Thanks dude! (me neither, ha) This was actually the first time that I had sat down and done the entire math - probably spent a few weeks going over all of my financials, hypotheticals, etc. to quadruple check all my math etc. and it was really empowering to be able to look at this decision from a really informed financial foundation.
one thing i didn't hear in the whole mixture - - if you're an artist, having next tools to make your job easier with better quality results would be reason enough to absorb extra cost. Not everyone who loves commercial photography is focused on just the bottom line. The passion will show, and its those results that can drive in the upscale clientel that would be $500 -$600 rental for your work. This was an awesome video presentation, made lots of business sense. Dont forget to enjoy the art in Commercial Arts :)
Chris, loved your video and have watched it a couple times and copied down all your equations. Great stuff. I'm getting into this space (graduating with business degree in a few weeks) and I would eat up more of your videos on day rates and production finances. Been sharing you with others in the space. Keep it up!
Thanks Andrew! Graduation with a business degree is exactly what I wish I had done, good luck and congrats! Thanks for the kind words, glad this was helpful.
very helpful - and almost exactly how i come up with numbers. for me and therefore my clients, two things are most important - image quality, timely job turnaround. i would argue your current clients may not pay more than they already do... but new clients will pay a rental fee equal to what they'd pay from a rental house, of course plus your day rate. i keep old clients at their original rate and as i add new gear, introduce new rates to new clients, usually plus an annual or bi annual percentage increase. i am sure you will get clients specifically because you have the c500ii - as well as shift your work into a new level of quality and ease of process.
Hey thanks so much for this break down! Would definitely be interested in more info/vids on your day rate and rental rate process. I'm in a similar boat with a C300 MK II package that I have used for 3 yrs.
That's very valuable to know that all your clients are satisfied with the C200's output; I own an XC10 (which has a 1 inch sensor), and I am trying to decide whether to move up to either a C200 or C300. It looks like the C200 footage is excellent after post-processing.
Love the well thought out video! I think it also depends on what kind of clients you want to work with as well, if you’re clients are mostly film producers hiring you as a cinematographer then the upgrade might help you get more gigs but if, like myself, you’re servicing business owners who don’t know the difference between a DSLR and a cinema camera it doesn’t help you get anymore work. So for me, I would only want this camera to make my passion projects like making my own films. So in that case I have to decide when I can invest in one of these cameras when my business is making enough money to invest in our own passion projects! Anyways, that’s just my different perspective for where I’m coming from, but thanks so much for the super helpful breakdown of how you’d work it out! I just subscribed 🙌🏼
Hey! I'm running very very similar numbers. My working camera has been an FS5 for 4 years now and I'm thinking about making a massive upgrade or just sticking with it. My day rate actually tripled from when I started out to where I am now with the FS5. So, when I'm trying to justify getting a nice fancy camera I want (eg, C500ii) I wonder if. I shouldn't just budget for the work I have right now - but for the work I want to have in say... 2-3 years time. Risky though. I don't think its just the camera that gets you the work entirely. My rate when up when my camera stayed the same over the past few years because I improved. But. I definitely missed some gigs cause I didn't have an FS7 or a C300. There's like a class/feature bridge some producers need you to cross. If they've never worked with me before and it a choice between me and another guy both with good looking showreels - they'll likely go for the fancier camera. All this being said - the C300iii is probably the wisest upgrade; 10k, pays off reasonably fast and its the perfect S35 camera, its only "downside" is being S35. I just wish it could have speed booster put on it and I'd be done! A bit nervous about going back to S35 FOV, which is ridiculous. Even if they put a silly magnifying glass by the sensor with tape, I'd be done. I don't want the FF sensor, just the FF FOV. Anyhow - great video. Money maths is the thing that actually matters when upgrading.
Thanks for sharing. This video was financially insightful. Would be totally interested in a deeper breakdown of your day rates and the type of language you use to your client when discussing your rates (day rates, rentals, etc.) Thanks again!
