5 Tips from the Pros on Starting a Photography BusinessAugust 31st, 2015
You’re restless in your office cubicle, or maybe the number of friends’ compliments on your photos is increasing, or perhaps you’re just ready to dive in and do what you love for a living. Before you start your own photography business, you’ll need to do some serious research and planning. Here, five of our Pro Team members share their words of wisdom on what you should take note of before taking the plunge.
Being a full or part-time photographer means more than clicking the shutter. You are running a moneymaking business, and it’s important to be financially wise and put together a business plan so you can set goals. Several Pro Team members agreed: It’s definitely more business than photography.
“Take as much interest in the business side of things,” says music and commercial photographer Martin Hobby. “So many businesses don’t have a business plan, but without one you are wandering around in the dark. How do you know what you should be charging if you have no idea how much you need to earn to survive each month?” He recommends starting with a piece of paper, and asking yourself:
- How much do you need to earn to cover all your basic living expenses each year?
- How much is your basic business overhead? (Add up all your equipment costs, insurance costs, advertising, office rent, etc.)
- Add these two figures together
- Divide by the number of jobs you think you will do a year: this gives you the minimum you must charge per job to cover your basic lifestyle.
There are a lot of factors that go into starting a business that go beyond your vision. “Research general requirements in your area, such as licenses, taxes and insurance requirements,” says music and pet photographer Amiee Stubbs. “You should also research the competition! It’s surprising to me how many people start a photography business with little awareness of what is already being offered in the market.”
Erica Peerenboom, senior portrait and boudoir photographer, says it’s best to seek professional help. “Check with your state about the requirements and permits needed to start a business. If possible, I recommend having a professional help you set everything up. I did this, and I didn’t want anything left out that I could later get in trouble for, especially with taxes!”
“The photography business is one of the few professions where clients look at your actual work and not your resume first,” says sports and nature photographer, David Liam Kyle. Your website is everything these days: your billboard advertisement, your storefront, your portfolio and blog. Make sure your site not only beautifully showcases your work but also helps get you more clients and increase sales. “Zenfolio is my modern-day portfolio. I can refer clients to specific links and private client folders that they can view and download images from in a professional manner. This also gives them the opportunity to see more of my other photography while they are at my website.”
“Zenfolio is a huge time-saver: it’s so easy to use that I don’t have to devote much time to creating a fantastic-looking website,” says Amiee. “I stay so busy that I don’t have time for in-person sales, so it allows my clients to purchase directly through the site.”
And lastly: “What is that old saying? You only get one chance to make a first impression…” says Erica.
What’s the cheapest and easiest way to get your work out there? Using Facebook and Instagram to grow your following. Olympic photographer Jeff Cable has more than 40K fans on Facebook alone and gains new followers by posting live action Olympic shots during the season. “Social media is critical these days,” he says.
Some photographers, such as Jeff, use social media to communicate with other photographers; others use it to gain more clients; and others use it to showcase their personal lives. “I am different than many other photographers, because my social media is aimed more at photographers than potential clients. I teach photography all over the world and have a following from that.”
Martin lets his personality shine through not only on website but on social media as well. “The lines are blurred between me and my business. I don’t want to come across as too slick and corporate. I would sooner be regarded as slightly used, battered and eccentric,” he says.
Just because it’s your photography doesn’t mean you need to run the show alone. It can be wise to enlist the help of friends and family when starting out, and down the line even hiring an accountant, manager or team members to help keep you organized and sane. (Plus, how many creative people enjoy doing the booking and numbers?)
Help from a spouse is common among the Pro Team: Martin, Amiee and David all have spouses who help run their businesses.
“My business is run by my wife, Dawn, who is my boss,” says Martin. “She’s rock solid and handles all the admin and bookkeeping stuff that I absolutely hate. She’ll be taking over all the social media side once our little boy starts school.”
Martin also uses a freelance retoucher for editing jobs, and has stared working with a marketing agency to rebrand his website.
“A good accountant is also a must, they will save you more money than you pay them.”
Ready to take the plunge? Be sure to download our Marketing & Selling Guide, and read our Guide to Creating a Business Plan.
Meet the Experts: