| All productions, whether
for new media, broadcast or corporate markets are built and planned
around budgets and they determine how much time, expense and manpower
can be invested into a project. Effective budgeting is essential in
order to run any type of business efficiently and the future of a
company and its reputation can depend on it. Thorough research and
financial planning, together with good project management skills and
creative thinking, can make the difference between the success or
failure of your project.
If your budget is calculated incorrectly you may end up eating
into your profits to finish the project, be unable to complete the
commission or production and it may mean losing your client or your
reputation, so it is essential to get it right.
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