Love this video Chris. I feel I am at a very similar place to you in terms of gear and rentals. I charge the same for my gear and I have the same camera packages, and I am also looking at pulling the trigger on the c500 Mark ii. The main thing I keep going back to, is when I originally spent $9k for my original c200 and some media and batteries it was super scary for me...but it also helped launch my career to a place that I would have never been if I was shooting on a DSLR. I wonder if the c500 Mark ii would be able to help bump me to the next level, or should I just buy a used Alexa mini since everyone loves those so much lol
Griffin Conway yea it’s a tough call for sure. The C200 is so much more bang for the buck, but would a “more pro” camera help level up in career? San Diego is probably a lot different than LA when it comes to cameras that are in demand. I’ve found that most people down here are good with making what you have work with the production and if Director is adamant about a certain cam production will rent it. Curious what it’s like up there for you.
Without a doubt the c500 mark ii would be my choice if I could afford it, but if I forgo my desire for good autofocus The ursa mini pro g2 is just as good in a lot of ways and better in some for a third of the price.
If Black Magic ever figures out auto focus and better lowlight I'd happily jump ship. Love the menu system and most of all...... PRORES IN CAMERA!!!! That's like my goal in life - to have Prores in camera
I think that was the point of the video. He's showing you how you can offset the cost of new equipment. Provided, you already have the clients. If you're just starting out, or don't have a sufficient client base, it probably wouldn't work.
Thanks for your detailed thoughts about this topic. At the moment, I don't include charges for my cameras. I included the charge in my fee as a DP. Maybe I should change it🤷♂️
Marten Kählert definitely recommend doing that for sure. It helps with financial planning and saving AND it separates your value from the camera you happen to own at the time.
I have to agree on that note... charge for your gear and services separately. If a director asks you to rent a specific camera, you don't own and you are on set... something goes wrong with that cam, you can bring out your own camera and ask the director if he wants to waste 1/2 day while you get the rental replaced... just saying!
never sell yourself short always increase your prices because like you said those new cfast cards are expensive and as the years go on your skills increase witch is valuable personally I would take nothing less than that extra 50$. This all depends on the type of work you do and the relations you have with clients I understand it's more complicate than my current understanding but the advice you have really opend my eyes to levraging credit in a smart way to make money can't wait to see more.
Anthony Himself thanks for your feedback, really appreciate it. I live my life debt-free, but in certain circumstances like this where I have solid math behind me AND a sum of savings as a backup in case times get tough it can be a pretty financially successful risk to take. That said I’d recommend waiting til this coronavirus thing stabilizes before signing on for any new leases just to be safe
Great video. Thank you for making it and sharing it. Three weeks ago I would have said, "Buy it." The Coronavirus has created a lot of unknowns. I had some shoots that were a "go." Currently, they are on hold. Until who knows when. To spend the cash right now is a bit scary. I think for clients who are on hold, they don't care about the difference between the C500 and C200 at this moment. They are more concerned with will they go out of business, will they get their kids through this scare, etc. If and when business returns to normal, buying the C500 could be a smart purchase. I was going to buy one if a multi commercial gig came through. It didn't. So I am making do with the gear that is paid off in full until we have a clearer view of the future. If you book a great gig and the deposit arrives, that is a great moment to buy new gear. If you buy new gear with the mentality of, "If I buy it, the gig will come," it's a sad thing to be staring at the gear that is costing you money but not earning any.
Joe Berkeley yep, I’m very glad my wife talked some sense into me and I did this financial exercise and decided to wait.... otherwise I’d have a C500 collecting dust right now
@@ChrisFrancis Comedy, my wife did the same thing. She said, "rent it first." I signed up for a free demo day at my local rental shop....which was cancelled due to the virus. I hope this turns around so we can all get back to making a living.
My big questions here is how you charge $250 a day for c200 rental. In the UK you could easily rent that camera as a full package for the equivalent of $160-200 and I’m sure it’s not more expensive in the US. What am I missing here? Also, day rates themselves would be between $350-600 tops (if you worked in London) so I have no idea how I’d ever add $250 for bringing my camera along!
Hey Jim, that's interesting to hear. I've also gotten feedback on this video blasting me for not charging way more than $250/day for the camera rental - I guess it really depends on your location and market. In the US if you were to put something similar to my camera package together at a rental house or an online place like Lensrentals.com it would probably cost around $300-$400/day, so for my market in southern California I've never gotten pushback on charging my clients (or producers) $250/day for my camera package.
