The How and Why of Video Production Budget & Templates

Anytime you work in creative professional services it’s hard to put a value to it, especially when talking about your own work. It’s even harder to judge what someone else will value your work and services at. 

To further complicate things, two people may value your services completely different; read: yourself and a prospective client.

When you’re a freelancer, business owner or employee it can be pretty hard to receive feedback that your services are deemed less valuable- or not valuable enough to justify hiring you for a job.

When you’re just starting out you’re more likely to take on jobs to build up a portfolio or network with others. I’m not against this at all, but I see it happen far too often and for far too long into someone’s career. It seems there’s always another job that you want so bad you’re willing to discount your rate, justified by the fact that the marketing power from this project will pay a positive ROI.

This is something we deal with on a regular basis at TAR Productions. We constantly get asked for a quote on jobs where people assume it’s as simple as looking up a rate sheet.

As creatives, we need to remember that we’re also a business. I’ve been able to build up a company built around value, and our services to customers are of great value. And we need to charge a premium for this.

Get the templates here.