The process of setting up a media production service in Dubai can be a daunting one. Fortunately, there are several key steps that you can take to ensure that your company’s success is assured. In addition to a solid business plan, a few key pieces of equipment will help you make the best of your newfound endeavor.
Step# 1:
First and foremost, you’ll want to choose a production company name that screams authenticity. In the same way that the name of your favorite band or movie star can evoke a sense of trust, a production company’s name should be a beacon of credibility and goodwill. A great name and a stellar business plan will engender confidence in potential investors and clients.
Step# 2:
Next, consider which of the aforementioned technologies will best serve your purposes. For example, invest in a quality laptop and a decent digital camera. You can always try renting if you need help deciding what to buy. Several popular rental companies can offer a wide variety of video production equipment for hire, including lighting, cameras, audio, and video editing software. A rented setup can save you a lot of money in the long run.
Step# 3:
Another essential is a solid insurance policy. While insurance is never an exact science, the right policy can shield you from the occasional mishap. Whether you choose a standard, umbrella, or comprehensive coverage, a good policy should include things like theft, fire, and vandalism. Consider a special package if you have a hefty investment in equipment.
Step# 4:
You’ll also need a good credit card to keep track of the cash you’ll be making. If you’re unsure of your ability to pay it off, you’ll need to seek the advice of a banker. Similarly, if you are planning on hiring a crew, you’ll need to find a dependable and reasonably priced company that can handle the payroll.
Step# 5:
Finally, you’ll need a business bank account to make payments. You’ll need to fill out an application for an EIN, or employer identification number. You may need to get a certificate of occupancy, too. This will demonstrate that your building complies with the appropriate codes.