Taking in lenses, monitors, cages, cables, lights, maintenance, insurance, and batteries... rented or bought throughout a given year, you probably just paid for gear.
98% of the time I'm charging it as a rental when clients hire me and want to use my cameras (so the "rental" is just what I charge my clients for my camera package). The other 2% of the time I'm renting it to local friends that I trust. I rented it once through Sharegrid and that went well, but I for the most part it's either me or my friends
Would you mind going over your process to securing a lease through the CFS website? I have been trying to navigate the site and it's not user friendly. Thanks
Hello Chris, great video, quick question there Is a way you could share your excel sheet you presented on this video? I like it a lot how it looks. Cheers.
I was wondering that too. If not, are there any programs that you could recommend? I'm terrible at record keeping. Well, not terrible, but I do hate it with a passion.
Great video Chris. If clients don’t rent out your gear, what do you shoot with? iPhone? Jk 😂 I’m definitely interested in knowing how you charge for day rates. Thanks brother.
Dear Chris, just wondering how do you finance all your other equipment like editing mac, insurance, software, travel expenses, other gear you have if you just charge your labor + only equipment just used for the particular job? Is that then included in the labor fee? In my case, I have one single base daily charge rate that is calculated to cover all costs + insurance + amortization of all equipment I own + wage + planned extra further investment and it is than adjusted based on 30%/50%/70% monthly utilization.
Hey Goran, those are only my rates for when I'm hired as a cinematographer which is only about 30-50% of my work. The rest of the time I'm producing entire projects and in those cases I include a profit margin that covers operational costs, insurance, travel, etc.
You’re only calculating rental... making 11k less during a 2-3 year period is a lot if you’re total income is 30k a year... but if you’re taking in 80k/year is no big deal. Really depends on a bunch of other variables.
Now factor in the new c800 that will be coming in a year and the corona virus and the cut the pawn shop you'll be selling all this to will take and then square that buy 2, then add G.A.S divided by 1=Poor house!!
Major plot twist: Both of my C200s got stolen a few weeks ago! Not sure what's next, but I've definitely had to re-watch this video to make sure I make an educated financial decision. Currently eyeing the new C300MKIII......
@@ChrisFrancis Sorry to hear, I've never been so stuck on a camera purchase, The price of the C300MK3 makes it a no brain since the original cost $5K more but since I'm a current c200 owner I wrestle with is DGO + 120fps worth upgrade when at it's high quality 4K 12bit raw the color science is the same ... The C500 MKII Full Frame and 5.9KRAW plus Downsample 4K is holding me hostage where as I really thought I could have purchased the EOSR 5 for that Full frame look and use my c200 as B/A came for Audio and longer run time but now the over heating leaves me eyeing the C500 again
Are you charging for all pieces of your gear or just the camera body. You can afford to charge more for your "camera package" than what you are charging now.
Depends on the client... many people have a basic kit package that includes a camera, lights, audio, assistants (or not) for a specific price. Most clients on corporate levels do not have a clue about gear. I've had clients who didn't care and when things went wrong with something on set or location, consider you've lost a client. The ones that do know about production understand what is needed. You need backup.
Sorry didn’t see the reply. For the c500mkii I’m charging at least $500/day in local rentals (to trusted colleagues) and more for corporate shoots. I normally tag my gear at 5% of total cost of my package for a day rental. So my $16,000 body, $1,500 worth of memory, $10,000 of lensing (sigma cine zooms), $3,000 tripod, and a couple $1000 in misc accessories gets me to my ideal of $1500. You are charging less than 2% of the camera cost alone and I’m sure you lenses and batteries and accessories make that pretty low. Only time I break this rule is when I have a camera that has a pretty set in stone industry rate like my Amira. Normally around my region it’s going $1k a day for the core package which is about 2.5%. Raise them rates!
Nice breakdown. But not the best time to do that right now, with the coronavirus situation in Europe a lot of set, event and other types of shoot are canceled and the market is really unstable. I was thinking on doing something like that, but it's to risky ate the moment..
