product photography business plan

Photography Business Plan Template

Written by Dave Lavinsky

Over the past 20+ years, we have helped over 10,000 entrepreneurs and business owners create business plans to start and grow their photography businesses. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through a photography business plan template step-by-step so you can create your plan today. It can be used to create a photography studio business plan, or a commercial photography business plan or a plan for any other type of photography business.

Download our Ultimate Photography Business Plan Template here >

What is a Photography Business Plan?

A business plan provides a snapshot of your photography business as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategy for reaching them. It also includes market research to support your plans.

Why You Need a Business Plan for a Photography Business

If you’re looking to start a photography business or grow your existing photography business you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your photography business in order to improve your chances of success. Your photography business plan is a living document that should be updated annually as your company grows and changes.

Source of Funding for Photography Businesses

With regards to funding, the main sources of funding for a photography business are personal savings, credit cards, bank loans and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable. But they will want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business.

The second most common form of funding for a photography business is angel investors. Angel investors are wealthy individuals who will write you a check. They will either take equity in return for their funding, or, like a bank, they will give you a loan.

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Below are the 10 sections of an example photography business plan:

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write since it provides a summary of each key section of your plan.

The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of photography business you are operating and the status; for example, are you a startup or do you have a photography business that you would like to grow.

Next, provide an overview of each of the subsequent sections of your plan. For example, give a brief overview of the photography industry. Discuss the type of photography business you are operating. Detail your direct competitors. Give an overview of your target customers. Provide a snapshot of your marketing plan. Identify the key members of your team. And offer an overview of your financial plan.

Company Analysis

In your company analysis, you will detail the type of photography business you are operating.

For example, you might operate one of the following types:

• Portrait photography : this type of photography business photographs people ranging from models to famous personalities on red carpets or at magazine shoots to graduation pictures, family portraits, and professional headshots for business people, aspiring models and actors.
• Product photography : this type of photography business typically requires both artistic and technical expertise to adequately showcase consumer products.
• Wedding and event photography : this type of photography business usually involves photographing everything from posed portraits to people and their candid moments to the venue and the food at weddings and other events.
• Commercial photography : this type of photography business creates images for commercial purposes, such as advertising, marketing or instructional brochures or publications.

In addition to explaining the type of photography business you operate, the Company Analysis section of your business plan needs to provide background on the business.

Include answers to question such as:

• When and why did you start the business?
• What milestones have you achieved to date? Milestones could include sales goals you’ve reached, prestigious clients, etc.
• Your legal structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry analysis, you need to provide an overview of the photography business.

While this may seem unnecessary, it serves multiple purposes.

First, researching the photography industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your strategy particularly if your research identifies market trends. For example, if there was a trend towards documentary-style event photography, it would be helpful to ensure your plan calls for instant cameras for guest contributions, or a drone, etc.

The third reason for market research is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your photographer business plan:

• How big is the photography business (in dollars)?
• Is the market declining or increasing?
• Who are the key competitors in the market?
• Who are the key suppliers in the market?
• What trends are affecting the industry?
• What is the industry’s growth forecast over the next 5 – 10 years?
• What is the relevant market size? That is, how big is the potential market for your photography business. You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

The customer analysis section of your photographer business plan must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: celebrities, expectant and/or new moms, engaged couples, schools, online retailers, etc.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of photography business you operate. Clearly schools would want different backdrops, pricing and product options, and would respond to different marketing promotions than engaged couples.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, include a discussion of the ages, genders, locations and income levels of the customers you seek to serve. Because most photography businesses primarily serve customers living in their same city or town, such demographic information is easy to find on government websites.

Psychographic profiles explain the wants and needs of your target customers. The more you can understand and define these needs, the better you will do in attracting and retaining your customers.

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Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other photography businesses.

Indirect competitors are other options that customers have to purchase from you that aren’t direct competitors. This includes amateur photographers and DIY-ers with smartphones. You need to mention such competition to show you understand that not everyone who needs photography uses a professional photographer.

With regards to direct competition, you want to detail the other photography businesses with which you compete. Most likely, your direct competitors will be photography businesses offering similar services in a nearby location.

For each such competitor, provide an overview of their businesses and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as:

• What types of customers do they serve?
• What services do they offer?
• What is their pricing (premium, low, etc.)?
• What are they good at?
• What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

• Will you provide superior photography services?
• Will you provide products or services that your competitors don’t offer?
• Will you make it easier or faster for customers to book your services?
• Will you provide better customer service?
• Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.

Marketing Plan

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a photography business plan, your marketing plan should include the following:

Product : in the product section you should reiterate the type of photography business that you documented in your Company Analysis. Then, detail the specific products and services you will be offering. For example, in addition to portraits, will you offer a documentary video of the shoot?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your marketing plan, you are presenting the menu services and packages you offer and their prices.

Place : Place refers to the location of your photography business. Document your location and mention how the location will impact your success. For example, is your photography studio located next to a high-traffic retail development, or inside a mall, etc. Discuss how your location might provide a steady stream of customers.

Promotions : the final part of your photography business marketing plan is the promotions section. Here you will document how you will drive customers to your location(s). The following are some promotional methods you might consider:

• Making your photography studio’s storefront (if applicable) extra appealing to attract passing customers
• Advertising in local papers and magazines
• Social media marketing
• Reaching out to local bloggers and websites
• Partnerships with local organizations (e.g., package discount when booked through partner wedding planner)
• Local radio advertising
• Banner ads at local venues

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your photography business such as serving customers, procuring supplies, scouting new photoshoot locations, etc.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to serve your 100th customer, or when you hope to reach $X in sales. It could also be when you expect to hire your Xth employee or launch a new location.

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Management Team

To demonstrate your photography business’s ability to succeed as a business, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.

Ideally you and/or your team members have direct experience in the photography business. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet and cash flow statements.

Income Statement : an income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenues and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you serve 10 customers per month or 50? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets : While balance sheets include much information, to simplify them to the key items you need to know about, balance sheets show your assets and liabilities. For instance, if you spend $100,000 on building out your photography business, that will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a bank writes you a check for $100.000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement : Your cash flow statement will help determine how much money you need to start or grow your business, and make sure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt. For example, let’s say a company approached you with a massive $100,000 product photography contract, that would cost you $50,000 to fulfill. Well, in most cases, you would have to pay that $50,000 now for supplies, equipment rentals, employee salaries, etc. But let’s say the company didn’t pay you for 180 days. During that 180 day period, you could run out of money.

In developing your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a photography business:

• Location build-out including design fees, construction, etc.
• Cost of equipment like cameras, lights, film, backdrops and props, software, etc.
• Cost of ingredients and maintaining an adequate amount of supplies
• Payroll or salaries paid to staff
• Business insurance
• Taxes and permits
• Legal expenses

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your studio design blueprint or location lease.

Photography Business Plan Summary

Putting together a business plan for your photography business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will really understand the photography business, your competition and your customers. You will have developed a marketing plan and will really understand what it takes to launch and grow a successful photography business.

Download Our Photography Business Plan PDF

You can download our photography business plan PDF here . This is a business plan template you can use in PDF format.  

Photography Business Plan FAQs

What is the easiest way to complete my photography business plan.

Growthink's Ultimate Photography Business Plan Template allows you to quickly and easily complete your Photography Business Plan.

Where Can I Download a Photography Business Plan PDF?

You can download our photography business plan PDF template here . This is a business plan template you can use in PDF format.

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Other Helpful Business Plan Articles & Templates

Photography Business Plan Template

Written by Dave Lavinsky

Photography Business Plan Outline

• Photography Business Plan Home
• 1. Executive Summary
• 2. Company Overview
• 3. Industry Analysis
• 4. Customer Analysis
• 5. Competitive Analysis
• 6. Marketing Plan
• 7. Operations Plan
• 8. Management Team
• 9. Financial Plan

Start Your Photography Plan Here

Photography Business Plan

You’ve come to the right place to create your Photography business plan.

We have helped over 1,000 entrepreneurs and business owners create business plans and many have used them to start or grow their Photography business.

Below are links to each section of a sample photography business plan. It can be used to create a wedding photography business plan, a commercial photography business plan, a portrait photography studio business plan or any other type of photography business plan.

1. Executive Summary 2. Company Overview 3. Industry Analysis 4. Customer Analysis 5. Competitive Analysis 6. Marketing Plan 7. Operations Plan 8. Management Team 9. Financial Plan

Next Section: Executive Summary >

Photography Business Plan FAQs

What is a photography business plan.

A photography business plan is a plan to start and/or grow your photography business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can  easily complete your photography business plan using our Photography Business Plan Template here .

What Are the Main Types of Photography Businesses?

There are many types of photography businesses depending on the style of photography and target market. The most common and profitable type is event photography. Other types are stock photography, family/baby photography, travel, school, photojournalism and social media photography.

No matter what type of photography business you plan to start, you need a solid photography business plan. You can quickly complete your photography business plan using our Photography Business Plan Template here .

What Are the Main Sources of Revenues and Expenses for a Photography Business?

The primary source of revenue for photography businesses are service fees for photoshoots and video, licensing fees and photo editing. Other revenues are also generated from product sales like prints, albums, cards, wall prints and canvas.

The key expenses for photography businesses are equipment expense, advertising, transportation, and labor or professional fees.

How Do You Get Funding for Your Photography Studio Business Plan?

Photography businesses are typically funded through small business loans, personal savings and credit card financing.

This is true for a wedding photographer, pet photography business, commercial photography business, a portrait photography business or any other type of photography services.

Download your plan in word or PDF to share with investors.

What are the Steps To Start a Photography Business?

Starting a photography business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A Photography Business Plan - The first step in starting a business is to create a detailed business plan for a photography business that outlines all aspects of the venture. This should include potential market size and target customers, data on the photography industry, the services or products you will offer, pricing strategies and a detailed financial forecast.  You can quickly complete your photography business plan using our Photography Business Plan Template here .

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your photography business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your photography business is in compliance with local laws.

3. Register Your Photography Business - Once you have chosen a legal structure, the next step is to register your photography business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws. 

4. Identify Financing Options - It’s likely that you’ll need some capital to start your photography business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms. 

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations. 

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events. 

7. Acquire Necessary Photography Equipment & Supplies - In order to start your photography business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation. 

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your photography business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

Learn more about how to start a successful photography business and photography business planning:

• How to Start a Photography Business

Where Can I Get a Photography Business Plan PDF?

You can download our free photography business plan template PDF here . This is a sample photography business plan template you can use in PDF format.

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Photography Business Plan

Believe it or not—anyone can take a few pictures, but it takes true skill and talent to get the perfect shot.

And If you’re the guy, everyone’s after asking to click pictures at every party or event, starting a photography business could be incredibly lucrative and satisfying.

However, making your photography business successful is more than just clicking good pictures. You need a solid business plan to ensure success.

Need help writing a business plan for your photography business? You’re at the right place. Our photography business plan template will help you get started.

Download the template and follow step-by-step instructions to draft your business plan in no time!

→ Download Now: Free Photography Business Plan

And though photography lets you fulfill your passion, it attracts a lot of competition due to its ease of entry.

Also, having a successful photography business takes a little more than skill. A photography business plan helps you deal with that, while you shutter away your masterpiece.

Industry Overview

According to the IBIS World industry report , the US photography market is expected to decline at a CAGR of 1.3 to reach 12.9 billion dollars in 2023.

With 7-8% profit margins, individual consumers and households make up the main customer base for the industry. Despite a minor recent decline, the photography industry is projected to experience consistent growth in the coming years.

Here are a few key industry highlights to consider:

• Number of businesses: There are 258,450 operational photography businesses in the US in 2023.
• Industry employment: 293,339+
• Key players: Shutterfly Inc., Alamy Ltd.

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Things to Consider Before Writing a Photography Business Plan

You’ll need to focus on both the artistic and business sides of your trade.

Though having an excellent eye for proportion, dimensions, and light is great it isn’t enough to have a profitable business. You bring your skills to the table, but you’ll have to work as hard as any other business owner on your marketing, finance, and operations to have a profitable business.

And though it might seem intimidating, with the right amount of planning and strategizing you can do it smoothly.

Get the Pricing Right

It is important to study every aspect of the market and select the pricing strategy that suits your business the best. Your pricing as a photography business would depend a lot upon the niche you choose, your location, and the quality of your skills.

Develop Your Soft Skills

Good photography isn’t just about your skills with the camera, especially if you are dealing with people. You’ll need to make your customers feel at ease and have a friendly way of communicating.

This helps you become the person’s go-to photographer. As pictures aren’t just products you pay for, but memories that are cherished for years.

But at the same time, if communication isn’t your thing you don’t need to worry. As there are several other niches in photography that you can pick from.

Get the Right Equipment, but Don’t Go Overboard

The right camera, technical equipment, etc, are important to help you work effectively. But it doesn’t do to go over budget for it. Especially, if you are just starting out.

Pick the right equipment, but not the one that weighs down on your finances at the early stages of your business.

Why Do You Need a Photography Business Plan?

As you are ready to enter the industry, it brings us to the above question, why does one need a photography business plan?

Aren’t you just supposed to dive right in if you are passionate enough?

The answer is, NO.

Though diving headfirst might sound appealing, it can lead to a series of roadblocks in the future. Also, a business plan isn’t as time-consuming as it may seem to you.

It increases the efficiency of your business and acts as a guide on your road to success. Moreover, writing a business plan helps you get a clear idea of your goals and the opportunities and threats that stand in your way of achieving them.

Also, a well-researched and innovative plan can help you get funded. An investor’s confidence in you is directly proportional to the clarity of your business idea. A business plan can help you achieve just that.

How to Write a Photography Business Plan?

Writing a business plan is not as intimidating as it seems. A well-rounded business plan requires thorough research of the industry, a clear set of goals, well-observed and carefully designed strategies to achieve them, and a clear list of milestones and timelines for all the departments of the business.

A business plan should include strategies for all departments from marketing to finance. There are several resources like online software, business consultants, and predesigned templates that can help you in writing the perfect business plan .

Writing a business plan has become a cakewalk through online business planning tools which can craft an ideal business plan for you at the snap of your fingers.

Chalking out Your Business Plan

Though anyone can click pictures with devices as simple as a smartphone, it takes skills, a sense of proportion, and creativity to make people stop scrolling.

In today’s world of photo-sharing apps where people grapple for attention, the demand for excellent photographers continues to rise.

Hence, with the advent of Instagram, the photography industry is growing leaps and bounds.

Photography Business Plan Outline

This is a standard photography business plan outline that will cover all important sections that you should include in your business plan.

• Introduction
• Products and Services
• Financial Path To Success
• Keys to Success
• Company History
• Market Segmentation
• Target Market Segment Strategy
• Competition and Buying Patterns
• Web Plan Summary
• Website Marketing Strategy
• Development Requirements
• SWOT Analysis
• Competitive Edge
• Marketing Strategy
• Sales Forecast
• Year 1 – Digital Media Production
• Year 2 – Digital Media Production
• Year 3 – Digital Media Production
• Important Assumptions
• Projected Profit and Loss
• Projected Cash Flow
• Projected Balance Sheet
• Ratio Analysis

As you sit down to write your business plan, it brings us to the question, what all things you will need to include in your business plan? Read on to find out.

1. Write an Executive Summary

The executive summary section of a business plan works as an overview of your business and acts as a highlight of its aims and goals. It should be brief and precise and sum up everything your business stands for.

It serves as a pitch of your business ideas to potential investors and should have the following points.

• The kind of services your business offers (Eg. Commercial Photography, Travel Photography, etc.)
• Your target audience (Eg. Models, travel bloggers, influencers, etc.)
• Your strengths and past experiences
• Your goals for the company.

2. Business Overview

In the business overview section, you’ll jot down all of the business ideas you have and analyze how to bring them to life.

This section would consist of an overview of the functioning of your business. as well as your mission statement.

While writing this section it is important to be as precise as possible It helps the stakeholders of your business to know it better.

3. Describe the Services You’ll Offer

In this section of your business plan, you have to list the services you are going to offer. This helps you get a clearer idea of how to advertise your services and how to reach out to your target audiences.

For example, if you are a landscape photographer all of your marketing strategy and the list of resources and services you’ll need will be built around that.

Also, your target audience would be travel websites and tourism companies. And the ways of reaching out to them would be different than reaching out to influencers or celebrities.

4. Market Analysis

The market analysis section is a crucial part of your business plan.

In this section, you’ll write down everything you can find about the photography market as well as resources that can help you stay updated about the recent trends in the market.

For example, as a photographer, it is essential to know the trending photography techniques.

You can also include the size of the market, your competitors, areas that have the highest growth potential, etc Know the right market value of services and identify the existing market gaps that you can fill.

Let’s consider there is no food photographer in your locality and the restaurants around you need one, you can specialize in food photography to capture that market.

5. Create a Website Strategy

The Internet is the first place where people look for any product or service, hence your business must have a website to be discovered by clients.

A well-optimized website can help you in meeting a lot of potential customers.

Including a website strategy in your business plan is crucial.

6. Plan Your Finances

Your financial planning is one of the major deciding factors of whether your business will stay afloat or not.

In this section keep track of your company’s finances, jot down ways of making it more cost-effective. List down resources that can help you understand and manage your finances better.

Download a sample photography business plan

Need help getting started writing a business plan? Here you go; download our free photography business plan pdf to start.

It’s a modern business plan template designed for your photography center. Refer to the example business plan and follow step-by-step instructions to start writing your plan.

The Quickest Way to turn a Business Idea into a Business Plan

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Write your business plan with Upmetrics

A business planning tool like Upmetrics is the best way to draft your business plan. This incredible tool comes with step-by-step instructions, customizable templates, AI assistance, and business plan examples to help you get started.

You may also explore our library of Entertainment and media business plan examples before you start writing your plan.

So, whether you are starting a photography business or planning to grow an existing one, Upmetrics is the tool you need to create a business plan.

So, what are you waiting for? Start planning now!

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Frequently asked questions, what are some common mistakes to avoid when drafting a photography business plan.

Following are some of the common mistakes to avoid when writing a photography business plan:

• Inadequate and inaccurate financial projections.
• Poor market research and ignoring industry trends.
• Undefined goals and lack of details.
• Not proofreading the document for typos and grammatical errors.
• Including outdated and irrelevant information.
• Not regularly updating your business plan.

What are some key financial metrics to include in a photography business plan?

Following are some of the key financial metrics to include in your photography business plan:

• Balance sheet
• Cash flow statement
• Income statement
• Break-even statement
• Projected business ratios
• Sales and revenue projections
• Projected expenses

How can a photography business plan help in securing funding or investment?

A well-crafted photography business plan will help your investors better understand your business domain, market trends, strategies, business financials, and growth potential—helping you secure investment.

Where to find business plan writers for your photography business?

There are many business plan writers available, but no one knows your business and ideas better than you, so we recommend you write your photography business plan and outline your vision as you have in mind.

About the Author

Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

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A Full Guide: How to Start a Product Photography Business

 Delve into the world of product photography with certainty as you unravel the key steps to initiate your business. This all-encompassing guide will navigate you through crafting a robust foundation, devising a business blueprint, identifying your target audience, and executing impactful marketing tactics. Explore expert insights to cultivate enduring connections with your patrons and thrive in the ever-evolving sphere of product photography.

Welcome to the captivating cosmos of product photography, where artistic prowess entwines with commercial allure. Whether you are an aspiring shutterbug or a seasoned maven, forging a product photography business demands meticulous planning, unwavering ardor, and a tenacious commitment to delivering unparalleled outcomes. In this comprehensive manuscript, we shall embark on an enlightening odyssey, erecting a steadfast foundation for your venture, executing persuasive marketing strategies, and fostering everlasting bonds with your esteemed clientele.

Forging a Resilient Base for Your Product Photography Business

Crafting a farsighted business roadmap.

Every triumphant sojourn commences with a meticulously crafted business plan. Delineate your vision, objectives, and the niche you intend to captivate within the realm of product photography. Conduct scrupulous market scrutiny to discern your target audience and tailor your services to satiate their distinctive requisites. An impeccably structured business blueprint shall serve as a guiding compass, steering your enterprise towards triumph.

Discerning Your Distinctive Selling Proposition (USP)

In a realm brimming with rivals, discerning your distinctive selling proposition (USP) assumes paramount importance. Unearth the facets that differentiate your product photography services from the rest. Be it your artistic flair, bespoke approach, or expedited delivery times, ardently spotlight your USP in your promotional endeavors to magnetize clientele who resonate with your inimitable offerings.Check out this video for more advices

Navigating the Art of Marketing and Promotions

Creating an enthralling online presence.

In this epoch of digital eminence, a robust online presence emerges as an imperious prerequisite. Erect a professionally designed website showcasing your portfolio, service suite, and contact particulars. Capitalize on social media platforms to divulge behind-the-scenes enigmas, engaging with your audience, and engendering a vibrant community around your brand. An enthralling online presence shall etch an indelible impression on prospective patrons.

Harnessing the Potency of Social Media and Digital Platforms

Harness the intrinsic potential of social media and digital platforms to broaden your horizons. Exhibit your artistic endeavors, interact with potential clientele, and forge collaborations with influencers and cognate enterprises. Leverage platforms such as Instagram, Facebook, and Pinterest to exhibit your creative prowess and allure prospective clientele.

Rendering Peerless Services

Investing in high-caliber equipment and gear.

The crux of delivering superlative product images rests on high-caliber equipment. Invest in a state-of-the-art camera boasting high resolution, an eclectic array of lenses tailor-made for product photography, lighting paraphernalia, and a robust tripod. Ensuring your equipment aligns with professional benchmarks shall resonate in the quality of your artistry.

Mastering Illumination and Composition Techniques

The mastery of illumination and composition techniques assumes pivotal importance in product photography. Embark on a journey of exploration with natural light, studio lighting, and sundry modifiers to engender visually captivating images. Strive to spotlight the products adroitly, accentuating their distinctive attributes.

Paving the Way to Your First Clients

Crafting an alluring portfolio.

To ensnare your inaugural patrons, craft a diverse and captivating portfolio. Parade a panoply of products, styles, and compositions showcasing your versatility and expertise. A beguiling portfolio shall kindle the intrigue of potential clientele.

Networking and Word-of-Mouth Recommendations

Networking is a veritable lynchpin in the panorama of photography. Participate in industry events, connect with peers, and partake in photography groups or forums. Offer exemplary services to initial patrons and proffer inducements for them to disseminate their positive experiences. Word-of-mouth commendations wield the potential of transmuting into a formidable fount of novel clients.

Forging Enduring Bonds with Clients

Exemplary customer service.

Client contentment assumes the mantle of the keystone in forging lasting bonds. Exude seamless communication, expeditiously responding to inquiries, and keenly attending to your patrons’ needs. Furnish peerless work within stipulated timelines, transcending their expectations

Nurturing Patronage

The bedrock of enduring client relationships transcends beyond exemplary photographs; it resides in fostering loyalty. Pursue post-project follow-ups, exude genuine gratitude for their patronage, and extend loyalty incentives. Personalized gestures shall traverse the mile in nurturing enduring connections.

Tips for Beginners

• Master Your Equipment: Prior to venturing into product photography, acquaint yourself entirely with your camera and photography equipment. Comprehend the art of calibrating settings such as aperture, shutter speed, and ISO to command exposure and engender spellbinding product shots;
• Craft an Enthralling Portfolio: As a fledgling, concoct an eclectic portfolio parading your most splendid product images. Venture into assorted styles and compositions to showcase your versatility and captivate potential clientele;
• Harness Natural Light: During your incipient stages, capitalize on the charisma of natural light. Set the stage for your product shoots adjacent to a window or outdoors, infusing your images with soft, flattering illumination accentuating the products’ allure;
• Invest in Basic Lighting Gear: While natural light imparts enchantment, encompassing rudimentary lighting equipment like a softbox or reflectors empowers you to manipulate lighting circumstances, especially when shooting indoors or in dim lighting conditions;
• Give Emphasis to Composition: The realm of product photography thrives on impeccable composition. Focus on artful arrangements, the strategic usage of negative space, and harmonious equilibrium to render visually arresting and alluring captures;
• Spotlight Product Details: In product photography, the minutiae emerges as a focal point. Assure the products are pristine, devoid of imperfections. Zoom in on defining features, magnifying textures, captivating prospective patrons with alluring vistas of the product;
• Ingenious Prop Utilization: Props accentuate context and allure to product images; judiciously employ them to complement rather than eclipse the product’s essence;
• Exercise Prudence in Editing: Post-processing exudes the potential to embellish your images; nevertheless, exercise restraint to retain the veracity of the product’s appearance, ensuring colors and lighting remain harmonious and consistent;
• Network and Collaborate: Networking with peers and industry experts can foster collaborations and earn referrals. Engage in photography events, join virtual communities, and interact with potential clientele and confreres;
• Offer Limited-Time Promotions: As an initiate, consider furnishing limited-time promotions or discounted packages to entice your maiden clientele. A commendable stratagem to augment your portfolio and garner priceless experience;
•  Exemplary Client Service: Pledge allegiance to seamless customer service, manifesting from the preliminary inquiry to the eventual delivery of images. Offer transparency in your processes and pricing and transcend your clientele’s anticipations;
•  Endeavor for Perpetual Progression: Embrace unending learning and enhancement of your craft. Participate in workshops, partake in online courses, and solicit feedback from your confreres and clients. Your perpetual evolution as a product photographer shall serve as your eloquent testimonial, magnetizing novel clients and opportunities.

Embark on your product photography expedition, empowered with the wisdom and dexterity shared within this compendious guide. From erecting a robust foundation to bestowing high-caliber services and nurturing perennial client bonds, you now possess the wherewithal to thrive in the mercurial universe of product photography.

Bear in mind, eminence in product photography extends beyond technical prowess; it transpires through comprehending your clients’ yearnings and furnishing extraordinary consumer experiences. Embrace unflagging progress, adapt to the undulating tides of industry trends, and kindle the embers of fervor for your craft. As you furnish exceptional service and cultivate unswerving bonds, your product photography enterprise shall flourish, etching an indelible impression on the art of visual storytelling. So, commence your odyssey with intrepid resolve, suffusing your artistry with brilliance as you mold a thriving product photography enterprise that beguiles and inspires.

