Documentary Production Business Plan Template
Are you interested in starting your own documentary production Business?
Introduction
Starting a documentary production business is not as difficult as you may think. In fact, with a bit of research, planning, and dogged determination, you can put together a successful documentary production company that can produce high-quality, engaging content that will draw in viewers from all over the world. There are a number of things to consider when starting a documentary production company, including the type of content you want to produce, the style of your documentaries, the target audience you are aiming to reach, and the marketing strategies you will use to get your content into the hands of viewers. However, the most important factor in starting a documentary production company is having the passion and dedication to making great content that people will love. With hard work and a bit of luck, your documentary production company can be a success story that leads to the creation of some amazing content that people will enjoy for years to come.
Global Market Size
The documentary production industry is estimated to be worth $2.2 billion in 2020, and is projected to grow at a CAGR of
7.5% from 2020 to 2024. The market is growing due to the increasing demand for documentaries, which are seen as an insightful and unbiased source of information. There are a number of factors that are contributing to the growth of the documentary production industry, including the increasing trend of consuming media content online, the increasing trend of people engaging with documentaries as an educational tool, and the increasing trend of people consuming documentaries as a source of entertainment.
Target Market
This is an article for people who want to start a documentary production business. If you are in this category, then you are in the right place. This article will tell you everything you need to know about starting a documentary production business. There are a few things you need to consider before starting a documentary production business. First, you will need to decide what type of documentary you want to produce. There are many different types of documentary, and each has its own unique set of production requirements. Once you have decided on the type of documentary you want to produce, you will need to decide how much money you want to spend on production. This will depend on the type of documentary, the number of hours needed to produce it, and the quality of the final product. Once you have decided on the type of documentary you want to produce, the next step is to find a producer. A producer is a person who helps you produce your documentary. He or she will help you find funding, find crew, and help you get your documentary produced. Finally, you will need to get your documentary produced. This can be a a lot of work, but it is worth it if you want a high-quality product. There are a few things you can do to help make this process easier. First, you can hire a production company to help you produce your documentary. This will save you a lot of time and money. Second, you can use video editing software to help you cut the footage for your documentary. This will make the production process much easier. If you are interested in starting a documentary production business, then this article is for you. By following the advice in this article, you will be able to start a successful documentary production business.
Business Model
If you want to start a documentary production business, you'll need to come up with a business model. There are a number of different ways to approach this, so it's up to you to find the one that works best for you. One option is to produce documentaries for television or the web. This involves creating and selling finished products to a broadcast or online platform. You'll need to be able to produce high-quality videos, market your products effectively, and have the financial resources to sustain a long-term project. Another option is to produce documentaries as a hobby. This involves creating and selling finished products to a small audience. You'll need to be able to produce high-quality videos, market your products effectively, and have the creative vision to make interesting and engaging films. Whatever business model you choose, make sure you have a clear plan for how you're going to achieve your goals. This will help you stay motivated and focused on your goals.
Competitive Landscape
The documentary production industry is a competitive one. There are a number of factors to consider when starting a documentary production business. These include:
-The market your documentary will compete in
-The budget you are willing to invest
-The level of expertise you possess
-The level of experience your team has
-The distribution channels you are willing to use The market your documentary will compete in will largely determine the type of project you should pursue. There are a number of different documentary genres, including arts and culture, environmental, social, and political. Each of these has its own unique audience and market, so it is important to research which type of documentary will appeal to your target audience. The budget you are willing to invest will be a major factor in determining the type of documentary you can produce. A low budget project may be possible with a smaller team, while a high budget project will require a larger team and more resources. The level of expertise you possess will be a major factor in the type of documentary you produce. If you are new to documentary production, you may want to pursue a project with a lower level of difficulty. If you are more experienced, you may be able to produce a more challenging project. The level of experience your team has will be a major factor in the quality of your documentary. A team with less experience may be less able to meet the quality standards you are looking for. The distribution channels you are willing to use will be a major factor in determining how your documentary will be seen. You may want to pursue a project that is distributed through traditional media outlets, such as cable networks or streaming services, or you may want to pursue a project that is distributed through more grassroots channels, such as film festivals or online platforms.