Good lord. Please don't ever rent out the c500ii for 300 a day. Dont ruin the market dude. If you can't get your clients to pay more and theres no need then don't upgrade. The c500ii with aks should go for at least 500/day. Don't be that guy.
![ง้อ (ALRIGHT) - FOURTH [ TEASER ]](http://i.ytimg.com/vi/ya6MBfo-Wvg/mqdefault.jpg)
Loved this video Chris. Haven't heard anyone discuss finances like this as it pertains to film making.
Thanks dude! (me neither, ha) This was actually the first time that I had sat down and done the entire math - probably spent a few weeks going over all of my financials, hypotheticals, etc. to quadruple check all my math etc. and it was really empowering to be able to look at this decision from a really informed financial foundation.
The best camera is the camera that is paid off. We are learning that more than anything during the Corona scare!
one thing i didn't hear in the whole mixture - - if you're an artist, having next tools to make your job easier with better quality results would be reason enough to absorb extra cost. Not everyone who loves commercial photography is focused on just the bottom line.
The passion will show, and its those results that can drive in the upscale clientel that would be $500 -$600 rental for your work.
This was an awesome video presentation, made lots of business sense.
Dont forget to enjoy the art in Commercial Arts :)
Canon C500 Mark II is amazing, I own mine free and clear and so happy that all my clients helped me to purchase this great camera.
The same, but I own mine Phase One XF + Digital Back IQ4 150mp
Chris, loved your video and have watched it a couple times and copied down all your equations. Great stuff. I'm getting into this space (graduating with business degree in a few weeks) and I would eat up more of your videos on day rates and production finances. Been sharing you with others in the space. Keep it up!
Thanks Andrew! Graduation with a business degree is exactly what I wish I had done, good luck and congrats! Thanks for the kind words, glad this was helpful.
I am from Ghana, in West Africa and I am interested in day rates,
Wow, Chris Francis...where have you been all my life....I've been hiring cinematographers when I really want to be one...so informative...riff on!
very helpful - and almost exactly how i come up with numbers. for me and therefore my clients, two things are most important - image quality, timely job turnaround. i would argue your current clients may not pay more than they already do... but new clients will pay a rental fee equal to what they'd pay from a rental house, of course plus your day rate. i keep old clients at their original rate and as i add new gear, introduce new rates to new clients, usually plus an annual or bi annual percentage increase.
i am sure you will get clients specifically because you have the c500ii - as well as shift your work into a new level of quality and ease of process.
It’s so great to see someone look at it from a business perspective.
This is a hard pill to swallow but it can save a life!
Hey thanks so much for this break down! Would definitely be interested in more info/vids on your day rate and rental rate process. I'm in a similar boat with a C300 MK II package that I have used for 3 yrs.
I'm still rocking the C100 mii and I'm not upgrading any time soon!
EzraMF great cam for sure 🤙
Love this video! Thanks for your work 👍😉
Fantastic video!
That's very valuable to know that all your clients are satisfied with the C200's output; I own an XC10 (which has a 1 inch sensor), and I am trying to decide whether to move up to either a C200 or C300. It looks like the C200 footage is excellent after post-processing.
I loved hearing about how you think about purchases and finances! Would love to hear more of that!
Awesome, glad to hear! Will try to do some more business/finances content in the future.
THis video was incredibly helpful and insightful my friend, thank you for it!
Andrew Thomas Clifton glad to hear! Thanks for the feedback.
Love the well thought out video! I think it also depends on what kind of clients you want to work with as well, if you’re clients are mostly film producers hiring you as a cinematographer then the upgrade might help you get more gigs but if, like myself, you’re servicing business owners who don’t know the difference between a DSLR and a cinema camera it doesn’t help you get anymore work. So for me, I would only want this camera to make my passion projects like making my own films. So in that case I have to decide when I can invest in one of these cameras when my business is making enough money to invest in our own passion projects! Anyways, that’s just my different perspective for where I’m coming from, but thanks so much for the super helpful breakdown of how you’d work it out! I just subscribed 🙌🏼
Sticks Productions thanks! Really appreciate your thoughts - makes total sense. Definitely lots of factors at play when making big decisions.
