shutterspeedfilms
Well-known member
I'm trying to find some creative financing solutions to limit my overhead in producing an indie feature film. The fees I've had quoted from attorneys and cpas to lay the ground work for soliciting investors as an LLC seem cost prohibitive at my budget level.
Hoping some experienced users could give me some feedback on the following scenarios instead:
Thinking of completing the paperwork for a one-person, member-managed LLC. The paperwork in my state is minimal (one page) and only costs $50 to register. I'd modify a boilerplate form for an Articles of Organization.
1. I would then approach businesses about contributing capital to advertise in the film (product/banner placement, poster/DVD tie-ins, etc.). I would likely research and compose the document for this as well.
2. Or maybe I could piggyback on a non-profit organization to solicit donations (letting them handle the tax/paperwork implications?
3. Could also consider finding an interested party/parties, ask them to set up an LLC (or use existing) to finance the film (and maybe simply pay me a small fee).
Any pitfalls I should be aware of? Anyone foresee the need for an attorney to get involved on any of these levels, save simply reviewing a formal agreement document?
Hoping some experienced users could give me some feedback on the following scenarios instead:
Thinking of completing the paperwork for a one-person, member-managed LLC. The paperwork in my state is minimal (one page) and only costs $50 to register. I'd modify a boilerplate form for an Articles of Organization.
1. I would then approach businesses about contributing capital to advertise in the film (product/banner placement, poster/DVD tie-ins, etc.). I would likely research and compose the document for this as well.
2. Or maybe I could piggyback on a non-profit organization to solicit donations (letting them handle the tax/paperwork implications?
3. Could also consider finding an interested party/parties, ask them to set up an LLC (or use existing) to finance the film (and maybe simply pay me a small fee).
Any pitfalls I should be aware of? Anyone foresee the need for an attorney to get involved on any of these levels, save simply reviewing a formal agreement document?
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