Legal and Regulatory Requirements
How to start a documentary production business There are a number of legal and regulatory requirements that must be met before starting a documentary production business, including registering with the appropriate government agency, filing copyright and trademark applications, and obtaining appropriate insurance. Additionally, many documentary filmmakers will need to secure funding for their projects, and may need to form a film production company to do so.
Financing Options
Financing options for documentary productions vary significantly depending on the project's budget, desired level of production quality, and target audience. Budget The most important factor in determining the financing options for a documentary production is the budget. A documentary with a small budget can be produced with a home video camera and a laptop, while a high-budget production may require a large crew and extensive production resources. Target audience Another important factor to consider when determining financing options is the target audience. Documentaries with a general audience may be able to find financing through traditional sources, such as film festivals and corporate sponsorships. Documentaries aimed at a specific audience, such as education or advocacy, may require additional funding sources, such as Kickstarter or IndieGoGo, or more specialized distribution channels, such as pay-per-view. Production quality Another important factor to consider when determining financing options is the production quality. Lower-quality productions may be able to find funding through lower-cost sources, such as crowd-sourcing or Kickstarter, while higher-quality productions may require more expensive financing options, such as investment from a foundation or private investors. Distribution Once a documentary has been produced, the next step is to find a way to distribute it. Documentaries can be distributed through traditional channels, such as cable and satellite television, or online streaming services. They can also be distributed through alternative distribution channels, such as pay-per-view or self-distribution.
Marketing and Sales Strategies
There are a few key things you'll need to do to get your documentary production business off the ground.
1. Research your target audience. Who is your target market? What are their interests? What are their problems? What are their hopes and dreams? Once you know this, you can start to tailor your products and services to them.
2. Research your competition. What are their successes and failures? What are their marketing strategies? How can you stand out from the crowd?
3. Develop a business plan. What are your goals for the documentary production business? What are the steps you'll need to take to reach these goals? What are the financial constraints you will face?
4. Market your documentary production business. Who are your potential customers? What are the best ways to reach them? What are your pricing strategies? What are your delivery options?
5. Build a team. Who are the people you need on your team to help you reach your goals? What are their skills and experience? What are their commitments?
6. Persevere. Things will not always go as planned. Be prepared for setbacks and learn to bounce back.
7. Stay focused. Don't become sidetracked by the excitement of starting a new business. Keep your eye on the prize
– your success.
Operations and Logistics
There are a few key things to keep in mind when starting a documentary production company. The first is to decide what your niche will be. This will help you target your audience and determine the type of documentary you should produce. Once you have your niche, you need to decide what type of documentary you want to produce. There are a few options available: news, education, lifestyle, and personal stories. Once you have decided on the type of documentary you want to produce, you need to decide how you want to produce it. There are many different ways to produce a documentary, from filming to editing to marketing. Once you have decided on the type of documentary you want to produce, you need to find a crew and start filming.
Human Resources & Management
Documentary filmmaking is a difficult and demanding art form, requiring creativity, technical know-how, and strong production values. If you're thinking of starting a documentary production company, here are some tips to help you get started:
1. Choose a niche. Documentary filmmaking is a highly specialized field, and the type of documentary you produce will be dependent on your target audience. If you want to produce a documentary about environmental issues, for example, you'll need to know a lot about environmental science.
2. Choose a production base. Unless you have a lot of money to spend, you'll need to choose a production base that's convenient and cost-effective for you. You can shoot documentaries on location, in a studio, or even using digital video cameras.
3. Find funding. Documentary filmmaking is a expensive business, and you'll need to find financial support to get started. You can seek grants from foundations or government agencies, or raise money through crowdfunding campaigns.
4. Market your company. Once you've produced your first documentary, you'll need to market it to potential clients. You can do this through online video channels, film festivals, and other networking events.
5. Hire a crew. Once you've established your production base and generated some revenue, you'll need to hire a crew to help you with the filmmaking process. You can find crew members through online job postings or word-of-mouth.
6. Keep track of expenses. Documentary filmmaking is a challenging and time-consuming process, and you'll need to be prepared to spend money on equipment, software, and other expenses. Keep track of your expenses in a budgeting system, and adjust your spending as necessary.
7. Manage your time wisely. Documentary filmmaking is a demanding process, and you'll need to be able to manage your time wisely to get the most out of it. Set realistic goals for yourself and be prepared to work hard to achieve them.