Chris Francis 100% and you broke it down amazingly! Keen to see more videos :)
Sticks Productions I’ve got some more coming 🕺🏼
Hey! I'm running very very similar numbers. My working camera has been an FS5 for 4 years now and I'm thinking about making a massive upgrade or just sticking with it. My day rate actually tripled from when I started out to where I am now with the FS5. So, when I'm trying to justify getting a nice fancy camera I want (eg, C500ii) I wonder if. I shouldn't just budget for the work I have right now - but for the work I want to have in say... 2-3 years time. Risky though.
I don't think its just the camera that gets you the work entirely. My rate when up when my camera stayed the same over the past few years because I improved. But. I definitely missed some gigs cause I didn't have an FS7 or a C300. There's like a class/feature bridge some producers need you to cross. If they've never worked with me before and it a choice between me and another guy both with good looking showreels - they'll likely go for the fancier camera.
All this being said - the C300iii is probably the wisest upgrade; 10k, pays off reasonably fast and its the perfect S35 camera, its only "downside" is being S35. I just wish it could have speed booster put on it and I'd be done! A bit nervous about going back to S35 FOV, which is ridiculous. Even if they put a silly magnifying glass by the sensor with tape, I'd be done. I don't want the FF sensor, just the FF FOV.
Anyhow - great video. Money maths is the thing that actually matters when upgrading.
Thanks for sharing. This video was financially insightful. Would be totally interested in a deeper breakdown of your day rates and the type of language you use to your client when discussing your rates (day rates, rentals, etc.) Thanks again!
Love this video Chris. I feel I am at a very similar place to you in terms of gear and rentals. I charge the same for my gear and I have the same camera packages, and I am also looking at pulling the trigger on the c500 Mark ii.
The main thing I keep going back to, is when I originally spent $9k for my original c200 and some media and batteries it was super scary for me...but it also helped launch my career to a place that I would have never been if I was shooting on a DSLR. I wonder if the c500 Mark ii would be able to help bump me to the next level, or should I just buy a used Alexa mini since everyone loves those so much lol
Griffin Conway yea it’s a tough call for sure. The C200 is so much more bang for the buck, but would a “more pro” camera help level up in career? San Diego is probably a lot different than LA when it comes to cameras that are in demand. I’ve found that most people down here are good with making what you have work with the production and if Director is adamant about a certain cam production will rent it. Curious what it’s like up there for you.
Without a doubt the c500 mark ii would be my choice if I could afford it, but if I forgo my desire for good autofocus The ursa mini pro g2 is just as good in a lot of ways and better in some for a third of the price.
If Black Magic ever figures out auto focus and better lowlight I'd happily jump ship. Love the menu system and most of all...... PRORES IN CAMERA!!!! That's like my goal in life - to have Prores in camera
I think that was the point of the video. He's showing you how you can offset the cost of new equipment. Provided, you already have the clients. If you're just starting out, or don't have a sufficient client base, it probably wouldn't work.
Thanks for your detailed thoughts about this topic. At the moment, I don't include charges for my cameras. I included the charge in my fee as a DP. Maybe I should change it🤷♂️
Marten Kählert definitely recommend doing that for sure. It helps with financial planning and saving AND it separates your value from the camera you happen to own at the time.
@@ChrisFrancis I get it. An items cost and value can be recorded and tracked a lot easier than the worth of an individual's skills.
I have to agree on that note... charge for your gear and services separately. If a director asks you to rent a specific camera, you don't own and you are on set... something goes wrong with that cam, you can bring out your own camera and ask the director if he wants to waste 1/2 day while you get the rental replaced... just saying!
If we factor in computing costs, Hard drives, plug-ins, etc. You at least have a pool of money to take care of upgrade factors.
Yes please do a video on day rates and how you have increased or changed them from when you first started to now! What is your day rate at the moment?
never sell yourself short always increase your prices because like you said those new cfast cards are expensive and as the years go on your skills increase witch is valuable personally I would take nothing less than that extra 50$. This all depends on the type of work you do and the relations you have with clients I understand it's more complicate than my current understanding but the advice you have really opend my eyes to levraging credit in a smart way to make money can't wait to see more.
