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Post Business
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Generally speaking, FCP and AVID bays that only cut DV or HDV are so cheep to set up and run that the rental demand for these suites is very low. Why would I spend $3000 for two weeks in your bay, when that is half the cost of setting up my own.
To be considered as a viable rental facility, I would expect you to have several flavors of HD decks, as well as Digi-Beta, Beta, Broadcast monitors, external waveform, etc…
The DV only edit bay can work as a rental bay, but for a much lower price.
Adam
Adam Duplay
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True but i am also offering a profesional place to work that includes a kitchene and other furniture plus broadband connection. It beats workinh in someones house,me thinks.
Richard
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Richard,
You don’t have a viable business model. As others have said, you have to add value. What market are you in? Do a search in your local papers and CraigsList for your area. You can find folks renting out FCP rooms for next to nothing! You need to do your research in your local market.
We have a lot of FCP / Avid rooms that switch what they are depending upon the startup drive you use. We also have all the facilities a producer could need from hi bandwidth internet to a FAX machine, copier, conference room, receptionist, Tape Vault, etc.
We also have all flavors of decks, in house talent for graphics, audio, offline and online editing. Don’t forget shared storage for those jobs that need more than one system.
Most important, we have the tech staff to fix any issues that come up and we have redundancy in equipment to get a session back up and running in short order if something dies.
And ALL of that is provided in the range you are talking about billing. I don’t know your market, but I doubt you will get anywhere near that amount without all the above. And that is a big nut to carry every month.
Terence Curren
http://www.alphadogs.tv
http://www.digitalservicestation.com
Burbank,Ca -
[Richard Cardonna] “True but i am also offering a professional place to work that includes a kitchen and other furniture plus broadband connection. It beats working in someone’s house, me thinks.”
This is hardly a compelling enough reason to think that it will draw a steady source of income, especially when you are aiming for the DV/HDV market segment. As Adam and others have said, it takes very little time in your suite to pay for most or all of their own set-up.
You’d have to have some mighty nice furniture and one of those dream kitchens on the HGTV channel — oh, and Chef Emeril from the Food Network popping in to entertain and cook for your clients — to give a compelling enough reason to draw a crowd.
It’s the “value add” as others here have said, and when considering what value adds most people are looking for, it is the heavyweight gear that most people don’t own — the HD and DigiBeta gear, etc. — not fancy furniture that they want. Oh, they want the nice furniture but only as the icing — first, you have to give them the cake.
I don’t doubt that you could rent out your studio from time to time but I highly doubt that the present recipe is going to be a formula for financial recovery of expenses, let alone one for financial independence.
Just my two cents,
Ron Lindeboom
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a bigger bang for the buck cannot be had than a nice FCP suite.
Because it does what it advertises (bonus) and because it can grow as your needs grow without a do-over, it somply is the wisest decision one can make with almost any work flow.
It sounds like your wanting to be middle man so stability is a great assest. Offering some offlining with a used (and very cheap) Meridien-based Avid may be the perfect way to test the waters. Maintenance is a non-issue. If it became one, just hit ebay and replace the thing, billing it back the very next week. You could then market a nice fcp online suite to accent that offline suite.
Double billing rules.
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Thanks all for your input. I will carefuly consider your thoughts and experiences in my final decsion.
Thanks
Richard
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