How much should I rent my equipment for?

To calculate a rental, you would multiply the total cost of a piece of equipment x 5\% / month x 13 x 80\% to arrive at the estimated annual rental dollars a rental company wants to achieve. By doing this, they would generate a 35\% to 40\% gross profit, which includes maintenance, insurance and the limited fuel they fund.

How much does it cost to rent a cinema camera?

Daily Price $85 Weekly Price $255.

Do filmmakers rent cameras?

But generally, cameras are rented when it comes to feature films or television shows because filmmakers choose the camera that best fits the story and the director’s vision instead of forcing the camera that they may own onto the page.

What is the most rented piece of equipment?

Most Frequently Rented Construction Equipment “Scissor lifts [are] generally the most rented item anywhere – but in terms of revenue, large booms and cranes make up the majority of our business.

How does an equipment lease work?

In simple terms, equipment leasing has some similarities to an equipment loan, however it’s the lender that buys the equipment and then leases (rents) it back to you for a flat monthly fee. Most equipment leases come at a fixed interest rate and fixed term to keep those payments the same every month.

How do you charge for equipment usage?

Multiply the number of weeks you’ll be working by the number of hours per week (26 * 40 = 1,040) and divide that number into the amount you want to earn (30,000 / 1,040 = $28.84.) $28.84 is the MINIMUM hourly rate you need to charge for your time. Increasingly, the industry is moving to either weekly or flat fees.

How much does it cost to rent a red dragon camera?

Pricing Chart

Rental Period	Rental Price	Price Per Day (Approx.)
3 days	$440.00	$146.67
4 days	$471.00	$117.75
7 days	$628.00	$89.71
10 days	$848.00	$84.80

Does ShareGrid have insurance?

Yes, we offer an annual policy through our insurance provider Athos Insurance. This is the most comprehensive insurance option available on ShareGrid. As an added benefit, when you purchase a short-term or annual policy directly through ShareGrid, the policy is fully integrated with your account.

What are the most common types of equipment rented?

Here’s a list of residential equipment that is among the most common to rent:

• Generators.
• Light towers.
• Plumbing snakes.
• Utility trailers.
• Dump trailers.
• Insulation vacuum.
• Paint sprayers.
• Concrete planers.

How do I record my rent to own equipment?

How to Record “Lease to Own” Computer asset

1. Create Other Current Liability account for the loan/lease payable.
2. Create Fixed Asset account for Computer Equipment.
3. You must use a General Journal Entry, as taxes cannot be entered from the register.

Why do Filmmakers need film equipment rentals?

Each and every project requires a different type of camera, a different set of lighting, and a different set of audio equipment. It’s just not possible to buy new production gear for every project. This is why filmmakers must rely on film equipment rentals.

How much does it cost to hire a film crew?

Essentially, film crew rates depend on the services and equipment they’ll need to use during the production of your film. Film directors can charge $25/hour to $250/hour while cameramen typically charge $25/hour to $400/hour depending on the equipment and length of video.

Where can I rent video equipment in Los Angeles?

There are dozens and dozens of places around LA for video equipment rental but here is a list of our favorite rental houses: ShareGrid allows you to rent gear from private renters and rental houses all in one place. You can secure production insurance at a yearly rate, or cover an individual production.

How long does it take to rent camera gear?

Pretty easy to Camera, lighting and support gear varies extremely widely depending on what gear you would like to rent and for how long. Many rental houses offer a 3 or 4 day week (7 days of rental for three or four single rental days). and most offer a three week month.