It may seem simple but you'd be astonished at how many clients enter into conversations before having any concept of the project's budget. Get rough estimates from at least three different video production businesses to get a sense of market prices if you're unclear about the kind of budget you should establish. There are a variety of expenses to take into account depending on whether you want live-action or animated content. Live-action productions demand a huge amount of hiring fees, but the animation isn't always less expensive. A budget can help the video production company you want to deal with understand what they can accomplish for you depending on your stated budget.