BUSINESS IDEA FOR VIDEO FILMING
Introduction
The moving images have almost replaced the conventional still photographs with people opting for films of social gatherings, religious, political and marriage functions, etc. The technological advancement has brought the video close to people, which has led to tremendous growth of video studios centers even in small towns and villages. What is envisaged is the setting up of a video filming centre to capture moments that arise from such gatherings. The project cost is-US$171,354 and estimated annual revenue is US$200.
Production Process, Capacity and
Technology
The operating process involves simple steps. However, much depends upon the skill and acumen of the person handling the camera. Equipment; Video Recording Equipment is bought and put in place. Trained and specialized cameramen take the positions of manning this equipment. It is not easily quantifiable as this depends on a number of factors including the quality of the recordings being given out, the charges, etc.
Market Analysis
The use of electronic media has created a favorable climate for filming of all programs and events among all sections of people in the society. This can be done to generate higher incomes even in rural areas. Advertising is needed for this project to quickly pick up demand. The firms involved are wide spread all over the Country.
Capital Investment Requirement in US $
|
Item |
Units |
Qty |
Price |
Total cost |
|
VHS/SVHS Video camera |
No |
1 |
3,000 |
3,000 |
|
Lighting |
No |
2 |
500 |
1,000 |
|
External microphones |
No |
2 |
250 |
500 |
|
Computers |
No |
1 |
350 |
350 |
|
Computer soft ware |
No |
1 |
250 |
250 |
|
Labeling machine |
No |
1 |
350 |
350 |
|
Camera accessories |
No |
1 |
500 |
500 |
|
CD burning/ recording deck |
No |
1 |
250 |
250 |
|
Editing Gadgets |
No |
1 |
250 |
250 |
|
Other Equipment |
No |
1 |
750 |
750 |
|
Total cost of tools & Equipment |
4,200 |
1. Production costs assume 312 days
per year with daily capacity of 2 video coverage
2. Depreciation (fixed asset write off) assumes 4 year life of assets written
off at 25% per year for all assets.
3. Direct costs include: materials,
supplies and all other costs incurred to produce the product.
4. A production month is 26 work days
5. Currency used is US Dollars.
Production and Operation costs in US $
Direct Materials, Supplies and costs
|
Cost Item |
Units |
Unit |
Qty |
Prod |
Prod |
Prod |
|
Direct Costs |
||||||
|
VHS/SVHS |
No |
10 |
24 |
240 |
6,240 |
74,880 |
|
VHS/SVHS |
No |
1.5 |
48. |
72. |
1,872 |
22,464 |
|
Batteries |
No |
10. |
3. |
30 |
780 |
9,360 |
|
Chemicals |
Ltrs |
50 |
3. |
150 |
3,900 |
46,800 |
|
Sub-total |
492 |
12,792.0 |
153,504 |
|||
|
General Costs (Overheads) |
||||||
|
Labour |
600 |
7,200 |
||||
|
Selling & distribution |
300 |
3,600 |
||||
|
Utilities (Water, power) |
200 |
2,400 |
||||
|
Rent |
200 |
2,400 |
||||
|
Miscellaneous expenses |
100 |
1,200 |
||||
|
Depreciation |
88 |
1,050 |
||||
|
Sub-total |
1,488 |
17,850 |
||||
|
Total Operating Costs |
14,279.5 |
171,354 |
Project product costs and Price Structure in US $
|
Item |
Qty |
Qty |
Unit |
Prod |
Unit |
Total |
|
Videos, |
2 |
624 |
274.6 |
171,354 |
300 |
187,200 |
Profitability Analysis in US $
|
Item |
Per |
Per |
Per year |
|
Revenue |
600 |
15,600 |
187,200 |
|
Less: Production and operating |
549 |
14,280 |
171,354 |
|
Profit |
51 |
1,321 |
15,846 |