Documentary and corporate film studio

Mid-sized companies, marketing agencies, nonprofits, universities and sometimes streaming or broadcast outlets.

Project fees quoted from a budget covering crew, gear, editing and a margin. Documentary work may also earn from licensing or grants.

• Producing and budgeting
• Directing and storytelling
• Managing freelancers and deadlines

• General liability insurance, equipment cover and workers' compensation once you hire; many clients and venues ask for certificates
• Check whether your city or state requires film permits for location shoots
• Clear contracts and releases for crew, interviewees, music and footage
• Uneven cash flow, so consider deposits and milestone payments
• Check how to classify freelancers versus employees with your state

Startup costs are typically estimated at around $8,000 to $40,000, depending on your equipment, insurance and how much of your team you hire up front. Many clients and venues ask for insurance certificates, so budget for cover as well.

Monthly revenue is typically estimated at around $3,000 to $15,000, depending on the size and number of projects you land. Cash flow can be uneven, so consider deposits and milestone payments. The estimate assumes about 30 hours a week or more.

Check whether your city or state requires film permits for location shoots, and how to classify freelancers versus employees with your state. Also check insurance, workers' compensation once you hire, and clear contracts and releases for crew, interviewees, music and footage.