! As you can see, Peerspace can link you up with <a href=\"https:\/\/www.peerspace.com\/plan\/filming\">professional filming spaces<\/a> that can cost $30 per hour or even less. It&#8217;s easy to maintain your production budget when you book an incredible filming location that already includes the equipment and amenities you need!<\/p>\n\n\n\n<p>And if you book a Peerspace production venue that lacks anything you <em>do<\/em> need, consult your chosen venue&#8217;s host. Since many work in film or photography themselves, they have local connections that can serve to enhance your project. It&#8217;s just another aspect of the Peerspace platform that makes tackling creative projects affordable and easy!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Production budget template: conclusion<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><picture><source srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1-1024x683.webp 1024w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1-300x200.webp 300w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1-768x512.webp 768w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1-750x500.webp 750w,https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" type=\"image\/webp\"><img src=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1-1024x683.jpg\" height=\"683\" width=\"1024\" srcset=\"https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1-1024x683.jpg 1024w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1-300x200.jpg 300w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1-768x512.jpg 768w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1-750x500.jpg 750w, https:\/\/www.peerspace.com\/resources\/wp-content\/uploads\/chicago-video-production-space-1.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" class=\"wp-image-60645 sp-no-webp\" alt=\"Production Budget Template\" loading=\"lazy\" decoding=\"async\"  > <\/picture><figcaption class=\"wp-element-caption\">Source: Peerspace<\/figcaption><\/figure>\n\n\n\n<p>A solid budget is a must for any professional project, regardless of the size. Even if your shoot is small and you don\u2019t think you need a budget, it\u2019s good practice to get in the habit, so you\u2019ll be more comfortable working with numbers on larger productions later on.<\/p>\n\n\n\n<p>You can tailor this production budget template to any basic photo or video shoot. Consider using software like <a href=\"https:\/\/www.ep.com\/movie-magic-budgeting\/\">Movie Magic<\/a> for more advanced projects, which has tools to calculate union rates for cast and crew and other industry-standard expenses. <\/p>\n\n\n\n<p>Once you have your production budget rangled, it&#8217;s time to move on to the best part: producing content! Start with the pre-production aspects, like location scouting for perfect <a href=\"https:\/\/www.peerspace.com\/plan\/video-shoot\">video shoot locations<\/a> courtesy of Peerspace. We make it easy to discover and rent hidden gem spaces that suit any aesthetic and budget. And since Peerspaces are owned by local hosts, many of whom are in the industry, you always have an ally on your side if you have any questions or requests. <a href=\"https:\/\/www.peerspace.com\/\">Head to our platform<\/a> now, enter your search details, and start browsing your area&#8217;s incredible creative venues!<br><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong><em><a href=\"https:\/\/www.peerspace.com\/plan\/filming\">Find unique film production spaces on Peerspace<\/a><\/em><\/strong><\/h2>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A production budget template makes it easy to keep your project on track. If you\u2019re a photographer or videographer, there\u2019s a good chance that colors and camera angles excite you while numbers make your head spin. For many of us creative types, the last thing we want to worry about when planning a shoot is<\/p>\n","protected":false},"author":1,"featured_media":1106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"We want to make it easy for you to keep track of your expenses. Here's a sample production budget template you can use for your own shoots!","footnotes":""},"categories":[428],"tags":[21,611,47,309,1159,595,382,33,36,4,66,67,7,52,1063],"cohorts":[1335],"class_list":["post-1099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-filmmaking","tag-event-budget","tag-film","tag-film-production","tag-filmmaking","tag-filmmaking-inspo","tag-films","tag-how-tos","tag-photographer","tag-photographers","tag-photography","tag-photoshoot-ideas","tag-photoshoots","tag-production","tag-production-budget","tag-signupoffer"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>This Production Budget Template Will Save Your Life - Peerspace<\/title>\n<meta name=\"description\" content=\"We want to make it easy for you to keep track of your expenses. 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