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Home » Blog » How to write a successful photography business plan.

• Photography Business Tips

How to write a successful photography business plan.

Whether you want to know how to start a photography business or take your existing one to the next level, the best place to start is with a plan. A photography business plan is a document that outlines what you hope to accomplish with your business. 

As your business comes to life or goes through change, you can use a business plan to measure your progress and re-calibrate your professional goals. In addition, if you are planning to pitch your business to potential investors for brand partnership opportunities, a business plan is one of the documents you can use to help bring credibility to your business.

However, learning how to start a photography business the right way doesn’t have to be overwhelming. Taking the right steps to showcase your photography services beyond your online portfolio website can set you off on the right foot and continuously help you attract the caliber of clients you want.

Why you need to make a photography business plan. 

Running a small business is hard. You may have heard the lifespan statistic that 20% of small businesses fail in their first 2 years, 30% fail in their first 3 years, and 50% fail after operating for 5 years. While this number is discouraging, the number one reason for the small business mortality rate is the lack of financial planning.

This is why using available tools is essential to your business’s long-term success and to your ability to grow your business. A business plan is critical in keeping you on track with your business goals and identifying where your business is lagging before, during, and after growth.

The main components of a photography business plan.

While you can customize the components of a photography business plan to suit your needs, the standard components are:

• Executive summary
• Business description
• Product or service portfolio
• Target market
• Competitive landscape 
• Marketing approach
• Operations & logistics

These elements work together to provide you and your possible stakeholders with a fulsome portrait of your business and its potential. We will go into further detail about these individual components in the following sections.

Write an executive summary.

The executive summary is a 50-250 word section at the start of your photography business plan that focuses on big-picture goals and outcomes of your company. This section summarizes the entirety of the document and should serve as the “elevator pitch” for your company, and its unique position to succeed. A good question to ask when compiling your executive summary is, “What are 3-5 things I want my clients to remember me by?”

Some of the elements to include in your executive summary are your experience, your specialties (ex. commercial photography , landscape , or wedding photography ), and key components of your business that contribute to your success, such as your marketing efforts or a unique angle you bring to the industry.

Explain your company in a business description.

While you may have a clear vision for your business inside your head, being able to succinctly express it to clients and stakeholders is key to your professional success. When compiling your description, it’s important to be as specific as possible.

First, learn about different organizational structures and the associated terms that come with the territory. Are you running a sole proprietorship, partnership, an incorporated company, or another type of business?

Second, your business description should also outline additional details including the history of your business. It gives possible stakeholders an idea of what your business is about and how it began.

In addition, you want to share your business’ mission statement. Because you will go into more details about the offerings and other aspects of your business, it’s best to keep your company description simple and provide only a high-level overview.

Describe your product and services.

This is the place to talk about the types of photography services and products you offer, and the ones you plan on expanding into in the near future. 

As part of your product and services description, provide a comprehensive pricing model. Your pricing model should cover the types of sessions, services (shooting, editing, formatting) you offer, and their associated fees. For example, do you offer mini photography sessions or 2-hour shoots? Is there a sliding scale for editing services, color correction, or airbrushing? Do you handle the physical production of photos, or is the handoff done digitally?

A competent photography business relies on the client’s clear understanding of your “menu” of skills and services.

Lastly, detail the types of services you offer and the types of products you want to focus on that bring you the most income.

Determine your target market.

Targeting your customers is no simple task, as small business owners want to serve everyone. Nevertheless, it helps you to focus on your customers who need your products. You’ll end up wasting money marketing your product to people who don’t need it or have any interest in it.

Understanding your target audience means researching your local market to identify where demand exists. You can search forums and Facebook groups to see what kinds of photographers people are hiring and how much they’re willing to pay. 

For example, a professional wedding photographer should join relevant local event planning and vendor groups on social media to build connections and promote their wedding photography services. Keep in mind that a wedding photographer often has to travel to a location to shoot the wedding, and make sure to factor it into your project estimates. 

While a target audience looks different for everyone, it’s important for your photography business to have a few areas of specialty that help build up credibility and steadily bring in clients.

Conduct a competitive analysis.

As you conduct research on your local market, you will start to discover there are a number of different photographers that offer similar services as you. To create a thorough competitive analysis, take the list of competitors, and evaluate them in different areas. Conducting this analysis will help you determine what sets yours apart.

When looking at your competitors, consider the following questions:

• Are my product offering and pricing model as straightforward as theirs?
• What is their tone of voice (ex. humorous/expert/familial)?
• Who is their target audience?
• What do they bring to the table that I do not, and vice versa?
• How can I differentiate myself from them?

To help you understand how your business is perceived, you can seek the help of a brand marketing professional. To take a more DIY approach, you can send your portfolio website to a roundtable of friends and colleagues and ask them how they would describe your business. Collecting these adjectives and looking for common threads can help you understand how your business is perceived and use these findings to your advantage in your marketing efforts.

Conducting a thorough competitive analysis can help you determine your own competitive edge and stay abreast of the competition. As a best practice, get into the habit of conducting a competitive analysis on an annual basis to stay informed about how your industry and your local market evolve over time.

Detail your marketing strategies.

In marketing, there is a saying that goes, “hope is not a strategy.” Yet many organizations allow an “if you build it, they will come” mentality to drive clients toward their marketing efforts.

In reality, a continuous funnel of new and repeat customers is what ensures their long-term success. This is why continuous marketing efforts are the number one way to ensure a consistent workload. Your marketing should work in tandem with a greater marketing plan that aligns all your efforts.

Because stakeholders and investors know the importance of marketing, they will look for a comprehensive and proactive marketing strategy when evaluating your business plan. This is why it’s important to outline the various marketing mechanisms you plan to use in your marketing plan.

Your marketing strategies encompass your marketing programs and your photography portfolio. 

Marketing programs.

Marketing programs mean any platforms, channels, or mechanisms you use to promote your company and attract customers. These may include email marketing campaigns, direct mail initiatives, local photography directory memberships, trade shows, your social media presence, and any paid social media advertising campaigns.

Photography portfolio.

Your online photography portfolio is an essential part of your marketing toolkit. After you make your potential customers aware of your business with your marketing programs, they will seek out a digital presence to explore your abilities as a photographer and to see if there is a fit. A portfolio experience can make or break a client lead, which is why it’s important to invest in a portfolio website that represents the unique offering your photography brings to the world. You can learn how to build a portfolio website the right way with our helpful guide.

Think about operations. 

While service businesses like photographers traditionally have fewer logistics than brick-and-mortar ones, it’s still important to consider the day-to-day logistics and expenses when compiling your business plan.

The operations portion of your photography business can include details like information about where you conduct work.  Many photographers choose to conduct business out of a home studio or office, holding a majority of their sessions at outdoor locations, client homes, and occasionally utilizing a professional studio. Meanwhile, commercial photographers almost always rely on a professional studio to conduct their business. 

Because different types of photographers have different operational needs, stakeholders will look for this information in your business plan to help assess the overhead cost of the operations. Understanding your operations also helps you to plan for potential opportunities in the future.

Draft your financial plans. 

This portion of your photography business plan is important to understanding the overall factors in the cash flow of your venture. Cash flow refers to the amount of money going in and out of your business. 

While compiling this section of your business plan may take the most time, it’s important to get it right to have an accurate understanding of the amount of money it takes to run your photography business, and which investments (ex. new lenses or editing software) are feasible within your business profits.

If you are a new business owner getting into photography, this section of the plan is where you outline the equipment you hope to invest in and what types of services it will be used for. Consider that as a professional photographer, you may need to invest in two copies of every item in case of malfunction. Some photographers, who may be just starting out, may use rental equipment to help them offset the costs of duplicates. However, the cost of renting can add up, which is why purchasing may be the cheaper option in the long run.

As a photographer, you are investing in hardware and software that is imperative to your job. To protect yourself, consider insuring your photography equipment and professional computer in case of theft. You can outline your insurance policy coverage and its cost in the financial portion of your plan. 

Create a timeline.

For photographers, a timeline is a management tool that helps you keep your business goals on track. Some of the key activities to include in your timeline are marketing, financial, investing, and operational in nature. 

In your timeline, consider setting goals for when you expect to pay back for the items listed in the financial portion of your plan. Calculating how many completed photography sessions it would take to cover the cost of the item can help you calculate this date.

It’s important to remember that timelines don’t need to be complicated. You can simply write down the task and the date by which you hope to complete it in sequential order. To help you stay on track, you can put reminders in your email calendar that notify you when you are nearing the anticipated completion of a task, as well as your personal deadline for its completion.

Putting your photography business plan together.

Compiling a photography business plan is an important step in starting your business and in evolving an existing one. While our photography business plan outline contains all the elements to run a successful photography business, there is nothing like drawing inspiration from what’s out there. A tried and tested photography business plan sample can give you the guidance you need to brainstorm the ins and outs of your business.

While all photography business plans are slightly different, most professional photography business plans are clear about their vision and how they want to get there. We’ve collected sample photography business plans from some of the best and most successful photographers in the industry and made readily editable templates for a fast and comprehensive photography business plan.

If you are just starting with your venture and feel a little lost, be sure to check out startup costs for your photography business and three business questions new photographers often ask . These guides give you the important information you need to get started on turning your photography dream into a viable business.

Photography business plan examples.

A sound business plan will set you on the path to success as a photographer. Whether you are a studio photographer, wedding photographer, or anything in between, these industry-specific photography business plan examples will help you kickstart your career.

Photography studio business plan.

If you run a photography studio, the most important element of your business plan is the photography business description. This segment in your photography studio business plan consists of a thorough description of all of the activities you engage in and the services you offer.

By keeping a detailed checklist, you can be clearer with your clients about the studio photography services you offer and market your business accordingly. Our guide to photography marketing shows you how to attract new clients the right way, without spending a dime.

Wedding photography business plan.

Creating a wedding photography business plan is a crucial step in better understanding your market and the opportunities you can leverage with your skills and experience. If there are any specific photography services you offer that other wedding competitors don’t, make sure to include them in your business plan.

If you are looking for a place to start, a simple Google search will provide you with a range of wedding photography business plan samples to work from, which can be tailored specifically to your business.

Now that you are armed with your photography business plan, you can attract better clients and be prepared for the future with a firm grasp of your competitive edge and industry shifts. Don’t forget that along with a solid business plan you need a beautiful website portfolio to show off your work and start getting clients.

Related Posts

Contributor

Cheryl is the Director of Content Strategy at Zenfolio and the Owner/Photographer at Portraits by Cheryl and Seniors by Cheryl in Raleigh, NC. Cheryl has mentored countless new photographers looking to build successful photography businesses.

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How To Write a Winning Photography Business Plan + Template

Creating a business plan is essential for any business, but it can be especially helpful for photography businesses who want to improve their strategy and/or raise funding.

A well-crafted business plan not only outlines the vision for your company, but also documents a step-by-step roadmap of how you are going to accomplish it. In order to create an effective business plan, you must first understand the components that are essential to its success.

This article provides an overview of the key elements that every photography business owner should include in their business plan.

Download the Photography Business Plan Template

What is a Photography Business Plan?

A photography business plan is a formal written document that describes your company’s business strategy and its feasibility. It documents the reasons you will be successful, your areas of competitive advantage, and it includes information about your team members. Your business plan is a key document that will convince investors and lenders (if needed) that you are positioned to become a successful venture.

Why Write a Photography Business Plan?

A photography business plan is required for banks and investors. The document is a clear and concise guide of your business idea and the steps you will take to make it profitable.

Entrepreneurs can also use this as a roadmap when starting their new company or venture, especially if they are inexperienced in starting a business.

Writing an Effective Photography Business Plan

The following are the key components of a successful photography business plan:

Executive Summary

The executive summary of a photography business plan is a one to two page overview of your entire business plan. It should summarize the main points, which will be presented in full in the rest of your business plan.

• Start with a one-line description of your photography company
• Provide a short summary of the key points in each section of your business plan, which includes information about your company’s management team, industry analysis, competitive analysis, and financial forecast among others.

Company Description

This section should include a brief history of your company. Include a short description of how your company started, and provide a timeline of milestones your company has achieved.

If you are just starting your photography business, you may not have a long company history. Instead, you can include information about your professional experience in this industry and how and why you conceived your new venture. If you have worked for a similar company before or have been involved in an entrepreneurial venture before starting your photography firm, mention this.

Industry Analysis

The industry or market analysis is an important component of a photography business plan. Conduct thorough market research to determine industry trends and document the size of your market. 

Questions to answer include:

• What part of the photography industry are you targeting?
• How big is the market?
• What trends are happening in the industry right now (and if applicable, how do these trends support the success of your company)?

You should also include sources for the information you provide, such as published research reports and expert opinions.

Customer Analysis

This section should include a list of your target audience(s) with demographic and psychographic profiles (e.g., age, gender, income level, profession, job titles, interests). You will need to provide a profile of each customer segment separately, including their needs and wants.

