The business side nobody tells you about, and how to begin

December 29, 2017  •  Leave a Comment

So there I was, all prepared and ready, wanting to go out there and start taking photographs, which is pretty much all I knew about photography before starting this journey. I know my style, composition, camera settings, lighting scenarios. I know all this well enough to be able to make it, i was ready ...... Then the whole business side of photography came into play, and it almost shredded me to pieces.

It was not easy to absorb so much information. I am a very organized person, i always keep records, paperwork, and have a very good knowledge of book keeping and excel etc. This was a whole new game, what type of business was I going to be?, how was my portfolio being prepared?, website, business cards, advertising, social media etc.

I took  deep breath and started to organize myself. If you ever want to start a business in photography, here are some pointers based on my experience.

  1. Create documents with different sides to the business: Equipment Inventory, Contract templates, Creating a company.
  2. Do everything by the book, do not try to skip steps, do not trade without a business name. Is not worth it.
  3. Be organized, keep receipts, print everything and keep hard copies.
  4. Investigate the different types of businesses you can setup (Sole trader vs Limited Company for example in the UK).
  5. Do not go crazy buying new equipment, like Zack Arias calls it: GAS (https://en.wikipedia.org/wiki/Gear_Acquisition_Syndrome). I personally use what I have and learn my camera and lenses very very well, i make them second nature, i understand them. This makes a huge difference for any assignment.

The truth is I enjoy the business side, not as much as i enjoy going out and taking photographs, but it makes me feel good, it makes me feel i am part of something i own, and all the sacrifices i make are worth it, because is MY business, and I run it.

Some useful links to get started (UK Only):

Set up a business : https://www.gov.uk/set-up-business

Companies house : https://www.gov.uk/government/organisations/companies-house

Cheers,

Andres.

 


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