On Friday 19 December 2014
Finance is what will cover the funding of your particular product, then the producer will have to decide where and how these costs will be spent, an understanding of your budget will need to be concluded before any production can begin so the company can avoid over spending or spending the budget somewhere else that isn't as needed as another element. This will then enable the producer to track where and how their funding constantly, when considering the elements of the product/service you are creating the budgeting is a major part of all of this, without a budget it is very unlikely that the video would be successful, the money could be spent without a purpose leading to it not being so useful.