Anthony Himself thanks for your feedback, really appreciate it. I live my life debt-free, but in certain circumstances like this where I have solid math behind me AND a sum of savings as a backup in case times get tough it can be a pretty financially successful risk to take. That said I’d recommend waiting til this coronavirus thing stabilizes before signing on for any new leases just to be safe
Great video. Thx. Very clear and practical.
great video, definitely interested in the day rates and labour charges, thanks
Interested in your future videos!
This is really helpful! Thanks!
Glad to hear Brian! You're welcome :)
Great Video!
You’re 100% right
Great video. Thank you for making it and sharing it. Three weeks ago I would have said, "Buy it." The Coronavirus has created a lot of unknowns. I had some shoots that were a "go." Currently, they are on hold. Until who knows when. To spend the cash right now is a bit scary. I think for clients who are on hold, they don't care about the difference between the C500 and C200 at this moment. They are more concerned with will they go out of business, will they get their kids through this scare, etc. If and when business returns to normal, buying the C500 could be a smart purchase. I was going to buy one if a multi commercial gig came through. It didn't. So I am making do with the gear that is paid off in full until we have a clearer view of the future. If you book a great gig and the deposit arrives, that is a great moment to buy new gear. If you buy new gear with the mentality of, "If I buy it, the gig will come," it's a sad thing to be staring at the gear that is costing you money but not earning any.
Joe Berkeley yep, I’m very glad my wife talked some sense into me and I did this financial exercise and decided to wait.... otherwise I’d have a C500 collecting dust right now
@@ChrisFrancis Comedy, my wife did the same thing. She said, "rent it first." I signed up for a free demo day at my local rental shop....which was cancelled due to the virus. I hope this turns around so we can all get back to making a living.
Yes, the shutdown has certainly hurt a lot of people...!
Great video! Very interested in day rates and so force.
Great explanation thanks.
thank you!
This is super cool. Are you gonna do you a COVID-19 finance update?
My big questions here is how you charge $250 a day for c200 rental. In the UK you could easily rent that camera as a full package for the equivalent of $160-200 and I’m sure it’s not more expensive in the US. What am I missing here? Also, day rates themselves would be between $350-600 tops (if you worked in London) so I have no idea how I’d ever add $250 for bringing my camera along!
Hey Jim, that's interesting to hear. I've also gotten feedback on this video blasting me for not charging way more than $250/day for the camera rental - I guess it really depends on your location and market. In the US if you were to put something similar to my camera package together at a rental house or an online place like Lensrentals.com it would probably cost around $300-$400/day, so for my market in southern California I've never gotten pushback on charging my clients (or producers) $250/day for my camera package.
With c500 you can take part in bigger projects and earn more money, maybe!
Amazing video! And I am waiting for more content in business!
David Dias thanks! More to come
Very very very very interesting
very useful info, tks
Taking in lenses, monitors, cages, cables, lights, maintenance, insurance, and batteries... rented or bought throughout a given year, you probably just paid for gear.
Hey Chris. Great video thank you for the information. Where do you usually rent out your gear through.
98% of the time I'm charging it as a rental when clients hire me and want to use my cameras (so the "rental" is just what I charge my clients for my camera package). The other 2% of the time I'm renting it to local friends that I trust. I rented it once through Sharegrid and that went well, but I for the most part it's either me or my friends
Would you mind going over your process to securing a lease through the CFS website? I have been trying to navigate the site and it's not user friendly. Thanks
Hello Chris, great video, quick question there Is a way you could share your excel sheet you presented on this video? I like it a lot how it looks. Cheers.
I was wondering that too. If not, are there any programs that you could recommend? I'm terrible at record keeping. Well, not terrible, but I do hate it with a passion.
Great video Chris. If clients don’t rent out your gear, what do you shoot with? iPhone? Jk 😂 I’m definitely interested in knowing how you charge for day rates. Thanks brother.
Mike Edwards strictly android for those clients
@@ChrisFrancis Hahahaha
Aren’t you afraid to rent you 500 Mark 2???
What if whoever you are renting it to will mess up your camera or sensor or something?