For example, customers of a photography business may include individuals, families, small businesses, or corporations.

You can include information about how your customers make the decision to buy from you as well as what keeps them buying from you.

Develop a strategy for targeting those customers who are most likely to buy from you, as well as those that might be influenced to buy your products or photography services with the right marketing.

Competitive Analysis

The competitive analysis helps you determine how your product or service will be different from competitors, and what your unique selling proposition (USP) might be that will set you apart in this industry.

For each competitor, list their strengths and weaknesses. Next, determine your areas of competitive differentiation and/or advantage; that is, in what ways are you different from and ideally better than your competitors.

Marketing Plan

This part of the business plan is where you determine and document your marketing plan. . Your plan should be clearly laid out, including the following 4 Ps.

• Product/Service : Detail your product/service offerings here. Document their features and benefits.
• Price : Document your pricing strategy here. In addition to stating the prices for your products/services, mention how your pricing compares to your competition.
• Place : Where will your customers find you? What channels of distribution (e.g., partnerships) will you use to reach them if applicable?
• Promotion : How will you reach your target customers? For example, you may use social media, write blog posts, create an email marketing campaign, use pay-per-click advertising, launch a direct mail campaign. In addition, you may promote your photography business via public speaking engagements, trade shows, or partnerships.

Operations Plan

This part of your photography business plan should include the following information:

• How will you deliver your product/service to customers? For example, will you do it in person or over the phone only?
• What infrastructure, equipment, and resources are needed to operate successfully? How can you meet those requirements within budget constraints?

The operations plan is where you also need to include your company’s business policies. You will want to establish policies related to everything from customer service to pricing, to the overall brand image you are trying to present.

Finally, and most importantly, in your Operations Plan, you will lay out the milestones your company hopes to achieve within the next five years. Create a chart that shows the key milestone(s) you hope to achieve each quarter for the next four quarters, and then each year for the following four years. Examples of milestones for a photography business include reaching $X in sales. Other examples include hiring a certain number of employees, partnering with another company, or opening up a second location.

Management Team

List your team members here including their names and titles, as well as their expertise and experience relevant to your specific photography industry. Include brief biography sketches for each team member.

Particularly if you are seeking funding, the goal of this section is to convince investors and lenders that your team has the expertise and experience to execute on your plan. If you are missing key team members, document the roles and responsibilities you plan to hire for in the future.

Financial Plan

Here you will include a summary of your complete and detailed financial plan (your full financial projections go in the Appendix). 

This includes the following three financial statements:

Income Statement

Your income statement should include:

• Revenue : how much revenue you generate.
• Cost of Goods Sold : These are your direct costs associated with generating revenue. This includes labor costs, as well as the cost of any equipment and supplies used to deliver the product/service offering.
• Net Income (or loss) : Once expenses and revenue are totaled and deducted from each other, this is the net income or loss.

Sample Income Statement for a Startup Photography Business

Balance sheet.

Include a balance sheet that shows your assets, liabilities, and equity. Your balance sheet should include:

• Assets : All of the things you own (including cash).
• Liabilities : This is what you owe against your company’s assets, such as accounts payable or loans.
• Equity : The worth of your business after all liabilities and assets are totaled and deducted from each other.

Sample Balance Sheet for a Startup Photography Business

Cash flow statement.

Include a cash flow statement showing how much cash comes in, how much cash goes out and a net cash flow for each year. The cash flow statement should include:

• Cash Flow From Operations
• Cash Flow From Investments
• Cash Flow From Financing

Below is a sample of a projected cash flow statement for a startup photography business.

Sample Cash Flow Statement for a Startup Photography Business

You will also want to include an appendix section which will include:

• Your complete financial projections
• A complete list of your company’s business policies and procedures related to the rest of the business plan (marketing, operations, etc.)
• Any other documentation which supports what you included in the body of your business plan.

Writing a good business plan gives you the advantage of being fully prepared to launch and/or grow your photography company. It not only outlines your business vision but also provides a step-by-step process of how you are going to accomplish it.

A well-written business plan is essential for any photography company looking to start, expand or grow its business. It can also help attract investors.  

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Photography Studio Business Plan

Start your own photography studio business plan

Phoebe's Photo Studio

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">, opportunity.

Families need photographs to capture the special moments of their lives. Families of professionals are busy, and if too much time goes by between photos, these moments are lost forever. Babies, especially, grow fast and parents need photos of them several times a year.

While nearly everyone has a camera for snapshots, people need professional quality photos when they will be shown to an important audience, and when people want to be seen in the best light. The Internet has expanded the use of photos, making it possible for anyone to send them or to publish them for wide viewing.

Phoebe’s Photo Studio will meet the needs of professionals and their families to capture the special moments in their lives and present them in the best light. We will establish a relationship in which we initiate the calls to keep their photos up to date. Digital files of their photos will be available for free by e-mail, or with a nominal fee for CD.  Because of our relationship with the families, when something big like a wedding comes, there’s no place else they would go.

Families with children are the biggest market for portraits. For the purpose of this analysis, these families are divided into three socio-economic categories:

• College graduates
• High school graduates
• Non-graduates

Families of college graduates are most likely to be professionals and to have the means and the taste for professional portraits.  There are nearly 20,000 such families in the metropolitan area. 

Competition

Competitor X is an award-winning, highly creative photographer with a style that one would expect to find in a national magazine.  His prices are the highest in the area, up to $15,000 for a wedding album.  His strategy appears to be to capture the high-end market, where a magazine look is a luxury that people can afford.

Competitor Y is a more typical photographer with more staged photographs and wedding packages running up to $5,000.  His strategy appears to be to occupy the middle-ground of quality and price where most of the market is likely to be.

Competitor Z offers same-day photos.  This is easier to accomplish with digital processing for a studio organized around speed, but the quality is necessarily sacrificed.  The market for same-day photos doesn’t necessarily demand quality.  Prices are average.  The strategy of this studio appears to be to appeal to convenience and speed.

Our competitive edge is that we provide not only a photograph, but a program of ongoing portraits to capture the special moments in a family’s life. We then make the digital images of their photos easily and affordably available for distributing on the Internet.

Expectations

Phoebe’s will grow at a healthy annual rate by targeting families of professionals with newborn babies for baby pictures and then developing a relationship with the client over the years for ongoing photographs. The funding envisioned in this plan is projected to result in a comfortable healthy business by the third year. 

Financial Highlights by Year

Financing needed.

We foresee a total of $80,000 in startup financing to get this business going and healthy. That comes $10K from owner savings, $20K as a 5-year loan (family cosigning), and $50K as an interest-free loan from family. 

If the business proceeds according to plan, we will have about half of the $50K family loan paid off within three years. 

Problem & Solution

Problem worth solving.

Professionals often have business needs for high-quality photos, and through this familiarity, they acquire a taste for them. When these professionals need photos to preserve memories, or to display family photos when they entertain at home, they have the budget and the desire for similarly high-quality photos. Just as they appoint their homes with fine furniture and decorations, the photos on their walls need to exhibit their standards of quality.

Most people use professional photo studios only on rare occasions, such as weddings, yearbook pictures, or baby portraits. Because the client has to initiate the call, many special moments are lost and the studio loses potential business. Photo studios generally charge a large fee for CDs of their clients’ digital images. For these reasons, most photo studios are rarely used by families as a whole.

Our Solution

Phoebe’s Photo Studio helps clients preserve memories and portray themselves in the best light. We thrive on repeat business by developing relationships with our clients and calling them with timely reminders for new photos. We make professional quality photographs easily available in a digital format. We do this by using a pricing structure that makes our digital photographs a household staple and by making it fun for them to come here or to have us in their homes.

Target Market

Market size & segments.

We will target female professionals and wives of professionals, because women make the majority of purchasing decisions in these families.

The competitive environment is divided between luxury magazine-quality photographers, moderate professional photographers who mostly pose their subjects, and same-day photo studios.

The trend among our targeted consumers is toward more digital photography and more sending of digital images on the Internet. As the world becomes more technical, people need more personal support. 

Phoebe’s Photo Studio will use a "high-tech, high-touch" approach to reach and retain clients for their ongoing photo needs. We will make it affordable and easy for them to disseminate their photos electronically.

People who who pay for professional photo portraits are generally status-conscious professionals who have children, and so we’ve segmented the Eugene-Springfield metropolitan area according to the social status of families. We’ve used education as a measure of social status.

Families of College Graduates

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Families of High School Graduates

People who have not completed college are assumed to be more likely to be employees or be in a trade. While many of them may have the means for professional photos, relatively few will use them. They are more likely to use home-made photographs, except for rare occasions, such as a high school photo or wedding.

Families of Non-High-School Graduates

These are families who are generally without the means to hire professional photographers on a regular basis.

Demographics

The Eugene-Springfield metropolitan area has a total population of 330,527. There are 74,836 families.

Some 25.5 percent of the adult population in the metropolitan area is composed of college graduates, which we will here define as  professionals.  Some 62 percent of the population is made up of high-school graduates.

The Eugene-Springfield metropolitan area closely conforms to the boundaries of Lane County, Oregon. The office will be located in Eugene, but clients are accessible throughout Lane County through physicians’ offices. Most Lane County residents are accustomed to doing occasional business in Eugene.

Current Alternatives

Competitor Z offers same-day photos.  This is easier to accomplish with digital processing for a studio organized around speed, but quality is necessarily sacrificed.  The market for same-day photos doesn’t necessarily demand quality.  Prices are average.  The strategy of this studio appears to be to appeal to convenience and speed.

Our Advantages

Keys to success.

Our keys for success are:

• Target marketing for the gateway products of baby pictures, high school photos and wedding albums.
• Developing relationships with our clients through personal customer service, to turn one-time customers into lifetime clients.
• Our system of tracking clients’ ongoing needs for photos and taking the initiative to call them for appointments

Marketing & Sales

Marketing plan.

We will get the word out by conventional advertising to start, and by a yellow page ad, social media and a website. We have a targeted marketing effort to:

• Families of newborn babies
• Families with children old enough to graduate college or high school 
• Professionals who need a LinkedIn or Facebook shot, or a headshot for conferences. 

A special for the first baby picture will be a regular feature of our pricing structure. This is offered with the intent of getting the whole family on an ongoing basis as clients, because babies need photos frequently and we want these families to be clients for life.

Locations & Facilities

We will open in an 800 square-foot studio at 100 Main Street, the heart of the commercial district with ample free parking.  The space will be leased for three years beginning at $800 a month with cost-of-living adjustments made annually. 

The studio will have a highly visible electric sign and a 20-foot wide display window visible to passing foot and auto traffic. Customers will enter a public area with a counter, samples of our photographs and albums, and couches for waiting. A separate playroom with props and other toys will accommodate children with sitting areas for parents, while a utility area off the back door will be set up to accommodate pets and their props. Children, pets and props can be brought into the photography studio for their photographs.  An office and working area will be used for assembling the final product.

Milestones & Metrics

Milestones table, key metrics.

Key Metrics 

• Measure website page views and customer inquiries 
• Keep track of Facebook page views and Twitter re-tweets 
• Train our staff to return calls right away 
• # of customers in a month 
• # of customers who book a second appointment in advance 

Ownership & Structure

Phoebe Peters has worked as an industrial photographer and freelance portrait photographer in Southern California for 10 years. She has found that personal customer relationships are the key to repeat business and will open Phoebe’s Photo Studio in downtown Eugene, Oregon on that premise.

Management Team

Phoebe’s Photo Studio is a sole proprietorship owned by Phoebe Peters.  It will open in a leased 800 square foot studio in downtown Eugene, Oregon.

Phoebe Peters is a graduate of Brooks Institute of Photography in Santa Barbara, California and is a member of the Professional Photographers of Oregon and the Professional Photographers of America. She has 10 years experience capturing the special moments of people’s lives.

Personnel Table

Financial plan investor-ready personnel plan .">, key assumptions.

We assume a stable economy with reasonable growth and a steady rise in interest rates. We also assume that our competitors won’t adopt our strategy within the first two years.  After that, our approach is likely to make a change in what our competitors charge for digital files, because they’ll see it’s effective in bringing in repeat business as well as new business. 

The expenses show the impact of close to $30K startup expenses, which we put into the first month. Those expenses are listed below in the Use of Funds chapter. 

Revenue by Month

Expenses by month, net profit (or loss) by year, use of funds.

Start-up Expenses

• Insurance $300
• Filing Fees $50
• Utilities and Deposits $500
• Website Development $2,000
• Marketing Consultant: Ad design, etc. $20,000
• Personnel Costs for December $3,500
• Software $1,500
• Office Expense $200

TOTAL START-UP EXPENSES $28,730

Start-up Assets: $13,000 in computer and photographic equipment

Sources of Funds

We will be using the $10,000 cash from my savings, plus a $50,000 interest-free loan from family, and a $20,000 5-year loan co-signed by family. The plan calls for funds to service the bank loan and repay most of the family loan by the end of the third year. 

Projected Profit & Loss

Projected balance sheet, projected cash flow statement.