Conclusion
If you want to start a documentary production business, there are a few things you need to do first. First, research the market to see what types of documentaries people are interested in. Once you know what type of documentary people are likely to watch, start developing your idea. Once your idea is solidified, start networking with people in the documentary production industry to get support and advice. Finally, start producing your documentaries and see how successful you are!
Why write a business plan?
- Business Plans can help to articulate and flesh out the business’s goals and objectives. This can be beneficial not only for the business owner, but also for potential investors or partners
- Business Plans can serve as a roadmap for the business, helping to keep it on track and on target. This is especially important for businesses that are growing and evolving, as it can be easy to get sidetracked without a clear plan in place.
- Business plans can be a valuable tool for communicating the business’s vision to employees, customers, and other key stakeholders.
- Business plans are one of the most affordable and straightforward ways of ensuring your business is successful.
- Business plans allow you to understand your competition better to critically analyze your unique business proposition and differentiate yourself from the market.
- Business Plans allow you to better understand your customer. Conducting a customer analysis is essential to create better products and services and market more effectively.
- Business Plans allow you to determine the financial needs of the business leading to a better understanding of how much capital is needed to start the business and how much fundraising is needed.
- Business Plans allow you to put your business model in words and analyze it further to improve revenues or fill the holes in your strategy.
- Business plans allow you to attract investors and partners into the business as they can read an explanation about the business.
- Business plans allow you to position your brand by understanding your company’s role in the marketplace.
- Business Plans allow you to uncover new opportunities by undergoing the process of brainstorming while drafting your business plan which allows you to see your business in a new light. This allows you to come up with new ideas for products/services, business and marketing strategies.
- Business Plans allow you to access the growth and success of your business by comparing actual operational results versus the forecasts and assumptions in your business plan. This allows you to update your business plan to a business growth plan and ensure the long-term success and survival of your business.
Business Plan Content
- Executive Summary
- Company Overview
- Industry Analysis
- Consumer Analysis
- Competitor Analysis & Advantages
- Marketing Strategies & Plan
- Plan of Action
- Management Team
The financial forecast template is an extensive Microsoft Excel sheet with Sheets on Required Start-up Capital, Salary & Wage Plans, 5-year Income Statement, 5-year Cash-Flow Statement, 5-Year Balance Sheet, 5-Year Financial Highlights and other accounting statements that would cost in excess of £1000 if obtained by an accountant.
The financial forecast has been excluded from the business plan template. If you’d like to receive the financial forecast template for your start-up, please contact us at info@avvale.co.uk . Our consultants will be happy to discuss your business plan and provide you with the financial forecast template to accompany your business plan.
Instructions for the Business Plan Template
To complete your perfect documentary production business plan, fill out the form below and download our documentary production business plan template. The template is a word document that can be edited to include information about your documentary production business. The document contains instructions to complete the business plan and will go over all sections of the plan. Instructions are given in the document in red font and some tips are also included in blue font. The free template includes all sections excluding the financial forecast. If you need any additional help with drafting your business plan from our business plan template, please set up a complimentary 30-minute consultation with one of our consultants.
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Documentary Production Business Plan Template FAQs
What is a business plan for a/an Documentary Production business?
A business plan for a Documentary Production business is a written document that outlines the goals, strategies, and financial projections for starting and running a documentary production company. It provides a roadmap for how the business will operate and achieve success. The business plan typically includes information about the target audience, market analysis, production process, marketing and distribution strategies, budgeting and financing, and management structure. It serves as a comprehensive tool to attract investors, secure financing, and guide the overall direction of the business.
How to customize the business plan template for a Documentary Production business?
To customize the business plan template for a Documentary Production business, follow these steps:
1. Download the template: Purchase and download the business plan template for a Documentary Production business from a reputable source. Ensure that the template is compatible with your preferred software, such as Microsoft Word or Google Docs.
2. Read through the template: Familiarize yourself with the structure and content of the template. Understand the different sections and their purpose. This will help you navigate through the customization process efficiently.
3. Insert your business information: Replace the placeholder text in the template with your own business information. This includes your company name, logo, address, contact details, and other relevant information. Ensure that all information is accurate and up-to-date.
4. Modify the executive summary: Customize the executive summary to effectively summarize your Documentary Production business. Highlight your unique selling proposition, target market, and the goals you aim to achieve. Tailor the content to showcase your expertise and experience in the industry.
