A production budget determines the amount of money to be invested in a production project. To make a production budget, the cost of manufacturing each unit is estimated and taken into account. The structure of the cost is divided into above-the-line and below-the-line. Production budget templates are used to make these budgets.
11+ Production Budget Templates
1. Production Budget Template
A production budget determines and estimates the expenses to be incurred while producing a video, audio or audio-visual project. Use this Production Budget Template in Word to create the appropriate budget for your production project. To use this file, you can download this file in Google Docs, Google Sheets, Word, Pages, Numbers, or Excel format. This file is also editable.
2. Video Production Budget Template
3. Sample Production Budget Template
A budget is a necessity for any production project and hence, you need to have a clear idea of how to make it. If you are struggling with this task, you can make use of this film budget template. By downloading this template you get access to a ready-made file featuring a sample documentary budget.
4. Production Budget Example
Any great production project starts with the creation of a sound budget. The budget is one of the most effective planning tools. And you can make one for your own project with the help of this example of a production budget. This file contains original suggestive content. The file is also editable so you can customize it to make a customized film budget.
8 Steps On Constructing a Production Budget
Step 1: Calculate Investment for Raw Materials
The raw materials constitute the units required for the manufacturing of goods. Calculating the finances required for the raw materials should be your first and foremost priority. This is because the raw materials are the factors determining the production of said goods.
Step 2: Define the Units of Labor
Manpower is required for the production of any good or service. You need to define the units of labor that your project will require and then estimate the finances related to them. This includes the wages or salaries that you need to pay them as well as the cost of hiring people if required.
Step 3: Determine Every Day Expenses
Next, you need to make a list of everyday expenses that will be and could be incurred. This includes two basic costs: everyday traveling costs and money spent on food. It also includes the rent of the place you will be staying at if there is any.
Step 4: Anticipate Emergency Expenses
Emergency expenses are something that you cannot determine at the moment. This can include unfortunate situations or circumstances such as accidents, natural disasters, etc. These situations are unforeseen and cannot be forecasted accurately. But you have to at least anticipate them and make a different list.
Step 5: Determine the Income Generation
The next step is to determine the estimated income you are going to generate from each unit of production. Besides the regular wages, add to this list any extra funds that might come your way.
Step 6: Set Payoff Goals
To determine reasonable savings and debt payoff goals, you need to figure out if you have a budget deficit or overpayment. There might also be equipment that you have hired for the production process for which you needed to take loans. That is why you need to set payoff goals.
Step 7: Keep Track of Progress
Once you have made the budget, make sure to follow it and stick to it. Keep a record of all your income and expenses to stay on top of your budget. This will help you keep track of your progress.
Step 8: Be Realistic
Finally, keep in mind to make the budget realistic. Don’t overestimate or underestimate any of the finances. Prepare the budget to follow it as closely as possible. Also, breaking the budget occasionally is okay as long as you come back to it again.
5. Simple Production Budget Template
This production budget template features a file containing an example of theatre and performance art project budget. With the help of this file, you can make the production budget for your project easily and quickly. This free budget template also contains original suggestive headings and content such as project expenses, production expenses, marketing expenses, etc.
6. Pre Production Budget Template
Budget preparation for a production project especially for an audio-visual project is done in three parts: pre-production budget, production budget, and post-production budget. If you are having difficulty in making the pre-production budget then you need to download this file. This Pre Production budget sample template is specifically designed for that purpose.
7. Basic Production Budget Template
With our Basic Production Budget Template, you can get access to a sample of tomato production enterprise example featuring suggestive headings such as income, total income, direct expenses, total direct expenses, and so on. To avail of this file, you need to click on the download button now. This file can also be used as a sample company budget.
8. Formal Production Budget Example
Making the budget for a production project is a serious task. The document needs to have a formal and professional tone. This production budget example is made specifically for that purpose. By downloading this file, you get access to a free-range chicken enterprise budget. The file is editable so it can also be used as a manufacturing budget template.
9. Printable Production Budget Template
This free Printable Production Budget Template is the solution to all your production finance problems. Download this template to avail of a ready-made template document that you can use and customize instantly. All you need to do is fill or replace the blanks as necessary. The file is available in PDF format.
10. Production Budget in PDF
If you are one of those people who have never previously managed the cash for a project, preparing a production budget may seem like a rather exhausting effort. But not to worry, the Production Budget in PDF can assist you and curtail your difficulty. To avail of this file, you have click on the download icon beside the file.
11. Daily Production Budget Template
This Daily Production Budget Template is here to assist you to get off on the right economic foot. With the help of this file you can make the budget for your production project easily and efficiently. Download this template in PDF form now to help you out. This file is also fully customizable and can also be use as a movie budget template.
12. Professional Production Budget Example
Worried about balancing and managing the various expenses of your production project? Don’t fret anymore, just download this Professional Production Budget Example. This free corporate budget template provides a sample to follow on how to create a production budget. The file is available to be downloaded in PDF format.