I haven’t read anyone else’s response yet but if you’re concerned about the cost of a couple posts and stands for a background, you are already doomed.
You need to stop all production work and go to business school for 4 years.
Once you have a location, things get VERY expensive. Nick Griffin wrote an article on “The True Cost of Doing Business” for the COW. You need to read that.
hint: We are a company of myself and two full time employees. Our annual cost for office expense averages $2300. In the 28 years I have been in business, we have spent over $300,000 on video tape.
Our company is attached to our home in an estate neighborhood and has been since January 1998. We spent $200K on building and outfitting the studio and my accountant says that we have saved over $750k by having the studio here instead of somewhere else. Which means, If I were operating somewhere else, I would have had to make $750k more than I did, just to be where I’m at now, financially.
If you were telling us that you had ton of business and you were being overwhelmed with long term contracts, I would say Go For It. But don’t let a couple good jobs convince you that the work will keep coming.
Good luck though, on whatever you decide.
Do not start a business on credit card debt.
Steve Wargo
Tempe, Arizona
It’s a dry heat!
Sony HDCAM F-900 & HDW-2000/1 deck
5 Final Cut (not quite PRO) systems
Sony HVR-M25 HDV deck
2-Sony EX-1 HD .
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