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How to Start a Photography Business in 2024

Want to learn how to start a photography business in 2024? This in-depth guide will teach you all you need to know to become a professional photographer!

Learn | Photography Guides | By Mark Condon

Shotkit may earn a commission on affiliate links. Learn more.

Want to learn how to start a photography business in 2024? This in-depth guide will teach you all you need to know!

I’ve run a wedding photography business since 2014 and learnt a lot as a professional photographer and business owner.

Starting a photography business allows you to make money using a skill you already enjoy, but it’s important to have a solid plan and realistic goals.

There’s no doubt that photography is a great career – you can earn a good living, make your own hours and travel to exotic places.

Best of all, you’ll make people happy. Whether you’re capturing priceless moments for families or nailing the client’s brief, photos are a precious commodity.

Is photography a good career? Definitely! It was one of the best decisions I ever made.

Now it’s your turn to learn how to start a photography business.

Table of Contents

How do I Start a Small Photography Business?

Reduce risks with a home-based photography business.

Not many professional photographers go from zero to renting a studio – most start off with a home-based photography business, where costs can be kept to a minimum.

As a small business owner, keeping costs low should be a priority, and running your photography business from home is highly recommended.

At this stage when you don’t even have a business plan, all you need is a place in your home from which to work – some private ‘office space’. If you’re using a laptop, you don’t even need a desk!

If you need to meet clients to book work (e.g. for wedding photography), you can do as I did and meet them in a local cafe – clients don’t expect to come to your home, even if you list your home address as your business address.

Decide what types of photography services you’ll offer

Credit: Szabo Viktor

What type of photography is most profitable? You can build a successful photography business by shooting commercial/advertising, event (weddings, corporate, etc), family (maternity, etc), freelance or stock photography.

However, it’s much harder to start earning money as a commercial photographer than, say, as an event photographer.

Also, while stock photography is a good passive source of income , freelance photography allows you to cast a wider net.

When starting your own photography business, it’s important to balance your passion for a specific genre with realistic goals.

Consider whether there’s a market for a particular type of photography in your area, for example.

I chose to focus on wedding photography since there’s a big market for wedding photographers where I live. I also thought shooting weddings would be fun and exciting, and I could also offer mini sessions , pre-wedding shoots and other related services.

You may want to offer several photography services under one unique photography business name , but I recommend focusing on just one genre to become a ‘specialist’.

You need to be the go-to photographer for a certain genre of photography – not the person who shoots everything since this can appear a little amateurish.

That said, there’s always the option to become a professional freelance photographer to offer a selection of different services.

Develop a basic photography business plan

Credit: Galymzhan Abdugalimov

Perhaps one of the most challenging aspects of creating a photography business is to know how to actually start.

A photography business plan is the first logical step to setting up a strong base camp that will allow you to build up your business without feeling overwhelmed.

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What goes into your plan may vary, but at a minimum, you may want to include:

• Executive summary: You can start your photography business plan with an executive summary that defines what your general objectives are as well as your key factors of success.
• Company overview: Do an outline of the organizational structure of your business according to the terms of the area you are in. Will you be the sole proprietor? Will it be a limited liability company? What will be the business structure? Do you need business licenses? Will you have a business partner? What type of business will you run?
• Products & services overview: It’s important to create a detailed description of the products, services and prices you’ll be offering. This will help you to better navigate the many different client requests that might show up.
• Audience analysis: Understand who your target audience is and what channels will be most effective to reach them.
• Competitive analysis (market research): Have a look at the competition operating in your market locally, identify their strengths and in what ways you can differentiate yourself from them.
• Operations plan: Think about operations – what are the day-to-day logistics of running your photography business?
• Financial analysis: Make an effort to be financially savvy – this is very important! Create a financial plan to be in full control of all the nuances of your business cash flow. It’s likewise helpful to establish early on what your equipment requirements are and how much profit you expect to make.
• Timeline: Establish a timeline with clear milestones so you can track your progress and set goals that are increasingly more realistic and adapted to your situation. Think of it as a photography business roadmap to get you to where you want to be.

I should mention that it’s not worth getting too hung up on having every aspect of your photography business planned out in detail.

There are bits you simply won’t know yet and that’s OK! Do your best with it and don’t let writing a business plan become a block that prevents you from moving forward.

Once you have a basic business plan on paper, it’s time to get into the fun part – bringing it to life!

Find the Right Photography Business Structure

One boring-but-important topic when researching how to start a photography business is the subject of business structure.

In the USA, there are 6 main business types of legal structure to consider for your business: sole proprietorship, general partnership, limited partnership, Limited Liability Company (LLC), S Corp. and C Corp.

Sole proprietorships or sole traders are most common for small home-based businesses. They’re the easiest to manage and easiest to handle in terms of taxes since it’s usually just you involved in the running of everything.

You may also consider going into a photography business with a partner, which is actually similar to a sole proprietorship in terms of liability and taxes.

Each person is responsible for their own side of the business and all profits are split based on the percentages you decide. Of course, you also need to consider that all expenses and liabilities are also split between both partners.

If you want to protect your personal assets, many photography businesses opt for an LLC structure (Limited Liability Company). An LLC or S Corp provides one level of tax and also a layer of protection from personal liability.

At this point, it’s worth mentioning that deciding on a business structure should usually involve some legal advice, or at least, a lot of research on your part to decide what’s most relevant for you.

A quick note on business licenses – in most jurisdictions in the United States, no professional license is needed to run or operate a photography business. However, not all States are the same.

To know for sure whether your locality requires you to get a business license for photography, it’s best to call your local licensing board or city hall.

In addition to a business license, you should also start researching whether you need to use photography contracts or model releases for your line of work.

Putting in the groundwork now will set you up for success without any legal headaches.

Choose a photography business name & branding

Credit: Brad Neathery

Once you’ve decided what your speciality will be and the structure of your business, it’s time to think about your photography business name and branding.

This is what will differentiate you from the competition. It’s also important because of first impressions: when people see your branding, it can instantly give them an idea of what you do and what your style is.

With that in mind, consider the look and feel of your logo and typeface. Is it something quirky and creative, clean and modern, vintage classic…?

As for names, you might choose to name your photography business after yourself (e.g. “Bob Smith Photography”) or you could get creative and have it reflect what you do (e.g. “Maternal Memoirs” for maternity photography, or “Bedroom Eyes” for boudoir – I’m just making these up on the spot here but you get the idea!).

Don’t neglect to choose a unique or catchy slogan or tagline for your photography business .

The most important thing with branding is to be consistent. That bears repeating, so I’ll say it again: Consistency is key!

You want your brand message to be reflected across your website, business cards, social media accounts , and all materials you deliver to clients including final photo packages, invoices, etc.

• What is branding for photographers?

Register a domain and create a photography website

It goes without saying that pretty much all successful photographers in 2024 have an online presence. That’s why the next step in starting a photography business is to create a photography website .

Your website should showcase your best work and give people an idea of who you are and how you work.

While there are plenty of free web hosting solutions out there, it’s worth investing a small amount to register your own domain name.

This not only looks more professional, but it’ll also help you rank in Google searches (just ensure your domain name reflects your business name).

From there, you’ll need to build your photography business website and connect your domain name to it.

Now, if your web design skills are non-existent, don’t worry: there are plenty of solutions out there that can make life ridiculously easy.

One of the best options is to use a content management system (CMS) like Wordpress – you can download elegant-looking, customisable themes (for example, Flothemes make some great ones) so the design and layout aspects are all there for you.

With a few clicks of the mouse, you can adapt a pre-made template to include your own branding and start getting your website out to potential clients.

Invest in professional photography equipment & software

At this point, you’re probably wondering: What kind of camera do most professional photographers use?

While there’s no one correct answer as to what is a ‘professional camera’, by and large, most pros use full-frame DSLR or mirrorless cameras.

However, some do absolutely fine by using APS-C sensor cameras, particularly if high ISO low-light performance isn’t required. (Full-frame sensor cameras are better at this, among other things.)

DSLRs are still an industry standard, but are somewhat of a dying breed – mirrorless cameras offer better features and more recent technology, although the number of native lenses still dwindles in comparison to those on offer for DSLRs.

You can see more of the differences between mirrorless and DSLRs here , but suffice to say, you won’t go wrong with either.

As for the question, what camera should I buy to start a photography business? Initially, it’s whatever you can afford, but once you start making a better income, you should always upgrade your equipment in line with what you need to complete your job efficiently.

For example, wedding photographers need cameras with excellent autofocus and high ISO capabilities, whereas a portrait photographer may not need either of these things.

There’s always the option of renting equipment when you first start out – get yourself a good all-round camera, then if any job comes around that’s out of its comfort range, hire something to suit.

The same goes for camera lenses, of which there are a plethora of options . Again, depending on the type of photography services you’ll offer, you can choose between a wide range of telephoto and primes at various price points.

Most pros can get by with an affordable and fast 50mm lens (nifty-fifty), so you can start your lens collection from there. Remember that buying used camera lenses is also a great option.

As for software, this is another area you’ll need to invest in in order to grow your own photography business.

Many photography business owners start out bare-bones with a mixture of Google Sheets for keeping track of expenses and clients’ information and Google Calendar. You’ll soon outgrow these, through.

When you start making money, you’ll also need some kind of accounting software to keep track of all the figures.

It’s wise to pay for premium photographer software early on as it can really help save you time and headaches in the long run.

At a bare minimum, you’ll need photo editing software (we recommend Adobe Lightroom ), client/studio management software , and an online gallery to deliver your photos to your clients.

You can also consider an all-in-one business management tool such as  Bonsai  to help you manage your photography projects more efficiently. They offer features like invoicing, proposals, contracts, time & task tracking, client CRM and more.

All features are integrated to work seamlessly together and you can automate the entire customer relationship journey – from the proposal, and e-signing contracts to invoicing and tax season. On top of that, Bonsai offers hundreds of free templates for proposals, contracts, invoices, and more.

If you’re not shooting high volumes, you can get by with a photo editing software that doesn’t lock you into a subscription, as Adobe Lightroom does – fortunately, there are several great alternatives .

If you’re wondering how to start a photography business with no money, it may well be tough due to the requirements to invest in all the things mentioned above.

If you have good friends or family, perhaps they can lend you the gear until you’ve done enough jobs to earn the money to buy or rent your own.

It’s also possible to find free software that helps to manage your own business, albeit with some limitations.

Take out photography business insurance

We can’t talk about how to start a photography business without covering some more of the boring-but-important stuff, like… insurance!

Yep, it’s not the most fun thing to have to research and organise, but trust me – if something goes wrong, you’ll be glad you took out insurance.

There are various types of insurance your photography business might need, depending on what kind of work you do.

First and most obvious is your precious equipment. Some insurers offer specific camera insurance or photography plans designed to cover gear and studio fittings.

Note that while your regular home contents insurance may cover loss or damage to your gear, it will only be applicable if the damage occurs at home and not while you’re shooting on location. That’s why it’s worth looking into some specific cover.

On top of that, consider taking out some public liability insurance.

Despite our best efforts, sometimes things go wrong while we’re out shooting. Let’s say you’re photographing a wedding and a guest trips over your tripod, breaking their leg and taking out the entire wedding cake in the process – liability insurance will cover the damages.

If you plan on hiring any extra staff, you’ll also want to look at taking out employers’ liability insurance. This is to cover you if an employee gets sick or injured on the job.

Lastly, some photographers choose to take out professional indemnity insurance as well.

Imagine a client accuses you of some negligence and claims they lost some income due to your actions.

(For example, if you photographed a corporate event but lost your memory cards and couldn’t deliver the images. Indemnity insurance would cover any legal and other costs.)

Insurance needs vary depending on where you are in the world and what your business model is, so take this as a rough guide and do speak to your insurer about what plans are best suited to your needs.

Learn how to market your photography business

On to the next step of learning how to start a photography business: I bet you’re keen to start raking in the customers (and the cash!).

If you’re asking, “How do I get clients for my photography fast?” , the answer is  marketing. 

Unlike advertising, marketing can be done for free (or very cheaply), but it takes a little work.

One marketing strategy you can use is to network with other photographers. But wait, you say, aren’t they the competition? Not necessarily!

Another photographer might get a request for a job that doesn’t fit their style or speciality, but does fit yours – and they can refer the client on to you. These referrals are a great way to generate business, so make sure you nurture your relationships with other photographers.

Meeting other photographers is also a great way to learn. You can find out how they generate new business and meet prospective clients, and learn about which marketing strategies work best for them.

You can easily network with other photographers online through photography groups, or in person at your local photography club .

Marketing via social media is obviously another big one. It’s worth using platforms like Instagram to showcase your photography work and interact with your target audience.

To succeed on Instagram in 2024, you need to be creating entertaining Instagram Stories and posting fresh content regularly, as well as interacting with your followers and other accounts.

Online marketing for photographers is a huge topic, but at a bare minimum, make sure you learn the basics of SEO , how to write interesting blog content and how to attract new business via Facebook ads.

(If you want to become a wedding photographer, check out More Brides where I reveal all the marketing secrets that helped me quickly grow my business.)

