Starting a photography business is a bit overwhelming. So, in this vlog, I’m going to talk about my experience in the photo business and how it might apply to you.
I’m going to focus primarily in this video on the aspect of SHOULD you be starting a photography business. Not in the idea of SHOULD you make money from photography, but more: should you start a business. Should you incorporate a business.
From a photography business perspective, you need to decide if you want to operate as a sole proprietor, or if you want to incorporate your photo work into a company. There are advantages to each, and I discuss them in the vlog.
Moreover, I did into how I operate my own photography business. I think there’s a lot of insight there.
#photographybusiness
Did you see the last time we chatted business? We talked about stock photography: https://youtu.be/gxLVIHTSMcM
Great Video! I still work a 9-5 but I also just started my photography business! How many hours daily did you start off working for your photography business?
You don’t HAVE to claim income… 😉 they don’t have to know
22:57–14:10 Personal Loans and Credit Cards.
I still didn't understand this part.
im not sure if i catch what you mean by having a business instead of sole proprietary…. Do you mean a corporation, S corp, LLC , LP, LLP? beside having sole proprietorship.
Only tax ive heard..you play it safe to not sued
Podcast about the business aspects of photography would be amazing!!!
I just acquired a business license for my photography business. However i work for a separate studio for my main job. They want me to use my new camera and gear for there business when i go to there shoots. Can i bill them more than what they normally pay me because of using my business assets such as my new camera? and because my new gear is being used in high volume to gain profit to there business and not mine? any thoughts anyone
Taxes should have been somewhere in the title
Brendan, great advice thank you…on the Credit and Mortgage issues min 13:15. The business can buy the Home or open the credit card. Just have an office at home.
A better name for the video would be – photography business accounting 🧾!
Here in kuwait, we don't pay taxes😂😂
Because of this video, I've subscribed.
Taxes are bs.
No…
Taxes = theft
I appreciate what you're trying to do….but I F**KING HATE TAXES!!!!
Fantastic explanation man. Subscribed and notification bell clicked. Can't wait to see more.
Thank you so much for sharing! Im in a spot now where I'm not sure how to register my photography business and more importantly WHEN I should register. Thanks for the insight!
I'm 12 and starting my business so I don't have to pay taxes cause I'm underage yay
Not to mention if you INC you have a lot more tax write offs than a sole Proprietor, The cut off to INC is apx 50K+ anything lower does not typically make since.
Thanks for the information. I currently need to stay as a sole proprietor is there any video available explaining this? Since I’m not ready to transition to beginners a business at this time.
Excellent business tips for starting a photography business. Thanks, Subscribed now.
First off AWESOME video. so informational. I'm excited to watch more. Here's what I'd like to get from your channel.
I'd like to see a video on the paperwork that's involved in making your business a corporation, how to write up an invoice and how they actually work (for expensing things to your business). How does that affect your business when you write up all those invoices?
Also, I'd like to know about how to write up a proper business plan for your photography business.
I’m not taking advice from a guy wearing a baseball hat the wrong way.
Please do a podcast, I don't think there's enough information out there for photographers on business essentials. Especially podcast style.