Many creators overlook the full scope of production expenses, leading to financial shortfalls. Always itemize every detail from crew salaries to equipment rentals.
Post-production is a vital phase that often gets neglected in budgeting. It's crucial to allocate sufficient funds for editing, color correction, sound design, and visual effects.
Unexpected costs can arise during video production. It’s wise to set aside a contingency fund, typically 10-20% of the overall budget, to handle any surprises.