Once you do get a few clients, make it as easy as possible for them to recommend you. Word of mouth referrals are one of the best ways to net in new clients, and that’s true of any type of business!

If your clients are happy with your work, ask them to leave you positive reviews online, tag you on social media, and recommend you to their friends.

Also, create an email mailing list where you can keep existing and potential clients up to date with your work and aware of any special offers you might be running. Remember to ask for permission and give people an option to opt-out or unsubscribe.

Let’s not forget that nondigital marketing methods also exist. Don’t underestimate the power of business cards,  flyers and other physical marketing materials for distributing around your neighbourhood or pinning to the local notice board.

For example, if you’re a food photographer you might drop round to local restaurants and hand them a brochure or card.

Or if you want to get a foot in the door as a real estate photographer, you might do a letterbox drop to all your local estate agents.

Whether online or offline, find out where your target market hangs out and go there to introduce yourself.

Invest in photography business education

When you’re just learning how to start a photography business, it’s important to grasp the basics. Then, as your business grows, your knowledge of how to run it has to expand as well.

That’s where it can be worth investing in your photography business education. By investing, I’m talking about time as well as money.

In fact, sometimes time is all you need to invest thanks to the copious amounts of free resources online.

Some areas you might choose to study, whether via a free or paid course or workshop:

• Understanding the full commercial photography workflow, from client briefs through to delivering the final product.
• Pricing structures and how to charge for your services.
• Business administration includes registering your business, filing taxes, etc.
• Best practices for dealing with clients.
• How to market and grow your business.

Your best bet is to determine where your knowledge gaps are, then start looking for ways to fill them.

And, of course, you should continue your photography education as well.

The best professional photographers are those who are always open to learning new things and developing their skills in every aspect of the art, whether it’s compositional techniques, lighting, post-processing and retouching, or something else.

Fortunately, a lot of free photography courses are available right here on Shotkit!

Start thinking about passive income for photographers

Passive income is basically regular earnings that take little-to-no regular effort to maintain. In other words, you set up the income source and money kinda just rolls in while you sleep. Pretty sweet, huh?

So, how do photographers make passive income?

The most obvious is through stock photography. With stock photography sites , you can upload images and get a commission every time someone downloads one (normally, they’re used for commercial or editorial purposes).

The reality of the stock photography world is that thanks to digital photography, it’s highly saturated. So be aware that it takes some dedication and a high volume of photos to make a decent passive income.

That’s not to say it can’t be worth it – just that you should approach it realistically.

There are other potential passive income streams. You can sell digital products such as Lightroom presets or online courses and ebooks.

Or, you could use a print-on-demand service to offer products printed with your photographs .

If you write a photography blog, perhaps you want to start writing reviews of camera gear and link to sites like Amazon and B&HPhoto to earn a commission as an affiliate.

There are also platforms like Patreon that allow you to charge for content that you provide to your followers.

Think outside the box and see what passive income ideas you can come up with – it’s an excellent way to grow your revenue and ensure you have some income even in times of seasonal fluctuations.

Money and Photography Business FAQs

When researching how to start a photography business, you’ll likely have a ton of questions regarding money – how much it costs to start and run the photography business and how much you can expect to earn as a professional photographer .

We’ve answered all the most common queries below – feel free to leave a comment if you want to ask something specific.

• How much money does it take to start a photography business?

It depends on what you’re shooting and how much equipment you need, but a good starting point is around US$10,000. That’s to cover basic camera gear, software, insurance and business registration fees.

• How can I start a photography business with no money?

If you already have some basic camera gear and an internet connection, then you can start a photography business by simply getting out and shooting! Find clients using free marketing strategies and build up from there, reinvesting your earnings until you can buy adequate insurance, better gear, etc.

• How much money do professional photographers make?

According to ZipRecruiter.com, the average photographer salary in the US is $43,114. However, photographer salaries vary greatly depending on country/location, experience level, education level and genre.

• How much money does a photographer make per hour, a week, a month?

Careerexplorer.com states that the average wage for a photographer in the US is around $18.22 per hour; however, that figure ranges from as low as $10.36 per hour for someone starting out to $32.04 or more for an experienced shooter. ZipRecruiter pegs the monthly average salary at $3,592. Again, location is another big factor in how much you can expect to earn.

• How much should I charge as a beginner photographer?

For a beginner, you’re probably looking at an hourly rate of US$25-$50 (or equivalent in your currency), or between $10 and $25 per image. Think about the time and expenses of the work for you and factor that into what you charge.

Final Words

I hope you found this guide to how to start a photography business useful. Moreover, I hope it genuinely inspired you to get out there and do it!

As I’ve found, starting your own photography business and being your own boss is incredibly rewarding. Yes, there are some challenges ahead, but I assure you, there’s nothing that you can’t overcome with a little perseverance!

So what do you think? Are you ready to take the leap?

If you have any other questions about how to start a photography business, please leave them below and I’ll do my best to answer.

Also, if you have your own tips or want to share your experiences with venturing into the business world, do add them as well – simply leave a comment below.

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Mark Condon is a British wedding photographer and editor of Shotkit. When he’s not taking photos or reviewing the latest camera gear and software, Mark can be found cycling around the northern rivers.

As Jon Morgan, CEO of Venturesmarter.com, I couldn’t help but dive into this article on starting a photography business. With my extensive experience in helping startups and small businesses scale, I love exploring different entrepreneurial pursuits. Who knows, maybe I’ll start a photography business myself and capture all my consulting successes! This article provides a fantastic roadmap for budding photographers ready to take on the world, one click at a time. Keep up the great work, Shotkit!

I still don’t know where to go now. I have shot a few wedding films and have some engagement photos scheduled. Website is still a work in progress (cringe rn). Still, the business is actually there and working but i’m not a business as far as the government is concerned, you know? If I buy a new piece of gear, i can’t write that off as of now and get a tax break on the money I make. I’d like to get a body with 10 bit video and dual card slots for redundancy but would love to capture some of that as a business expense to soften the blow. Plus being licensed probably looks less armature to clients. I need to know where to go to actually like, fill out a form so that when tax season comes I can fill out a 1099. Any direction would be appreciated :)

Love these tips Mark. One thing that really accelerated my career was having a Mentor too! I use https://www.lisnic.com to connect with mine now, mentoring is honestly the way to go.

Thanks Taylor – are you associated with Lisnic? Looks interesting…

Thanks for this great article. Coincidentally my brother just wanted to start a photography business.

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HOW TO WRITE THE ULTIMATE PHOTOGRAPHY BUSINESS PLAN

Table of contents, 1. summarise your services and products, 2. describe your target market, 3. analyse your competitors, 4. conduct a swot analysis, 5. outline your marketing plan, 6. outline your operations plan, 7. work out your finances, 8. set goals and create systems, 9. write an executive summary.

What is your main photography service?

List any other photography services your offer, how do your photography services complement each other, describe the products you provide to clients.

Sum up your ideal client in one sentence

What are the top 3 desires you can help with, what are the top 3 pain points you can help with, what will connect you and your ideal client, 3. analyse your competitors.

List 2 or 3 of your closest competitors

Describe their services and products, who are they appealing to, what is their price point and position, what are they doing well, what could they be doing better, write 3-5 adjective to describe their brand, 4. conduct a swot analysis.

Make a list of your strengths

Acknowledge your weaknesses, where are the opportunities, are there any potential threats, 5. outline your marketing plan.

What makes your business stand out?

Write your elevator pitch, write your big, bold statement (tagline), define your brand personality and tone of voice, what content are you going to create, which social media platform will you use and how, will you do any face-to-face marketing, will you seek publicity for your business, how will you generate and nurture leads, how will you create loyalty and encourage referrals, 6. outline your operations plan.

Describe the enquiry and conversion process

Describe the booking and onboarding process, describe the shoot or wedding process, describe the post-shoot/wedding process, describe the product sales process, describe the order fulfilment process, describe the process beyond order fulfilment, 7. work out the finances.

Summarise your CODB and salary aims

Where are you positioned in terms of price, which pricing model is right for you, 8. set goals and create systems.

Decide on your financial goal

Map out your systems, what needs to happen for your systems to work, 9. create an executive summary.

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How to Run a Photography Business (Complete Guide)

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This article explores how to run a photography business. Becoming a professional photographer isn’t easy, and the prospect of running a business can seem daunting. But with the right knowledge and application, you can turn a photography hobby into a career.

There are many things you need to think about when running a photography business. There are essential laws and legal paperwork you need to be aware of, as well as marketing and client-sourcing techniques. 

While that might sound complicated, we’re here to help. This article breaks down the process of starting a photography business with handy tutorials packed with vital information. Once you’ve finished, you’ll have the confidence to run a photography business. 

How to Run a Photography Business

When you imagine being a professional photographer, your thoughts are probably dominated by fancy cameras and glamorous photo shoots. These elements do play a part, of course, but professional photographers also have to deal with the less glamorous side of running a business.

You are no longer just a person with a camera. You now have to think of yourself as a professional—as a brand. That means you have to take everything from client correspondence to financial transactions seriously. 

Booking studio space and models has to become like second nature to you. You’ll also need to know how to write and complete every type of contract and release form.

Revenue has to be one of your main concerns, as that’s how you put bread on the table. Making money with photography isn’t easy, but there are ways you can diversify your income streams so you always have money flowing in. 

We start the article by looking at the basics of becoming a professional photographer. Then we cover marketing and social media strategies to help you get ahead of the competition. We also have everything you need to know about the legal paperwork for photography businesses. 

Each section has a link to a full-length article on the topic, so remember to click to learn more. 

Becoming a Professional Photographer

Becoming a photographer takes hard work and dedication. Mastering the basics of exposure, depth of field, and light is essential when starting out. Practice as much as possible to improve your skills.

Find your photography niche based on what you enjoy and the types of photography that provide an income. Carefully invest in the right equipment for your niche. Build a strong portfolio that showcases your abilities as a professional photographer in your chosen area.

Share your work online to establish your brand and get exposure. Get organized and always behave professionally to build trust and a solid reputation. Be proactive in finding work and seeking out opportunities in your local area. Always ask for compensation for your services, whether it’s financial payment or credit and exposure.

To learn more about how to become a photographer , we have an in-depth guide that covers everything you need to know.

Is It Easy?

Being a photographer isn’t always easy. It can be a competitive field, with many amateurs willing to work for low pay or even for free. This makes it hard to charge what you’re worth and can lead to getting ripped off.

The pay can be inconsistent, especially when you’re just starting out. You may have to spend a lot of time away from home for jobs. And you’ll encounter demanding clients who expect perfection, even when it’s not realistic.

Photography also requires investing in expensive gear to get professional results. You may find yourself shooting the same subjects repeatedly to specialize in a niche. And post-processing can be a boring but necessary part of the job. Despite the challenges, many photographers find the rewards worth it.

Being a photographer has its difficulties, but it can also be a fulfilling career for those who are passionate about it.

Prep for Your First Shoot

Preparing for your first client photo shoot is important. Create a mood board to share ideas with your client and make sure you’re on the same page. Visit the shooting location ahead of time to check for potential issues like harsh sunlight or crowds.

Bring backup gear in case of technical problems. Rent or borrow extra cameras, lenses, and lighting equipment. Hire an assistant to help with tasks like holding reflectors and changing lenses.

The day before the shoot, finalize your equipment checklist, clean your gear, charge batteries, and look up directions. On the day of the shoot, arrive early to set up and test your lighting. Have model releases and contracts signed upfront. Being prepared will help you focus on creativity during the shoot.

If you’d like to learn more about how to prepare for a photo shoot , we have a detailed guide in this link.

Successful Client Sessions

Planning your photo shoot is key to success. Make a list of ideas and discuss them with your model beforehand. Pack carefully and don’t forget important gear like lenses or batteries.

Embrace the location in your portraits, but keep the focus on your model. Blur the background if needed to avoid distractions. Take a variety of shots, including wide, medium, and close-ups. Have your model look in different directions, not just at the camera.

Control the lighting to set the mood. Use flash or reflectors to soften the light and make your model look their best. Communicate with your model to help them relax and pose naturally. Listen to their ideas and try them out.

Having a successful client photo shoot  takes practice, but these tips will help you capture stunning portraits.

Studio Photography Basics

Setting up a photography studio doesn’t have to be complicated. You can start with just a background and stand. If you have plenty of window light, you can achieve professional results even in a small space.

As you earn more, consider buying artificial lights. Begin with one light and modifier, then grow your kit as needed for more complex lighting setups. Take your time getting used to the equipment.

Before you know it, you’ll have a full-size studio that can handle all your photography needs.

If you want to learn more about studio photography , we have a detailed guide that covers everything from equipment to lighting techniques.

Responding to Requests

As a photographer, you may receive requests for free photography. While it can be flattering to get attention, it’s important to remember that your time and skills are valuable. Before agreeing to work for free, consider the costs and benefits.

There are some situations where offering a free photo shoot can be beneficial, such as when building your portfolio or getting credit from a well-known publication.

However, in most cases, it’s best to politely decline requests for free photography. Explain that you appreciate their interest but cannot allow your photos to be used without payment due to the costs associated with taking and editing them.