5. Define your services: Clearly define the range of services your Documentary Production business will offer. Modify the sections related to services, production process, and equipment to accurately reflect your offerings. Include any specialized services, such as pre-production planning, scriptwriting, filming, editing, or post-production.
6. Conduct market research: Update the market analysis section with current industry statistics, trends, and competitor information. Research the target audience and demographics relevant to your Documentary Production business. Include data on potential clients, industry growth projections,
1. Download the template: Purchase and download the business plan template for a Documentary Production business from a reputable source. Ensure that the template is compatible with your preferred software, such as Microsoft Word or Google Docs.
2. Read through the template: Familiarize yourself with the structure and content of the template. Understand the different sections and their purpose. This will help you navigate through the customization process efficiently.
3. Insert your business information: Replace the placeholder text in the template with your own business information. This includes your company name, logo, address, contact details, and other relevant information. Ensure that all information is accurate and up-to-date.
4. Modify the executive summary: Customize the executive summary to effectively summarize your Documentary Production business. Highlight your unique selling proposition, target market, and the goals you aim to achieve. Tailor the content to showcase your expertise and experience in the industry.
5. Define your services: Clearly define the range of services your Documentary Production business will offer. Modify the sections related to services, production process, and equipment to accurately reflect your offerings. Include any specialized services, such as pre-production planning, scriptwriting, filming, editing, or post-production.
6. Conduct market research: Update the market analysis section with current industry statistics, trends, and competitor information. Research the target audience and demographics relevant to your Documentary Production business. Include data on potential clients, industry growth projections,
What financial information should be included in a Documentary Production business plan?
When creating a Documentary Production business plan, it is essential to include relevant financial information that demonstrates the financial feasibility and potential success of your venture. Here are some key financial components to include:
1. Startup Costs: Identify and list all the necessary expenses required to launch your Documentary Production business. This may include equipment purchases or rentals, location costs, permits and licenses, insurance, marketing expenses, and initial staffing costs.
2. Revenue Projections: Estimate your expected revenue streams based on factors such as the types of documentaries you plan to produce, target markets, pricing strategies, and expected sales volumes. These projections can be based on market research, industry benchmarks, or your own experience.
3. Expenses: Outline your anticipated ongoing expenses, including personnel salaries, production costs (e.g., camera equipment, crew, editing software), marketing and advertising expenses, office space rent, utilities, insurance, and any other operational costs. Be sure to consider both fixed and variable expenses.
4. Profitability Analysis: Calculate your expected gross profit margin by subtracting the direct production costs from your projected revenue. Additionally, conduct a thorough analysis of your operating expenses to determine your net profit margin. This will help you assess the financial viability of your business and identify areas for potential cost optimization.
5. Cash Flow Projections: Develop a cash flow forecast that outlines the inflows and outflows of cash in your business over a specific period, typically for the first year or two. This will help you anticipate any potential cash shortages or
1. Startup Costs: Identify and list all the necessary expenses required to launch your Documentary Production business. This may include equipment purchases or rentals, location costs, permits and licenses, insurance, marketing expenses, and initial staffing costs.
2. Revenue Projections: Estimate your expected revenue streams based on factors such as the types of documentaries you plan to produce, target markets, pricing strategies, and expected sales volumes. These projections can be based on market research, industry benchmarks, or your own experience.
3. Expenses: Outline your anticipated ongoing expenses, including personnel salaries, production costs (e.g., camera equipment, crew, editing software), marketing and advertising expenses, office space rent, utilities, insurance, and any other operational costs. Be sure to consider both fixed and variable expenses.
4. Profitability Analysis: Calculate your expected gross profit margin by subtracting the direct production costs from your projected revenue. Additionally, conduct a thorough analysis of your operating expenses to determine your net profit margin. This will help you assess the financial viability of your business and identify areas for potential cost optimization.
5. Cash Flow Projections: Develop a cash flow forecast that outlines the inflows and outflows of cash in your business over a specific period, typically for the first year or two. This will help you anticipate any potential cash shortages or
Are there industry-specific considerations in the Documentary Production business plan template?
