In order to make the best film possible, proper funding is needed in order to be able to afford all the necessary supplies and obtain all necessary resources for filmmaking. The budget you need should be determined by the script, actors, directors, and equipment. Taking all of these into consideration and scoping out what your budget should amount to, it is also important to remember what your chosen production company usually provides. From past research (see blog post 'Choosing a Production Company'), we know that our production company, Blumhouse Productions, only really provides lower budgets as they prefer to be cautious, in case a film they finance doesn't do too well, they at least have not spent a monstrous amount of money on the film and won't lose as much money. After taking all of these things into consideration, we have decided that our requested budget for our film is approximately $5,000,000 USD. This will cover for the cost of paying our actors, director, production designer, editor, cinematographer, and all of the other roles involved in the making of this film, and will also cover the cost of location scouting and equipment such as microphones, lights, cameras, costuming, and props.

Sources
https://www.indiewire.com/2015/10/how-to-determine-the-right-budget-level-for-your-film-56083/
https://entertainment.howstuffworks.com/movie-cost1.htm
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