If the requester is still interested, provide them with your reasonable licensing rates. The price per photo will depend on factors such as the size of the image, the publication’s circulation, and the duration of use.

By conducting yourself professionally and knowing your worth, you can successfully navigate requests for free photography.

Click this link to learn more about responding to requests for free photography .

Starting Your Photography Business

Starting a photography business requires careful planning. Create a business plan that outlines your structure, target market, finances, and long-term vision. Consider diversifying your income streams with photo shoots, classes, and online courses.

Choose a business structure like a sole proprietorship, partnership, LLC, or corporation. This determines the paperwork you’ll need to file. Pick a memorable name for your business that reflects your long-term goals.

Build a marketing plan based on your target clients. Use social media, blogs, or community events to reach them. Focus on building relationships and making your clients happy.

Growing a successful photography business takes time and hard work, so be patient and stay committed to your goals.

If you’d like to learn more about starting a photography business , we have a detailed guide with all the essential info.

What You Need

Starting a photography business requires some essential equipment. A full-frame camera like the Canon EOS RP is a good entry point for serious photographers.

Lenses are just as important as the camera. A couple of good-quality, fast lenses will give you the sharp, high-quality imagery that you need as a professional. Prime lenses tend to be sharper than zoom lenses.

Other important equipment includes a sturdy tripod, memory cards, a card reader, extra batteries and charger, lens filters, lens hoods, backup drives, a color calibrator, a color checker, a grey card, a reflector kit, and possibly a lighting kit with modifiers and stands.

Check out our full article if you’d like to learn more about what you need to start a photography business .

Writing a Business Plan

A photography business plan is a road map to success. It outlines your goals and how you’ll achieve them. Your plan should include an executive summary, a description of your services, your target market, and marketing strategies.

Assess your competition and find what makes you unique. Develop a timeline and consider your operations strategy. Plan your financials for the first three years, including expenses like gear, software, and marketing.

A photography business plan is key to a successful photography career. It helps you prepare and set goals. Start working on yours today, and you’ll be ahead of most photographers who don’t have a plan.

Running a photography business can be expensive. There are many costs to consider, such as liability insurance, web hosting, backup drives, memory cards, batteries, software subscriptions, and more. These expenses add up quickly and can make it challenging to turn a profit.

It’s important to understand the cost of doing business (CODB) before setting your prices. Your CODB is the total amount it costs you to run your business, including all monthly and annual expenses. Anything you make over that amount is your profit.

When determining your rates, consider your living expenses and savings goals in addition to your CODB. Price yourself high enough to pay your overhead, turn a profit, and put some aside for slower periods or gear upgrades.

By understanding your cost of doing business , you can set prices that reflect your value and ensure the sustainability of your business.

Finding a Studio

Finding a cheap photography studio rental is possible, even on a limited budget. Consider unusual locations like classrooms, museums, or rec centers that rent out space by the hour or day. Airbnb listings can also work well, and some are even dedicated studio spaces.

Talking to a realtor about empty retail or office spaces available for temporary rental is another option. You can also use the client’s home or office if it’s suitable for the shoot. Joining a studio co-op allows you to share the cost of a dedicated space with other photographers.

Creating a studio in your own home is a popular choice for many photographers starting out. Finally, taking the studio outdoors can work for certain types of shoots and even boost creativity.

To learn more about photography studio rental , check out our in-depth guide.

A photography shot list is a great way to stay organized during a photo shoot. It’s essentially a checklist of the images you want to capture. Shot lists can be simple written notes or more advanced, like sketches or storyboard-style illustrations.

Using a shot list opens up communication between you and your client. It helps manage expectations and acts as proof of what was agreed upon. A shot list also makes the most of your time by keeping you focused on the shots you need.

To create a shot list, consult with your client about their needs and expectations. Write down all the shots that come to mind, then narrow it down.

Break your list into sections like must-haves, detail shots, and wide shots. When shooting, keep your shot list handy on your phone for quick reference.

Photography shot lists are a valuable tool for efficiently capturing all the important images. Check out our full article for setting up a complete shot list.

A photography logo is the first thing potential clients see, so it’s important to create one that represents your brand. Using an acronym of your business name can keep your logo compact and recognizable. A signature or script text adds a personal touch and is unique to you.

Simplicity is key—a bold font makes a statement about your professionalism. Incorporating photography imagery like a camera or film roll clarifies that you’re a photographer. Using your initials to create a symbol—like turning them into a tripod—is creative and memorable.

Your logo should show your photography style and niche, whether it’s analog, landscape, or wedding photography. A simple illustration style with a hand-drawn feel can also give your logo a distinct look.

Creating photography logo ideas can be tricky, but with a little inspiration, you can create the perfect one for your business.

Business Card Designs

Photography business cards are an essential tool for networking and showcasing your unique style. They allow you to quickly share your contact information and give potential clients a glimpse of your work.

When designing your photography business card, include your name, email address, website, and any relevant social media accounts. You can also add a QR code that links to your online portfolio or website.

To make your business card stand out, consider using unique materials like transparent or metallic paper, or opt for an unusual shape or size. Including a small print of one of your photos is another great way to showcase your skills and style.

If you’re interested in learning more about photography business cards , there are many creative designs and ideas to explore in our full-length article.

Cliche Name Game

Naming your photography business can be a challenge. When you’re feeling stuck, take a break and try our fun photography name generator for inspiration.

The generator combines a positive adjective, something pretty or colorful, and a funny way of saying photo or photography. The results may sound cheesy, but they can shake up your creative energy and lead to unexpected ideas.

Remember, the best business names are easy to remember and give customers a sense of what you do. If you specialize in a certain niche, consider including that in your name.

For more tips on naming your photography business, read our photography name generator article.

The Legal Side of Starting a Business

To start a photography business legally, you need to understand the laws in your country. Copyright laws protect your photos, giving you ownership and control. However, you may need a release form to use photos with recognizable people or private property for commercial purposes.

It’s important to have the right legal paperwork. Photography contracts protect both you and your client by setting clear expectations. You may also need a photography license, depending on your location.

A photo licensing agreement outlines how a client can use your images. Photo release forms grant permission to use an image and are essential for photographing people or property.

Take a deeper dive into the laws and legalities of running a photography business in our detailed article. 

Must-Know Photography Laws

Photographers must understand copyright law if they want to protect their work correctly. Copyright is automatically applied to photographs at the moment of creation, giving the photographer ownership and control over the image. This means the photographer can reproduce, sell, and use the photo however they wish.

However, there are some restrictions when photographing people or private property. In the U.S., a photographer needs a release form to use someone’s likeness commercially.

There are some exceptions for photojournalism and fine art. But in general, you can’t do whatever you want with a photo of someone without their permission.

It’s important for photographers to know their rights and responsibilities when it comes to copyright law. Understanding concepts like commercial use, fair use, release forms, and the difference between public and private property is essential.

By educating themselves on photography laws , photographers can avoid legal issues and protect their creative work.

Photo Licensing Agreement

A photo licensing agreement is a contract that grants specific usage rights to a client or collaborator.

The agreement outlines how the image can be used, such as in print or online, the number of people who will see it, and for how long. This protects you as the creator of the image and helps avoid misunderstandings with clients.

Clients may not understand why they need a licensing agreement. They might think they own the images and can use them however they want. In this case, you’ll need to educate them on the transaction and how it works.

The licensing agreement should be specific about the end use of the image and the brand’s visibility. High-profile businesses should have different terms and prices than small local businesses.

Click on this link if you’d like to learn more about photo licensing agreements .

Photo Release Form

A photo release form is a contract between the photographer and the subject that grants permission to use the image. It’s required in the U.S. to use someone’s likeness commercially. The form can include limits on usage and an expiration date.

There are different types of photo release forms. Model release forms are for photographing people, while property release forms cover buildings and objects. Print release forms give clients permission to make prints. Minor release forms are signed by a parent or guardian for subjects under 18.

You need a photo release form if the subject is recognizable and the photo will be used commercially or for advertising.

To learn more about photo release forms , including free templates you can use, check out our in-depth guide.

Model Release Form

A model release form is a legal contract between a photographer and the subject they photograph. It’s one of the most important documents for photographers, as it protects both parties and prevents future complications or lawsuits.

The form outlines the rights of the photographer, client, and model regarding the use of the images.

Model release forms are essential for commercial photography, where the photos may be used for promotion or sales. However, the specific requirements vary depending on the country, state, and intended use of the images.

It’s crucial to research local laws and regulations to ensure your model release form covers all necessary aspects.

To make the process easier, consider using a template rather than creating your own from scratch. A well-written model release form should include the subject’s personal information, a witness signature, and clear terms regarding the usage rights of the images.

Read all about model release forms in our educational article.

Marketing for Photographers

Marketing is a top priority for any professional photographer who wants to succeed. Building a professional website has never been easier or more affordable. And social media can help boost your online profile and make your work more visible. Sending your photos to magazines is another great way to get more eyes on your work.

To learn more about marketing for photographers , including SEO, sales, and more, this article is a helpful resource with in-depth information on these topics.

Easy Marketing Strategies

As a freelance photographer, you won’t have a dedicated marketing team to promote you and your work. That’s why having a basic understanding of professional marketing is so important. 

Ask for referrals from friends, family, and clients. Make sure you have a professional website with a portfolio and testimonials ready. Producing great photos encourages people to recommend you and your services to others.

Create targeted social media ad campaigns to attract your ideal audience. Use eye-catching images, and behind-the-scenes videos or before-and-after comparisons can go viral.

Attend local business networking events to build relationships. Bring business cards and flyers, and be prepared to briefly introduce yourself. Look for real estate agents or brokers who may need your services.

Real estate photography marketing involves a variety of strategies to reach potential clients and showcase your work. By implementing these tips consistently, you can grow your business and attract more customers in your local market.

Getting Noticed

To get your photography noticed, make sure your images are high-quality and visually interesting. Experiment with creative photo projects and share them on photography websites to showcase your skills.

Running a photography blog is a great way to build your online presence and attract more viewers to your work.

Entering photography contests can help you gain recognition, but be sure to read the terms and conditions carefully. Getting your photos published in magazines or newspapers, both online and locally, can attract potential clients.

Joining photography forums and social networks like Facebook, Instagram, Twitter, and LinkedIn allows you to reach a wide audience.

Uploading your work to photo-sharing platforms like Flickr, 500px, and Behance can provide exposure and networking opportunities. If you have compelling images, you may even gain new clients.

Learn more about getting your photography noticed with our helpful guide.

Attracting Clients

Identifying your ideal client is key to targeting the right audience for your photography business. Research your target market’s media consumption habits to focus your marketing efforts on the most relevant platforms. This will save you time and money.

Attract more clients by launching targeted social media campaigns on platforms like Facebook and Instagram. You can also host an open photo shoot to show potential clients what it’s like to work with you. It’s a great opportunity to network and showcase your talent.

Create a quarterly email campaign featuring your latest work to remind your clients of your services. Offer special promotions and loyalty programs to attract new clients and retain existing ones. Incentivize people to refer you, but be careful not to cheapen your brand.

If you’re looking to get photography clients , consider joining freelancing websites or volunteering to photograph events in your local community.

Writing a Website Bio

Writing a photographer bio for your website is an important task. Your bio introduces potential clients to the person behind the camera, adding depth and personality to your online presence. Keep your bio simple and concise, using clear language that’s easy to understand.

Your bio should reflect your unique personality as a photographer. If you have a fun and lighthearted style, feel free to inject some humor into your writing. However, if you’re a serious professional, stick to the facts and avoid forcing jokes where they don’t fit naturally.

Include relevant information about your photography career, such as notable commissions, awards, or achievements. A photo of yourself can also add a nice personal touch.

By crafting a well-written bio that showcases your skills and personality, you’ll create a strong first impression for potential clients visiting your website.

We have more valuable information about writing a photographer bio in this blog post.

Website Builders

Finding the best website builder for photographers is essential to start your business. Every photographer needs their own website as a portfolio, storefront, and business hub. The more professional your website, the more success you’ll have as a photographer.

Wix is the best website builder for photographers. It’s a well-priced website builder anyone can use. Wix is a no-code platform with drag-and-drop design tools, so you don’t need web design experience. There are thousands of design options to develop your own branding.

If you’d like to see more of the best website builders for photographers , our list has all the top options.

SEO is important for photographers to drive traffic to their website and attract more clients. Search engines like Google index and rank web pages based on relevance to a user’s search query. Optimizing your website and online presence can help you appear higher in search results.

To improve your photography website’s SEO, make sure your site is mobile-friendly and contains relevant keywords. Blogging regularly with high-quality content keeps your site fresh.

Getting backlinks from other reputable websites and maintaining an active social media presence also boosts your search rankings.

Setting up a free Google Business listing allows you to appear in local search results and on Google Maps. Use Google Analytics to track your website traffic and learn more about your visitors.

SEO takes sustained effort, but it’s worth it to generate more organic traffic and grow your photography business.

SEO for photographers is important for any photographer with a website or blog, so click the link to find out more. 

Social Media for Photographers

Social media is a powerful tool for photographers to showcase their work and attract clients. Instagram and Facebook are two of the most popular platforms. To get the most out of them, it’s important to post high-quality photos consistently and engage with your followers.

