This paper will cover the “ins and outs” of creating and operating a successful production company in NYC. The paper must educate a “complete novice” to an advance operating knowledge level. … The paper most address key terms and their processes in relationship to a production company. A production companies services responsibility, duties, deliverable, benefits/tax breaks, sales, lead generation, permits, accounts payable/receivable, lead sources of income, profits, rentals, facilities, team sizes, production members, pipeline, production process, etc. ….
1. What are production companies/agencies? (Film,Photo) – What is the business structure? – What are the different types? – What are the difference between the types? – What collective and different service do they offer? – How are deliverable’s aired, the process to which it is planed, produced, and finally seen by consumers? …
2. What is needed to Create/Start a production company?(Separate by production company types) – What are the minimum to average employee sizes? – What are the positions roles, responsibilities, and hierarchy? – What employee positions are imperative to operate a successful production company? …
3. What is the current success rate of production companies in the Northeast region of the United States? (Compare to NYC) – What is the ratio and charted rate of success to failure for production companies? (1999-2016) – What is the projected rates of success to failure for production companies (2017-2023, 15yrs) – How many production companies have failed/closed in New York City? (2010-2016, w. causes) – How many production companies are currently located and/or operating in NYC Tri-state area? – What are the pitfalls/trip-ups to this type of business? – What should business owners be aware of before starting, as well as a year in? – There an advantages to team/crew sizes small V.s. large? (Define team sizes and roles) …
4. What are the production types, and their respect process? – How long on average does a production take from planning phase? (rough estimates per-type) …
5. What’s the relationship between Production companies and broadcasters? I.e. Television, Cable/Satellite networks, Streaming, Mobile,Web, Netflixs, Tidal, Etc… …
6. Where do Production companies create the bulk of their income and profits? – What make a successful production company? …
7. How do production companies gain clients and growth? – Are there outside companies that offer service for production companies that assist in customer services, leads acquisition, etc? – Are there any successful production companies offering marketing, advertising, and branding services? …
8. What questions would an investor and business partner have, with respectful answers.
