Videomaker – Learn video production and editing, camera reviews › Forums › General › Video and Film Discussion › To Buy or Rent? That’s a good question…. › Composite1: I’m confused.
Composite1: I’m confused. Why should any cost “cut deep into your profits?” Profits come above costs, not despite costs. All costs should be taken into account when quoting a price for the job to a client, including your salary, equipment rental and amortization costs, transportation, meals, etc. Additionally, added a cushion for unexpected contingencies and percentage above costs for profit.
A client doesn’t know, or care, whether you own or rent your gear, just how much the job will cost.