10 Steps to Jump-Start Your Photography
Business
Here are ten key steps to start and grow a profitable,
debt-free photography business.
1. Practice! Keep a camera with you all of the time. Study
other photographers and try to emulate images that you love.
Spend time learning basic and advanced image editing. Learn
your camera in and out, and practice with settings and modes
that you don't normally use. Take advantage of free and low
cost photography blogs and web sites. Consider joining PPA,
WPPI, SEP or a local photography group or club. Make a list of
50 things you want to do with your photography and try to cross
of one item each week.
2. Define Your Business. Create a business name and get some
cards printed up. You can get several hundred cards for under
$20. Do your web research to make sure you aren't choosing a
name that is already used.
3. Define Your Finances. Get a separate business checking
account. You will want to completely separate your business
financial activities from your personal finances. Get online
banking so you can check your balances. Keep a spreadsheet at
home or use a program like Quicken to track and record your
expenses.
4. Get online. Hosting a website is not expensive. You can
purchase great photography web templates for under $100. Create
and feed a blog. Get on Facebook and create a business page.
Search for and join web-based business locators like Merchant
Circle and Google Local Listings. Create coupons and special
offers to draw in customers.
5. Define your target market, both geographically and
demographically. What kind of work do you want to be known for?
Seniors? Weddings? Landscape? What other work would you take?
Draw three columns on a sheet of paper. In the first, note the
kind of work you would love to do; in the second, what you
would be OK doing, and in the third, what you would rather not
do. It will help you formulate your mission and marketing
messages.
6. Set Your Prices. Define your value proposition to your
customers. You can't give work away, or undercut everyone, or
you'll go out of business. If you factor in your time and the
cost of everything to keep your business running once you get
established, you will understand why prints cost what they do
from other professionals. Benchmark your competition and
understand their pricing and offerings. It's better to be in
their range but not highest or lowest as you are getting
started. If you price cheap, people will undervalue your
contributions and as you grow it will be harder to command the
prices you need to be profitable. It's OK and expected to
change pricing.
7. Spread the word. Read "Guerilla Marketing" books by Jay
Levinson, and "Purple Cow" by Seth Godin. Blog like crazy.
Study "Search Engine Optimization" to make your web's page rank
higher. Look for ways to generate publicity. Approach family,
friends, co-workers and people in church for special "starter"
sessions. Offer your customers rewards for referrals.
8. Develop Partnerships. Create cooperative relationships with
local businesses, nonprofits, schools, churches and other
organizations. Become their "go-to" person for event
photography and promotional photography. Donate sessions,
products and gift certificates to fund-raising auctions and
galas. Get to know the leaders in your community and find ways
to make them successful and visible through your work.
9. Grow your business debt-free. Create a list of the hardware,
software and purchased services that you would like to have.
Price them out and rank them in order of your need. Only buy
them when your business bank account allows it. Make sure you
have reserves in the account to cover samples, upcoming fees
and taxes and insurance. If you devote a high percentage of
your first few years profits into growing your business assets,
you will be able to stay debt-free and keep the business
growing, while still taking some profit each year.
10. Pay your Bills. Make sure you collect and pay sales and use
tax. Retain and pay quarterly federal and state taxes if
appropriate. Have the right amount of liability insurance. Keep
good records of mileage, supplies, prints, office expenses,
education, advertising and any other expense category that
would count as business expenses.
What about equipment? Of course you will need a camera and
other equipment, but don't assume you need to run out and get
the latest and greatest SLR and lighting systems. Start small,
with your current camera or an older model picked up off of
Craigslist or other used gear source. Add some inexpensive
reflectors and/or home-grown lights to start with. As you earn
money, you can work your way through your list, and you'll
appreciate every new piece of gear even more. The same goes for
software. Free, open source image-editing software such as The
GIMP is a great way to get started. Corel's Paint Shop Pro is
also excellent and very reasonably priced. And you don't need a
printer, other than to print normal business correspondence.
Hook up with a good local or national professional lab and you
can get great prints and great support. One idea I have found
useful is to put your wish list on Amazon, and drop some hints
around the holidays and other occasions. Your family will
appreciate knowing that what they buy you will be put to good
use!
There you go! By following these ten steps, you can take your
vision of being a pro photographer and make it a reality! What
are you waiting for?
Photography
by John Huegel -
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