Archive for Business – Page 26

Starting A Photography Business: Part 9 – 2+2 is 4

Yippee, it’s time to work out how much money we are going to make and how much profit we are going to get from our pictures, well gosh I wish it had been that easy.  It was as if it was a trade secret or something, how to work out costings and how to work out profit and how to work out how much to charge.  Yes sure, I’d had a look around some photography websites and been a little scared at the prices people were charging as they seemed so low.

I read an article in an art magazine that said you price accordingly depending on whether you are full or part time in your creations.  Now for me I don’t see why that makes any difference; the chances are you’ll spend the same amount of time taking a photo whether you are working full time or part time and why should working part time mean that your picture is worth any less?  And if you are working part time looking to become full time and you work on that philosophy you are eventually going to have to increase your prices so you can afford to live and maybe scare away loyal customers.

For me, it’s important to find a price that I am comfortable with and that I think is a fair price for my work and one that will support me.  I asked so many people how to do pricing, I went to my local chamber of commerce and got a very long winded answer but it never gave me the answer that I needed, it seemed like that there was no set formula, I asked everyone I could think of until finally a friend suggested I list all my costs put on my profit, take the total and divide it by the total number of days in the year to get the total cost of one unit.  It seemed like a perfectly simple idea to me so that’s how I’ve done my pricing.

Strangely enough since doing my pricing I’ve been talking to people and discovered that’s exactly how they’ve done theirs too.  I really don’t understand why it’s such a secret.  You don’t have to reveal what your costs are, you don’t have to reveal what your profit margin is but I think it’s helpful to explain to a novice like myself that this is one way of working it out, I’m sure there are plenty of others ways too. Read More→

The Art of Business and the Business of Art: Being a Professional

Chelsea-Class of 2011

The term “artist” is thrown around a lot these days. I see a lot of self-proclaimed “artists” describing their passion for photography, and how they just enjoy creating images for people. They don’t want to deal with all that “business stuff”. Unfortunately passion alone does not pay my mortgage and the grocery store doesn’t seem impressed when I say, “But I’m an ARTIST,” when I go to check out.

This is definitely the case with senior photography. If you want to run a successful business in senior photography, or any genre of photography, then you cannot be afraid or ashamed of the word “business.” You must be a professional in all aspects of your business. Especially photographing high school kids. Last year during tax season I watched my wife’s anxiety and frustration as she sifted through receipts, renewed our professional memberships, added up sales and expenses, etc. I made my Facebook status “there is a big difference between being a photographer and running a photography business.”  Today I will discuss professionalism in running a photography business. Read More→

Starting a Photography Business: Part 8 – Listen To The Voice!

I had an aha moment last week, it was a big one, it was a grateful one and it was almost, how could you have been so silly? Since having the idea of the business finding reliable suppliers has become one of the most important parts. The website was pretty much sorted as soon as I came across Smartdecat, job done; the printers were another question.

I wanted a printer and a framer in one rather than having to run between two places, and doing an internet search I came across a fantastic company, not too far away from me who just felt right from the moment I saw their site. Have you ever had that where you just instantly know, without even knowing too much about something?

I met the salesman and the owner at a trade show earlier this year and took to them both, professional, personable and friendly, yet when a fellow photographer told me they’d had small problems with this particular printers I ignored my gut instinct that was saying ‘these are good guys’ and went looking for a different company.

Printers seemed to be few and far between and finally finding one that was also cheaper than the rest I contacted them. The first meeting with the salesman should have told me all I needed to know but new to doing business on my own behalf I had so much going on in my mind I just didn’t read the signs, he arrived with just one frame moulding in two different colours rather than a bagful which was of course the most expensive. In my head a voice was saying ‘what about the other printers?’ I silenced it. When I had to constantly chase the salesman for information & samples I ignored the insistent voice. Read More→

Tools for Your Photography Business – Financials

This is the second in our series looking at essential tools for your photography business. We’re going to be looking at some of the essential tools you’ll need to acquire in at least the first year (if not the first month) of your business.
 
Other articles in this series –
Part 1  – Software and Online presence
 
This article is written with a UK audience in mind – especially regarding certain specifics with regards to Tax…….. the general message should be fairly universal though.

Part 2 – Financials

Forget the love for the medium or aspirations of finally winning the praise of our contemporaries…….. it’s all about the money at the end of the day………. Unless of course your business isn’t concerned with such irrelevant things money….. then it won’t in fact be a business at all so you’ll have no reason to read on…..

There are a few things that need to be done correctly when running any business and dealing with the monies is right up there.

Your business Account

Get yourself a business account even if you are working on your own and getting paid in cash which you then hide in plastic bags around the house. At some point someone is going to give you a cheque and accounting gets very confusing if your outgoings and incoming are all muddled with your personal transactions and weekly grocery big shop. Read More→

The Digital Debbie Syndrome and Why it’s Here to Stay: by Georgia McCabe

Certainly there has been an aura of mystique surrounding the professional photographer for generations just as there is mystique shrouding most professions. There is one significant difference however in the Photography niche.

Professional Photographers have for quite some time now been smarting under the avalanche of Digital Debbie’s, who they mostly view with disdain. Why so? Well it takes more than a fat wallet and a shed load of Digital SLR’s and all the other Photographic paraphernalia to call yourself a professional.

The aspiring Digital Debbie with some spare cash can head on out to the nearest store and in an hour or two, with a little tweaking, can look almost like a professional. You know the three shoulder bags and a couple of tripods and an air of superiority can actually make you believe you really are a pro and not just a usurper.

They say you have to look the part to feel the part. You know the “fake it till you make it” idea beloved of marketing mentors. It works! At least for a time until you make the first mistakes!

The advent of the Digital Age has made it far easier for amateur photographers to slip in unannounced like a stealth drone and place a beautifully positioned tank buster under all the Professionals in their geographic area! Boom… what a mess! Read More→

How to Network Without Being a Slimeball: by Chris Horner

We know deep down we need to do it, even though it can make our stomach turn just thinking about it. Sometimes we get the impression of the plaid coat used car salesman fast talker running around with a megaphone, shouting about themselves to everyone they see.

Even in this digital-Twitter-Facebook saturated world, in-person networking can be some of the most productive that you can do. I’ve been to a thousand of these events for various positions that I’ve held, and I’m here to tell you that, done correctly, it’s not a waste of time. In this article, I’m going to give you some tips to make your time at these events productive and maybe, just maybe even enjoyable.

If you’re nervous in new settings and meeting new people, you are not alone. In fact I’d bet 85% of the other people at the event feel the same way you do. Secondly, remember that they are people living in the same environment that you live in. They have the same struggles, the same fears, and the same hopes you do. And most importantly, they’re there to do the same thing that you’re there to do.

BEFORE YOU START NETWORKING

Think carefully about your goals for networking. Are you looking to connect straight to new clients, or are you looking to gain referrals from other businesses? A mixture of both perhaps? Whichever way you’re looking to go, you’ll need to take a long-range view here. Successful networking is about consistency; it’s not just a one-shot deal. Wherever you decide to land, the more involved you are and the more you are seen the more successful you’ll be. Read More→