Yes, there are industry-specific considerations in the Documentary Production business plan template. The template will include sections and information that are relevant to the specific needs and requirements of a Documentary Production business. This may include sections on market analysis, target audience, competition, production process, distribution channels, and revenue streams specific to the documentary production industry. Additionally, the template may also include information on legal and regulatory requirements, equipment and technology considerations, and marketing and promotional strategies specific to the industry. The goal is to provide a comprehensive and tailored business plan template that addresses the unique aspects of the Documentary Production industry.
How to conduct market research for a Documentary Production business plan?
To conduct market research for a Documentary Production business plan, follow these steps:
1. Define your target audience: Determine the specific niche or sector you want to cater to within the documentary production industry. This could be corporate clients, non-profit organizations, educational institutions, or television networks, among others.
2. Identify competitors: Research and analyze existing documentary production companies in your chosen niche. Look into factors such as their services, pricing, target audience, and reputation. This will help you understand the competitive landscape and find opportunities to differentiate yourself.
3. Understand customer needs: Conduct surveys, interviews, or focus groups with potential customers to gather insights into their needs, preferences, and challenges when it comes to documentary production services. This will help you tailor your offerings to meet their specific requirements.
4. Analyze industry trends: Stay up to date with the latest trends and developments in the documentary production industry. This can include changes in content consumption patterns, emerging technologies, or shifts in demand. Understanding these trends will enable you to adapt your business plan to meet current and future market demands.
5. Research market size and growth potential: Obtain data and statistics on the size of the documentary production market and its projected growth. This information can be found in industry reports, trade publications, or government databases. It will give you an idea of the market's potential and help you set realistic goals for your business.
6. Determine pricing strategies: Analyze the pricing models used by your competitors and evaluate the value you can offer
1. Define your target audience: Determine the specific niche or sector you want to cater to within the documentary production industry. This could be corporate clients, non-profit organizations, educational institutions, or television networks, among others.
2. Identify competitors: Research and analyze existing documentary production companies in your chosen niche. Look into factors such as their services, pricing, target audience, and reputation. This will help you understand the competitive landscape and find opportunities to differentiate yourself.
3. Understand customer needs: Conduct surveys, interviews, or focus groups with potential customers to gather insights into their needs, preferences, and challenges when it comes to documentary production services. This will help you tailor your offerings to meet their specific requirements.
4. Analyze industry trends: Stay up to date with the latest trends and developments in the documentary production industry. This can include changes in content consumption patterns, emerging technologies, or shifts in demand. Understanding these trends will enable you to adapt your business plan to meet current and future market demands.
5. Research market size and growth potential: Obtain data and statistics on the size of the documentary production market and its projected growth. This information can be found in industry reports, trade publications, or government databases. It will give you an idea of the market's potential and help you set realistic goals for your business.
6. Determine pricing strategies: Analyze the pricing models used by your competitors and evaluate the value you can offer
What are the common challenges when creating a business plan for a Documentary Production business?
Creating a business plan for a Documentary Production business can come with its fair share of challenges. Some common challenges include:
1. Understanding the industry: It can be difficult to fully grasp the intricacies of the documentary production industry, including the current trends, target audience, and competition. Thorough research is necessary to gather accurate information and make informed decisions.
2. Identifying the target market: Determining the specific niche or audience for your documentary production business can be challenging. It's essential to understand who your target market is and how to effectively reach and engage them.
3. Budgeting and financial projections: Estimating the costs involved in producing a documentary can be complex. Developing a comprehensive budget and accurate financial projections can be challenging, as expenses can vary greatly depending on the nature and scale of the documentary.
4. Securing funding: Funding is often a significant hurdle in the documentary production industry. Convincing potential investors, sponsors, or grant organizations to financially support your project requires a well-structured business plan that clearly outlines the potential return on investment.
5. Developing a marketing and distribution strategy: Creating a captivating documentary is just the first step; effectively marketing and distributing it is equally important. Developing a marketing and distribution strategy that aligns with your target audience and budget can be tricky, especially considering the evolving landscape of digital platforms and streaming services.
6. Addressing legal and copyright issues: Documentaries often involve using copyrighted material, interviews, or footage from various sources. Ensuring that all necessary
1. Understanding the industry: It can be difficult to fully grasp the intricacies of the documentary production industry, including the current trends, target audience, and competition. Thorough research is necessary to gather accurate information and make informed decisions.
2. Identifying the target market: Determining the specific niche or audience for your documentary production business can be challenging. It's essential to understand who your target market is and how to effectively reach and engage them.
