And you also need…
Add it up and the first-year cost isn't £40k. It's closer to £55k–£65k once you factor in equipment, software, management overhead, and recruitment.
What startups usually underestimate
The costs above are tangible. But there are a few things that don't show up in spreadsheets until later.
Agencies with producer-led production can absorb those spikes because they have systems and capacity. In-house teams... usually can't. Not without burning out.
The cash flow question
How we've seen this play out
Corporate video production London vs in-house: the stage question
The corporate video production London vs in-house debate doesn't have one right answer. But one path is usually lower risk when you're early stage and still figuring things out.
Here's a rough guide:
That's usually how the decision lands.
FAQ