To match the level of experience and skill the Big Picture team brings to the table, staff salary and benefit costs alone would start at over half a million dollars annually.
Purchasing specialized production equipment adds another $300,000.
Building even a modest soundstage for interviews and green screen adds another $175,000.
Add a few thousand annually for stock licensing and music rights management.
Add another few thousand annually for software licensing and plug-ins.
Include a healthy budget for hiring professional on-camera talent and voice-over artists.
Your HR team would need to search, interview, and evaluate qualified candidates, without the industry expertise to identify and work with quality creatives.
Business and facility liability insurance adds several thousand more to your annual budget.
Finally, creating production offices adds an additional burden and cost to existing infrastructure.
Needing a 5-minute video for that training session next week
The head of accounting is retiring next Friday and they need a 30-year retrospect photo slideshow… oh, and could you also get personal photos from all the employees?
Or they want a TikTok style dance video for the monthly staff meeting in three days.
Set your own hours
Free, fully stocked kitchens
Bringing your dog to work
Specialized nap spaces with mood lighting
Even free flowing beer on tap at some agencies!
Production legal expertise
Time and project management