Starting A Photography Business – The Ultimate Insider’s Guide

Are you thinking about starting a photography business?

You’ve probably come across more than half a dozen websites talking about what kind of business type you should go for, what the legal requirements of starting a business are, bookkeeping and taxations issues, etc. That’s good information, but it doesn’t exactly answer the most important question in your mind right now.

If I were you, I would be much more interested in finding out how exactly I can consistently get people to pay me for taking photos. That’s the essence of every successful photography business, and that’s what most people who are starting a photography business struggle with.

If you want to start your business the right way, get a constant stream of clients to hire you to take their photos and quickly exploding your business profits, you’ve come to the right place. What I am about to share with you will help you to achieve all this and more when you are starting a photography business.

Starting A Photography Business The Right Way

Want to know the biggest mistake that you can make when you’re starting a photography business? It’s blowing your entire budget on expensive camera equipment and editing software before you even land your first client. Sure, you will need some equipment and software to do the work, but do you need to spend tens of thousands of dollars before you even get paid? Of course not!

A smarter way to go about starting a photography business is to get only the basic equipment and software that you need in the beginning.

Most of the time, you will only need a basic camera, just the one lighting system, a white screen and Adobe Photoshop. This shouldn’t set you back more than a few thousand dollars, and you probably already have a good camera and some solid lenses anyway.

By starting a photography business on a shoestring budget, there’s no pressure on you to charge high prices to recoup your investment quickly. That way, you can focus on getting clients, establishing your portfolio and building a good reputation for yourself. Once you have built up a steady stream of income for your photography business, you can easily upgrade your equipment without dipping into your own pocket.

Do you need to attend photography school before starting a photography business? There is a lot of debate going on about whether people should take a formal course in photography before starting a photography business, and I would say that it’s good but not necessary. Most people are better than they give themselves credit for, so have some confidence in yourself. You don’t need a piece of paper to prove that you can take good photos.

The Secret To Getting More Clients

As I mentioned earlier, the biggest challenge that people face when they are starting a photography business is getting clients. What most people don’t realize is that their clients are literally all around them right now! I’m talking about people that you already know: friends, relatives, past and present colleagues and more.

Some people may feel bad about marketing to their existing contacts when starting a photography business, but they don’t realize that they are missing out on a huge opportunity in doing so. After all, people who know you already like you and trust you, so they’d be much more willing to do business with you than a stranger.

Of course, you shouldn’t do any “hard selling” to get them to use your service. Just let them know that you’re starting a photography business and you’re available to take their photos when the occasion arises.

Once you have landed a few clients, I don’t have to tell you how important it is to go above and beyond to give them good quality photos. You’ll want them to love the results and start raving about your photos to their circle of influence. You’ll create lifelong fans of your photography business, and more importantly your fans will become your walking salespeople as well.

So how should you price your services when you are starting a photography business? One mistake that people starting a photography business will make is to charge well below the market rate, which only serves to cripple their business in the long run. It’s okay to charge slightly less, say 10-20% below the market price as an “introductory rate” at the start, but you should never do it for 50% of the average price. If you do, you’re undervaluing yourself, not to mention that you’re hurting your business and the overall industry too.

If you’re really serious about taking your business to the next level, then you shouldn’t just rely on your own circle of influence and word of mouth marketing. There are many ways to increase your exposure and give clients more ways to find you, like entering photography competitions, developing non-competing relationships with people in the industry, and running promotional events from time to time.

Exploding Your Business Profits Quickly

Now that you know the essential steps of starting a photography business and getting a steady stream of clients beating a path to your door, it’s time to really grow your business and explode your profits along with it.. Getting this part right will be the difference between you scraping a living and making it big as a photographer.

Firstly, I encourage you to have a big vision when you are starting a photography business. Don’t just think in terms of you doing the marketing, shooting and post-processing.

While you may not be able to afford to outsource certain tasks or hire any staff right when you are starting your photography business, you should certainly be thinking about it as you build your business. As soon as you’re bringing in some regular income, the first thing that you should do is to outsource your post-processing. Believe it or not, there are people who enjoy doing this and will charge a reasonable price for it.

Once you have sorted out the outsourcing of your post-processing, the next step is to find a good apprentice that you can train up with view to working for you in the long run. Many people are reluctant to do so because of the extra workload and the cost involved, but it’s very important in the long run. That way, if you’re sick, want to take a holiday or just want to do multiple shoots at once, you have a qualified person in your business to help you out.

Finally, as you build up a solid database of clients and grow your profits month by month, you may want to think about taking things to the next level. You may lease your own small studio, hire some full time staff and establish yourself as a reputable business in your niche. The sky’s the limit!

All in all, I’m sure you will find that starting a photography business is a very rewarding and enjoyable journey. More importantly, you’ll be making good money while doing what you love, rather than slogging it out with something that you don’t.