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Thread: Beginning A Video Production Company

  1. #1
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    Default Beginning A Video Production Company

    Hey there everyone...

    I've been an amateur Video Editor for about 5 years now, doing most of my own filming and DVD authoring but I'm looking at taking it to the next stage and setting up a small, local company which will offer a specialist service to Churches and like-minded events in Mid-Sussex.

    I have a decent amount of equipment (including Sony PDx-10, various Sony & Rode microphones and a separate PC for for editing), a website on the build, a second camerawomen (;]) when I need another camera and a lovely Adobe Suite for my editing.

    I know it's extremely simple to say "I'm an editor looking for work"...heck any body can go around saying that. But I want to do this properly (and yes, legally!!) so I'm looking for all you professionals out there who have their own businesses to give me some tips on setting up the actual company. Obviously copyright for music is a big issue, filming licenses and any other certificates I need are what I am really confused about. The company itself will start off with no charge as I build up my client list locally, but I still need to have in mind registering the company officially.

    Thanks for all your help.
    Ben
    www.nothingissound.co.uk // http://www.youtube.com/user/truebassist

    Sony DSR-PDX10 // Sony Wide Angle Conversion Lens 0.7x // Sony ECM-NV1 // RØDE NTG-1 // Dolly [coming soon]

    Adobe CS4 Master Suite // MacBook Pro Alu 2.4Ghz

  2. #2
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    Default

    Take this with a pinch as i am no thatcherite capitalist...

    DONT EVER work for nothing. Given the expirience you have and the decnet equipemtn ( i love pdx10s ) and you clear ambition to approach this professionally dont sell yourself short.

    Given the apalling state of the wedding market - full of no hopers ripping people off - you should do very well, but perhaps if you offer to work for free people will put you in the no hoper box ? ? ?

    Seek further advice as like i said i am no expert.

  3. Default

    Try mandy.com and gumtree.com and then perhaps you could get a part-time job and network with people in the biz as a part-time runner or an editor assistant - whilst running a side business.

    Make wedding films and eventually someone will see your work, maybe, on the web or something.

    Other wise, I don't know the secret to getting work because I would like to get a business up and running myself.

  4. #4
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    Quote Originally Posted by Mark W View Post
    Take this with a pinch as i am no thatcherite capitalist...

    DONT EVER work for nothing. Given the expirience you have and the decnet equipemtn ( i love pdx10s ) and you clear ambition to approach this professionally dont sell yourself short.

    Given the apalling state of the wedding market - full of no hopers ripping people off - you should do very well, but perhaps if you offer to work for free people will put you in the no hoper box ? ? ?

    Seek further advice as like i said i am no expert.
    Thanks for the encouragement!!!!!

    I was planning on doing some work for free first of all as I thought it would be a great way to build up a client base rather quickly. Hopefully people will be more attracted to non-existent price tag rather than one at all (although the whole point you raised about no hoper is a big problem there!)

    Once again thanks!
    www.nothingissound.co.uk // http://www.youtube.com/user/truebassist

    Sony DSR-PDX10 // Sony Wide Angle Conversion Lens 0.7x // Sony ECM-NV1 // RØDE NTG-1 // Dolly [coming soon]

    Adobe CS4 Master Suite // MacBook Pro Alu 2.4Ghz

  5. #5
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    Default

    Quote Originally Posted by CharlieEdwards View Post
    Try mandy.com and gumtree.com and then perhaps you could get a part-time job and network with people in the biz as a part-time runner or an editor assistant - whilst running a side business.

    Make wedding films and eventually someone will see your work, maybe, on the web or something.

    Other wise, I don't know the secret to getting work because I would like to get a business up and running myself.
    Good idea! My uncle works in the main studio at GMtv as Head of Cameras and I've done a bit of work with him in studio and on location so there might possibly be a route in as a runner there. I had great fun messing around in the editing suite

    I'm feeling as if leaning towards weddings would be the wrong type of move for me at the moment as I don't think my organisational and artistic skills (in terms of shooting and framing shots) is quite high enough to produce something as high quality as a wedding video. It would be an immense amount of pressure and I would be scared of ruining the memory for the couple!!!!!

    Still, posting a lot of clips of my work on my site and advertising that sound like a fantastic idea! Thank you!
    www.nothingissound.co.uk // http://www.youtube.com/user/truebassist

    Sony DSR-PDX10 // Sony Wide Angle Conversion Lens 0.7x // Sony ECM-NV1 // RØDE NTG-1 // Dolly [coming soon]

    Adobe CS4 Master Suite // MacBook Pro Alu 2.4Ghz

  6. #6
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    Quote Originally Posted by TrueBassist View Post
    ...so I'm looking for all you professionals out there who have their own businesses to give me some tips on setting up the actual company...
    Ben, I'm jumping to a conclusion here, perhaps mistakenly, but if you're referring to setting up a limited company, DON'T DO IT. It's a very easy thing to set up and a bloody nightmare to administer. It requires accountants, PAYE and a shed load of paperwork, I kid you not. Unless your turnover is in excess of £50k per year, steer clear of that and just do it as a sole trader.

  7. #7
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    Andy, thanks...that's one of the things I was struggling with. I have very little experience in this area (apart from a Business Studies GCSE!!) but I was thinking that a sole trader would give me much more flexibility in the long term!
    www.nothingissound.co.uk // http://www.youtube.com/user/truebassist

    Sony DSR-PDX10 // Sony Wide Angle Conversion Lens 0.7x // Sony ECM-NV1 // RØDE NTG-1 // Dolly [coming soon]

    Adobe CS4 Master Suite // MacBook Pro Alu 2.4Ghz

  8. Default Limited

    Hi, Newb here but hoping to become more full-time member.

    Just to let you know, rules on limited companies have changed and you can now register as a dormant limited company which means your name is protected through limited status but you don't need to do as much paperwork - just post back one form a year saying your still dormant as a limited company but you can trade as a sole trader still ! Best of both worlds !! I think ?? :0)

  9. #9
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    Quote Originally Posted by Goldfinger View Post
    Hi, Newb here but hoping to become more full-time member.

    Just to let you know, rules on limited companies have changed and you can now register as a dormant limited company which means your name is protected through limited status but you don't need to do as much paperwork - just post back one form a year saying your still dormant as a limited company but you can trade as a sole trader still ! Best of both worlds !! I think ?? :0)
    Registering a dormant limited company will reserve your trading name on the Companies House register. And that's about it. The term 'dormant' applies to a company that, in legal terms, has 'no significant accounting transactions' during a financial year. So completely pointless unless you have a name that needs to be protected in terms of getting it on the register at Companies House. For instance, perhaps a name that is so unique you feel it requires that level of protection. You'll still have to pay to set the company up, and most likely accountancy fees. I really wouldn't bother.

    Aside from anything else, the Inland Revenue don't seem to know their arse from their elbow. I'm still getting PAYE demands and Corporation Tax bills from a company I resigned from as director almost two years ago. Take it from someone who's been there and got the tee shirt Ben. Simply trade as a sole trader.

  10. Default Limited

    Ah well, maybe I should have come here first - I've just registered my company as a limited company but am hoping to keep it dormant until such time (hopefully) that my business grows enough to need the limited company status. Until then, I will just be running as a sole trader.
    Wish me luck wading through the red tape you mention though !! :0/

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