Dear Chris, just wondering how do you finance all your other equipment like editing mac, insurance, software, travel expenses, other gear you have if you just charge your labor + only equipment just used for the particular job? Is that then included in the labor fee? In my case, I have one single base daily charge rate that is calculated to cover all costs + insurance + amortization of all equipment I own + wage + planned extra further investment and it is than adjusted based on 30%/50%/70% monthly utilization.
Hey Goran, those are only my rates for when I'm hired as a cinematographer which is only about 30-50% of my work. The rest of the time I'm producing entire projects and in those cases I include a profit margin that covers operational costs, insurance, travel, etc.
You’re only calculating rental... making 11k less during a 2-3 year period is a lot if you’re total income is 30k a year... but if you’re taking in 80k/year is no big deal. Really depends on a bunch of other variables.
Tons of variables: *covid-19 enters chat*
😂😭😂
@@ChrisFrancis 😌😌😌
Now factor in the new c800 that will be coming in a year and the corona virus and the cut the pawn shop you'll be selling all this to will take and then square that buy 2, then add G.A.S divided by 1=Poor house!!
What were the requirements of the leasing program? Could you do a video on insurance as well
Great Video, So did keep c200 or upgrade to c500 MKII?
Major plot twist: Both of my C200s got stolen a few weeks ago! Not sure what's next, but I've definitely had to re-watch this video to make sure I make an educated financial decision. Currently eyeing the new C300MKIII......
@@ChrisFrancis Sorry to hear, I've never been so stuck on a camera purchase, The price of the C300MK3 makes it a no brain since the original cost $5K more but since I'm a current c200 owner I wrestle with is DGO + 120fps worth upgrade when at it's high quality 4K 12bit raw the color science is the same ... The C500 MKII Full Frame and 5.9KRAW plus Downsample 4K is holding me hostage where as I really thought I could have purchased the EOSR 5 for that Full frame look and use my c200 as B/A came for Audio and longer run time but now the over heating leaves me eyeing the C500 again
Not if you are uploading to youtube bro
You forgot to factor in the tax savings from the purchase of the C500.
Are you charging for all pieces of your gear or just the camera body. You can afford to charge more for your "camera package" than what you are charging now.
Matthew Tyndall includes lenses, media, batteries. How much would you recommend? How much do you charge for your camera package?
Depends on the client... many people have a basic kit package that includes a camera, lights, audio, assistants (or not) for a specific price. Most clients on corporate levels do not have a clue about gear. I've had clients who didn't care and when things went wrong with something on set or location, consider you've lost a client. The ones that do know about production understand what is needed. You need backup.
Sorry didn’t see the reply. For the c500mkii I’m charging at least $500/day in local rentals (to trusted colleagues) and more for corporate shoots. I normally tag my gear at 5% of total cost of my package for a day rental. So my $16,000 body, $1,500 worth of memory, $10,000 of lensing (sigma cine zooms), $3,000 tripod, and a couple $1000 in misc accessories gets me to my ideal of $1500. You are charging less than 2% of the camera cost alone and I’m sure you lenses and batteries and accessories make that pretty low. Only time I break this rule is when I have a camera that has a pretty set in stone industry rate like my Amira. Normally around my region it’s going $1k a day for the core package which is about 2.5%. Raise them rates!
Chris Francis feel free to hit me up on insta or Twitter if you wanna chat more about it.
Do you also do a light or audio package or is that all included int he 'camera rental' or day rate?
felipe olvera lighting and audio gear are separate. Camera rental usually includes my lenses, batteries, media, tripod, and Easyrig.
Nice breakdown. But not the best time to do that right now, with the coronavirus situation in Europe a lot of set, event and other types of shoot are canceled and the market is really unstable. I was thinking on doing something like that, but it's to risky ate the moment..
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Sooooooooooooooooooo, are you going to get the C500 mark ii? Lol
Good lord. Please don't ever rent out the c500ii for 300 a day. Dont ruin the market dude. If you can't get your clients to pay more and theres no need then don't upgrade. The c500ii with aks should go for at least 500/day. Don't be that guy.
Northwest Camera Co. what market are you in? City and industry?