3. Budgeting and financial projections: Estimating the costs involved in producing a documentary can be complex. Developing a comprehensive budget and accurate financial projections can be challenging, as expenses can vary greatly depending on the nature and scale of the documentary.
4. Securing funding: Funding is often a significant hurdle in the documentary production industry. Convincing potential investors, sponsors, or grant organizations to financially support your project requires a well-structured business plan that clearly outlines the potential return on investment.
5. Developing a marketing and distribution strategy: Creating a captivating documentary is just the first step; effectively marketing and distributing it is equally important. Developing a marketing and distribution strategy that aligns with your target audience and budget can be tricky, especially considering the evolving landscape of digital platforms and streaming services.
6. Addressing legal and copyright issues: Documentaries often involve using copyrighted material, interviews, or footage from various sources. Ensuring that all necessary
How often should I update my Documentary Production business plan?
It is recommended to update your Documentary Production business plan at least once a year or whenever there are significant changes in your business. This could include new goals, strategies, market conditions, or financial projections. Regularly reviewing and updating your business plan ensures that it remains relevant and aligned with your current business objectives. Additionally, it helps you stay organized, make informed decisions, and secure funding or partnerships.
Can I use the business plan template for seeking funding for a Documentary Production business?
Yes, you can use the business plan template for seeking funding for a Documentary Production business. The template will provide you with a comprehensive outline and structure to showcase your business concept, market analysis, financial projections, and marketing strategies. It will help you demonstrate to potential investors or lenders the viability and profitability of your Documentary Production business. Additionally, the template will assist you in organizing your ideas and presenting them in a professional and persuasive manner, increasing your chances of securing funding for your venture.
What legal considerations are there in a Documentary Production business plan?
When creating a Documentary Production business plan, it is essential to consider several legal aspects to ensure compliance and protect your interests. Here are some key legal considerations:
1. Business Structure: Decide on the appropriate legal structure for your documentary production company, such as a sole proprietorship, partnership, limited liability company (LLC), or corporation. Each structure has different legal implications regarding liability, taxation, and management.
2. Intellectual Property: Address the ownership and protection of intellectual property rights in your documentary production business plan. Determine who owns the content, such as scripts, footage, music, or interviews, and outline the steps to secure copyrights or licenses for third-party materials used in your documentaries.
3. Contracts and Releases: Documentary production involves working with crew members, contributors, interviewees, and other professionals. Include provisions in your business plan that address contracts and releases, outlining the rights and responsibilities of all parties involved. This includes obtaining necessary releases and clearances for using people's names, images, or copyrighted materials in your documentaries.
4. Privacy and Confidentiality: Respect privacy rights and maintain confidentiality when dealing with sensitive information or personal data. Develop policies and practices to handle and protect confidential information and ensure compliance with data protection regulations.
5. Employment and Labor Laws: If you plan to hire employees or engage freelancers, familiarize yourself with employment and labor laws in your jurisdiction. Understand your obligations regarding wages, working hours, benefits, taxes, and health and safety regulations.
6. Insurance: Consider obtaining
1. Business Structure: Decide on the appropriate legal structure for your documentary production company, such as a sole proprietorship, partnership, limited liability company (LLC), or corporation. Each structure has different legal implications regarding liability, taxation, and management.
2. Intellectual Property: Address the ownership and protection of intellectual property rights in your documentary production business plan. Determine who owns the content, such as scripts, footage, music, or interviews, and outline the steps to secure copyrights or licenses for third-party materials used in your documentaries.
3. Contracts and Releases: Documentary production involves working with crew members, contributors, interviewees, and other professionals. Include provisions in your business plan that address contracts and releases, outlining the rights and responsibilities of all parties involved. This includes obtaining necessary releases and clearances for using people's names, images, or copyrighted materials in your documentaries.
4. Privacy and Confidentiality: Respect privacy rights and maintain confidentiality when dealing with sensitive information or personal data. Develop policies and practices to handle and protect confidential information and ensure compliance with data protection regulations.
5. Employment and Labor Laws: If you plan to hire employees or engage freelancers, familiarize yourself with employment and labor laws in your jurisdiction. Understand your obligations regarding wages, working hours, benefits, taxes, and health and safety regulations.
6. Insurance: Consider obtaining