Photography is what type of business




















Many customers want their photos on mugs, plates, t-shirts, bags etc. If you have the right equipment you can offer this service. The more experience and equipment you have the more objects you can personalise for people with their photographs.

Before you start investing in the right equipment, learn a few strategies from the photography business below:. Say it Creative is an online gift store that offers uniquely personalised gifts. Their customers can have gifts with personalised photos, dates, names, monograms, event names or special messages.

Say it Creative creates and delivers the item so all their customers need to do is design it on their online platform. Say it Creative also offers event planning services and offer the extras their customers could need for hosting a special party or event. They have a physical showroom for those who want to see what the items could potentially look like before ordering them.

If you have the right equipment and several years of experience you can run your own photography courses and give the gift of photography to others. Ensure you offer multiple courses so your customers can keep coming back to your business.

Before you get going you can learn a thing or two from this example of a photography business:. Danie Bester is a fine art photographer and lecturer who has taught classes all over the country.

He has gathered a world-class team, all specialists in their own fields, to teach a broad variety of photography courses. They have a hands-on approach and have an extensive amount of practical class time and excursions. Digital Photography Courses offer a variety of photography courses from beginner to more sophisticated courses aimed at advanced and professional photographers.

If you enjoy photographing people, specifically portraits, this could be the photography business idea for you. Bridget Corke specialises in many different types of photography but has done family portrait photography for 13 years. She likes to capture raw emotions from her clients, and her photographs are either in black and white or with minimum props. Bridget Corke offers a Then and Now option for her family photography clients. She uses this product for return business so families can have new and old family photographs.

If you have experience with building and room photography, you can start this photography business. Before you get started here is a successful example of a real estate photo service you can learn from:.

Fourth Wall Photography focuses on bringing out the magic of any home or building. They offer Real Estate Photography, Aerial drone photography and real estate videos to help both agencies and home owners sell their properties.

Fourth Wall Photography is based in Cape Town, but for clients outside this area they are willing to travel throughout South Africa to offer quality, efficient and reliable photography.

To ensure you get enough clients you can always partner with wedding venues. Related: Want to Grow a Photography Business? Look Beyond the Picture.

Here is a successful example of a wedding photography business you can learn strategies from:. Alexander Smith Photography have a style that could be compared to creative photojournalism, they candidly capture a wedding day from behind the scenes. I went to a county building, researched to make sure there was not already another business with that name, then filed some paperwork, paid a small fee, and had to advertise the name in a local paper for three weeks. Once the name was official, I had to get a city business license another small fee and confirm that my business address my rented condo was zoned for that type of activity.

Come tax time, I used the business bank account to total up my income and expenses not much and a lot, respectively. Then I filled in an attachment to my tax form called a Schedule C. I made a loss that first year, which was great, because I was able to write-off a new camera and computer and get a refund on my income taxes! You can even make a loss and get a tax credit. Consult the IRS and a local tax preparer for more information.

For the first one, you need a corporation ; for the last one, you can have a partnership. This is similar to a sole proprietorship but with more than one owner. You can get funding from someone else, work with a friend, and divide responsibilities based on your strengths.

There are two types of partnership: general and limited. With a general partnership, all partners are nominally equal and have their personal assets exposed. This is good if you have a rich uncle or supporter — someone who is willing to give you money in return for ownership and profit participation, but understandably wants to protect their personal assets.

Forms need to submitted to identify the exact role and liability of each partner. Some examples of business entities are sole proprietor, general partnership, limited liability company LLC , S corporation, and corporation. There is a lot of complex and general information online about the different ways you can classify your business.

There are the two that I recommend you choose from for your business entity, given the nature of the photography business. One more important note, is if you are going into business with someone else, definitely go for the LLC, not a general partnership.

Yourself and your assets will be much better protected. Very easy. It just takes some additional paperwork and potentially some fees. Of course every state is different, but if your business evolves and changes, you can do have the option to switch it up very easily.

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