Secure financial resources for film or television productions

This
Standard covers the procedures behind securing funding for the production. 

It
is necessary to identify which funding sources are realistically available to
you and/or the production company. These could include sponsorship, product or
prop placement, crowd funding, tax breaks, national or regional financial
incentives or co-production treaties.

You
will need to know how to budget a production, and be aware that an initial
budget may have cuts enforced upon it.

Financial
resources could be for development funding and/or funding for some or all of
the production depending on the circumstances and constraints in place.

This
Standard is for those involved in securing production financing.

1. evaluate
   all available evidence to ensure projected costings are accurate

2. base
   decisions about securing financial resources on available financial
   information  and production requirements

3. consult
   experts at appropriate times to verify production details 

4. use
   reliable sources of information to research and identify possible investors and
   relevant forms of funding for productions

5. identify
   valid tax breaks and financial incentives which may be available to the
   production company

6. collaborate
   with potential co-production companies at appropriate times to secure funding
   from outside the UK

7. specify
   criteria and procedures to be followed for contingency purposes in accordance
   with organisational requirements

8. check
   that all necessary documentation relating to planned productions is presented
   in line with organisational requirements 

9. make a
   case for funding that promotes understanding and highlights clear advantages to
   investors

10. identify
    areas of budgets which can be negotiated or relinquished in order to secure
    funding

11. check
    that any funding proposals meet planned objectives, targets and are in line
    with specific broadcaster tariffs

12. negotiate
    financial arrangements and production rights to ensure the best deal for productions
    and the production company

13. hold
    and maintain records on all contracts and agreements in line with
    organisational requirements

14. approach
    distributors and sales agents for expertise on market and audience viability at
    the earliest opportunity

15. include valid information about market and audience viability in finance
    packages