Forum Replies Created

  • Jamey Durham

    May 9, 2010 at 11:09 pm in reply to: % of Net Profit to New Equipment/Marketing

    After years of doing this part time I am in the process of launching a full time video business.
    After expenses of paying crew, rentals, etc. my plan is
    1. Pay myself 30%
    2. Invest 30% back into my business
    3. Save 30% for taxes.
    4. Have 10% for misc.

    Investing includes marketing, new equipment, trade shows, etc.
    I think in a start up business situation you might need to allocate more to marketing.

    I would look online for a used arri kit, they are durable.
    I just finished the Dave Ramsey class by the way.

    JD

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