Out of all of the factors that help boost the success of any Lakeland video production, the budget will always be one of the most important. While this is not the deciding factor between a failed video and a successful one, there is no denying the fact that this plays a huge role in how well a production project will go.
After all, you cannot execute any of your ideas without a budget to help you set them up. One of the most important things that your budget will help with is the equipment that will be used during the production.
Many newer production teams make the mistake of allocating all of their budget to the equipment, leaving nothing for the rest of the project. To help you avoid this issue, here are some tips that can help you budget for equipment for your Lakeland video production project.
Look at what you have
The reason why many production teams overshoot their budget on equipment is that they tend to want to spend their money on the latest gear available on the market. The problem with this is that it is very rare that you need the latest tech in video production.
More often than not, you will end up paying more without really getting the full value of the gear that you just bought. To avoid this, take stock of your current inventory of gear and try to see if your gear needs the upgrade. Upgrading does not mean having to pay for the most expensive camera on the market, you can even settle for last year’s model or a mid-range one if it suits your needs.
Always consider the other accessories and gear
Another important thing that you need to think about when you’re looking to buy gear for your Lakeland video production team is the other accessories that are associated with this. It is easy to assume that you only need to budget for the camera or lens that you have your eye on, but remember that your gear needs more than that to get running.
Lights, batteries, cords, memory storage, and other similar accessories are a very important thing that you need to include in your budget plan every time you start planning for an equipment upgrade. The last thing that you want is to spend all of your money on an upgrade, only to find that there is a certain accessory that you need ASAP, but there is nothing left in the budget for it. Learn to set some money aside for unexpected expenses.