Business plan makers in los angeles

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Business plan makers in los angeles

BBC News in Albuquerque, New Mexico New Mexico is attracting a new breed of cost-conscious film-makers Los Angeles, the self-proclaimed movie capital of the world, is facing its biggest crisis in the history of film-making. Hollywood is being snubbed by its own creative talent. There is something of a stampede by the entertainment industry to get out of town.

Long before the global economic downturn kicked in, film-makers were upping sticks and leaving Los Angeles for more cost-effective locations to shoot their movies. Canada was one of the first countries to benefit from Hollywood's so-called runaway productions, but now the competition is closer to home.

More than 40 US states are offering film-makers tantalising financial incentives, such as rebates and tax-free loans, to make the next blockbuster in their backyard.

The figure compares with 21 films last year and 71 in Mr Audley has seen a massive decline in LA-based film productions "It is a dramatic loss and we're seeing similar trends in television," says Paul Audley, President of Film LA, the body that issues filming permits in Los Angeles.

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The loss of film production to states offering generous financial incentives to the studios has cost California billions of dollars and tens of thousands of jobs. After all, there is a huge knock-on effect when a studio decides to relocate. Catering companies, lumberyards that build the sets, make-up artists and freelance camera operators are all affected.

With a similar climate to California - plenty of sunny days with wall-to-wall blue skies - it is a perfect place to make movies. The state enjoys many of the characteristics that attracted the pioneers to Hollywood, decades ago. Now, with a state-of-the art film-making facility, Albuquerque Studios, the state is well-equipped to make movies of any genre.

Star power He is currently scouting the state for a location that resembles a beach in the San Francisco Bay. It is a post-apocalyptic thriller in which the Oscar-winner stars as a lone warrior named Eli, who battles to save the future of humanity.

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Much of the movie is being filmed in a desolate desert location on the outskirts of Albuquerque - which makes a perfect setting - but the production company chose the venue because it made financial sense.

Resigned to leaving California, they are shopping around in other states to get the best deal.

business plan makers in los angeles

Mr Kosove says the film industry is just like any other small business "The industry's home is California, but contrary to what may be popular perception - because of a few movie stars that live in big mansions - it's a business with very difficult economics.

The state's burgeoning film industry is enjoying a boom period. The use of new film-making technology has also hastened the exodus from Hollywood.

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Californian action It all begs the question: The film-making exodus has many people in Los Angeles deeply worried about runaway productions. California has only just introduced a measure offering film-makers incentives, although the plan has been criticized for being too little too late.Our business plan writers in Los Angeles, California help Los Angeles and California based businesses develop business plans and raise capital.

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