On Instagram, use relevant hashtags to make your photos easier to find. Write engaging captions that tell a story or provide context for your images. Interact with other accounts in your niche to build a community around your work.

For Facebook, create a dedicated photography page separate from your personal profile. Share your best photos and include links to your website or portfolio. Encourage fans to like and share your page to expand your reach.

By building a strong presence on social media, you can grow your photography business and connect with potential clients.

To learn more about social media for photographers , our in-depth guide covers everything you need to know.

Creating a Facebook photography page is a great way to showcase your work and build a community of fans. To get the most out of your page, select the right category when registering.

Listing yourself as a website rather than a public figure has advantages, such as being able to reach more than 10,000 fans.

Fill in the About section with information about who you are and what you do. This will help your page show up in Google searches.

Choose a profile picture that best represents your photography business, and use the cover photo to advertise your services or display your best work.

Share your portfolio on your Facebook photography page, but be selective. Only post your best images, as the album is only as strong as its weakest photo.

Watermark your photos to protect them from theft, but keep the watermark small and unobtrusive. Post regularly to keep your fans engaged, and add a call-to-action button to direct them to your website.

By following these tips, you can create an effective Facebook photography page that showcases your work and attracts new clients.

Instagram is probably the best social media platform for photographers. It allows you to showcase your best work, generate a following, and attract new clients and collaborators. 

Use Instagram as a social media diary to look more approachable. Post behind-the-scenes shots that your audience can relate to. Choose a username and fill out your bio so people can find you.

Find accounts important in your field for reposts and targeted campaigns. Use niche hashtags with under 250,000 posts to make your photos stand out. Be consistent with your posts to gain relevant followers.

Reply to all comments to broaden your Instagram network. Use your visibility to reach out to brands for photography opportunities. Keep your captions simple to hold people’s attention.

Building and maintaining a popular Instagram photography account takes time and effort, but it can lead to lots of business opportunities.

Writing Captions

Writing great captions for Instagram can make a big difference in how your photos are received. A clever or funny caption adds to the photo’s impact. Keep the caption informative but catchy, and explain the story behind the image.

Write in a conversational tone using present tense, as if talking to a friend. The caption’s style should fit the platform, and consider character limits. On Instagram, captions under 125 characters are the most readable.

Identify key people in the photo, and consider using a relevant quote or song lyrics. The caption should add value and not just state the obvious. Captions that create involvement and engage viewers often work best on social media.

Captions for Instagram take some thought, but the right one enhances your photo’s message. With practice, you’ll find it easy to write the best captions for your images.

Using Hashtags

Hashtags are a great way to get your photos seen by more people on Instagram. Using the right hashtags can help you reach a wider audience and gain more exposure for your work.

It’s important to use specific, niche hashtags rather than broad, popular ones. Your photos will get lost in the sea of content if you use hashtags with millions of posts. Instead, find hashtags that are relevant to your photography style and have an active, engaged community.

You can also create your own unique hashtags to stand out from the crowd. This allows you to build a community around your brand and feature your followers’ photos.

By using a mix of popular and niche hashtags, as well as your own branded hashtags, you can maximize your reach and engagement on Instagram with photography hashtags .

Profitable Photography Careers

If you’re looking for profitable photography careers, there are several options to consider. Stock photography is a great way to make money from your images. Capture photos that are in demand and submit them to stock agencies to create a steady income stream.

Travel photography is another option. You can sell your photos to magazines, newspapers, tour operators, and travel companies. Wedding photography can also be very profitable, especially during the summer months.

Other photography careers include commercial photography, editorial photography, product photography, photojournalism, fitness photography, and real estate photography. With hard work and dedication, you can turn your passion for photography into a successful career.

Check out the full article on photography careers to see which is best for your business model.

Stock Photography

Taking stock photos that sell requires capturing high-quality images that are in demand. Research current trends and plan your shoots around popular concepts like business, lifestyle, and outdoor activities. Use a shot list to ensure you capture all the angles and scenarios you need.

Edit your files and choose only the best images to sell. Add relevant keywords and descriptions so potential buyers can find them. You can sell your stock photos through agencies or market them yourself.

Learn more about how to take stock photos with our in-depth tutorial.

Travel Photography

Travel photography jobs can be an exciting and rewarding career path for those with a passion for photography and adventure. To succeed, you’ll need exceptional photography skills that set your work apart from the billions of travel photos uploaded daily.

Business skills are equally important, as you’ll need to market yourself effectively to find work.

Travel photography jobs can be physically demanding, requiring long hikes with heavy gear and the ability to handle challenging weather conditions. You may also face irregular sleep schedules and spend a lot of time alone or with strangers.

If you’re serious about pursuing travel photography jobs, having a strong online presence is essential. A professional website showcasing your portfolio, a blog to share your work and experiences, and active social media accounts can help you get noticed.

With hard work, diverse income streams like print sales, stock licensing, writing, and teaching, and a willingness to get creative, you can turn your love for travel and photography into a successful career.

Read our full post on travel photography jobs to start making money from your next adventure.

Commercial Photography

Commercial photography covers a wide range of niches, from fashion and product photos to food and architectural images. To succeed, you need to keep your network active, maintain a professional attitude, and ensure you’re shooting with the best gear.

Stay on top of the latest photography trends and develop your own distinct style to stand out. Be creative in your approach while still meeting the client’s needs.

Avoid rookie mistakes by continuing to learn and improve your skills. Build a strong portfolio showcasing your best work in different styles.

Always carry business cards and gather recommendations to attract new clients. When working with a client, communicate clearly to understand their requirements, provide an accurate quote, and discuss usage rights.

Commercial photography can be very rewarding if you’re willing to work hard. It can also be one of the most lucrative areas of professional photography, so it’s definitely worth considering.

Product Photography

Product photography is a broad field with many different specialties. From 360-degree shots to flat lays, there’s a type of product photography for every product and style.

Some popular types include Amazon product photography, which requires a white background and specific composition. Photographing artwork, clothing, furniture, and jewelry each has its own unique challenges and techniques to master.

Lifestyle product photography shows items in real-life scenarios to help customers imagine using the products themselves. Other niches like makeup, nail, and beer photography are growing in popularity for advertising and promotion.

To learn more about the various types of product photography , check out our detailed blog post.

Magazine Photographer

Becoming a magazine photographer takes hard work and dedication. Choose a specialty to stand out from other photographers. Ask friends to pose for practice shoots to get comfortable with your camera.

You don’t need expensive gear when starting out. Even entry-level mirrorless cameras with a prime lens are enough to create magazine-worthy images. Build a strong portfolio with at least 10 of your best photos that showcase your unique style.

Promote your work on Instagram to increase your reach. Study the photographs in magazines you want to work with to understand their style. Contact editors to introduce yourself and share your portfolio. To become a magazine photographer, you need to create work that is truly unique.

If you’d like to learn more about becoming a magazine photographer , we have a detailed guide that covers everything you need to know.

Internships

Photography internships offer students valuable work experience and a chance to fast-track their careers. Interning with a professional photographer or studio while studying can help you network and gain practical skills that you can’t get in the classroom.

During an internship, you’ll apply what you’ve learned to real-world situations and gain insight into the business side of photography. You may assist with lighting setups, post on social media, or help stylists on set.

The amount of hands-on shooting experience varies depending on the photographer and their niche.

Internships are a great way to evaluate your career goals and find gaps in your knowledge. While they may not lead to immediate employment, they can open doors for future opportunities.

To learn more about photography internships , including how to find one and what to expect, follow the link to the full article. 

How to Make Money as a Photographer

Transforming your photography hobby into a career takes effort, but there are many ways to make money with your skills. Finding reliable income streams is key to becoming a professional photographer.

You can sell your services as a photographer or sell the photos you create. Selling landscape photos, stock photography, and doing real estate photography are some of the best ways to get started. You can also sell prints online, offer Lightroom presets, or even turn your images into NFTs.

To be successful, research what subjects are in demand and plan your photo shoots around popular concepts. Build a strong portfolio of your best work to attract clients. If you’re passionate about photography and willing to put in the effort, you can turn it into a rewarding career.

To learn more about how to make money with photography , read the full article for helpful tips and strategies.

Sell Prints

Selling photography prints online is a great way to make extra money from your work. There are many platforms to choose from, each with its own strengths and weaknesses.

Squarespace is a popular website builder that works well on all devices. It’s easy to use but not made just for photographers.

Fine Art America is one of the biggest places to sell prints online. They let you sell more than just prints, like pillows and phone cases. But there is a lot of competition on the site.

Etsy is well-known for selling art and handmade items. It has over 30 million buyers. You are in charge of printing and shipping the prints yourself. If you want full control, selling prints on your own website is a good choice.

Plugins like Envira or platforms like Photoshelter, Format, Zenfolio, and SmugMug make it easy to sell prints from your site.

To sell photography prints with the most success, try using a mix of different platforms and methods.

Pricing Prints

Selling photography prints can be a great way to make money from your images. To get started, decide if you want to focus solely on selling prints or if you’ll also work as a photographer for specific clients.

Research what types of photos sell well as prints, such as beautiful landscapes, iconic cityscapes, and wildlife.

Choose only your best images to print. They should be technically perfect and have the most “value” to potential buyers. Consider various papers, sizes, finishes, and materials for your prints, but keep costs in mind.

Factor in all expenses like printing, shipping, VAT, and credit card fees. Then add a percentage markup for profit, but make sure the price is still reasonable. If a print doesn’t sell, you may need to reduce the price or accept that it might take a while.

Learn how to price photography prints by reading our in-depth article.

Real Estate Photography

Getting paid to take pictures of houses is a great way to turn your love of photography into a career. To get started, research your local market to find out what real estate photography jobs cost in your area.

You’ll also need to decide if you want to work with interior designers or real estate agents.

Create a basic website with sample images and your contact info. Plan out your real estate photography process, including a rate sheet, contract, delivery method, and how to wrap up a project.

Connecting with potential clients is key, so attend in-person social events, spread the word to family and friends, and use social media to showcase your work.

To get paid to take pictures of houses , focus on improving your skills and building a client list. With solid research, an efficient workflow, and visibility online and in person, you’ll soon have a steady flow of photo shoots.

Sell Lightroom Presets

Adobe Lightroom presets are a quick way to edit photos and achieve a specific look. If you have a knack for photo editing, you can create and sell your own Lightroom presets. Start by editing your photos to create a unique style that others will want to use.

Package your presets and price them competitively. Look at other preset packs to find a general price range, then price yours on the high side. You can always offer discounts or have a sale later.

Market your presets on social media platforms like Instagram. Post before and after photos to show the difference your presets can make. Emphasize how easy they are to use. Busy professional photographers will pay for quality presets that save them time.

Check out our full tutorial on how to sell Lightroom presets by clicking this link.

Popular Content

CAREER TIPS

How to Write a Photography Business Plan and Nail It

• Julia Ronen
• Jul 17, 2017

Photographers, designers, bloggers – as artistically inclined people, we are undoubtedly good at creating. Planning, on the other hand, well that’s not necessarily our forte. Unfortunately, a camera or a paintbrush is not exactly the best tool to help you build a successful business. However, in order to do what we love for a living (which is a great accomplishment in itself!), we have to master not only our trade but also the art of managing a small business. Luckily for you, creating a photography website has already been taken care of.

While it may appear intimidating in the beginning, with the right set of tools, you can grasp the hang of it pretty quickly. Just like any other new creative technique you acquired – all you need to succeed is the desire to learn.

This is where we would like to chip in our 5 cents to help our photographer friends take the first step in starting a photography business . Remember, behind every successful photographer is a well thought through business plan. Let us walk you through creating a photography business plan that will set your foot on the right path – the one that leads to success:

So… What is a business plan exactly?

To put it simply, a business plan is a guide that outlines your business’ goals and how you plan to achieve them. It’s created by the business owner on a yearly basis and serves as a reference for any managerial or financial question that may come up during the year. In case you plan to raise funds for your business or negotiate a loan from the bank, a concise photography business plan will make you look professional and sincere in all your intentions. On top of that, the plan will serve as a personal target to achieve, a reference to follow up on your accomplishments, and a guide on where you need to concentrate your efforts in order to do better next year.

With that being said, it doesn’t have to be as long as your exposure settings during night time. The document’s length is up to you, but the principle of “less is more” is a great guideline to start with. After all, you’re not building a groundbreaking start-up company in Silicon Valley, but a traditional photography business, that probably has a lot in common with other businesses in the field – so your readers will most likely know what to expect.

First – wait a second (or two)

Before getting down to some hands on calculations, there are a few things that need to be taken care of. The first of which being you – so take a deep breath (literally, it’s important!).

Now, you have some serious thinking (and writing) to do. In order to position yourself in the highly competitive world of commissioned photographers, you’ll need to define your services, target audience, and business goals. Is this sounding all too much? Not if you follow these steps:

Do some industry research

Do some groundwork on your competition, especially in the geographical area where you plan to operate:

What kind of services do they provide?

Does anything set them apart from the crowd?

What do their online assets look like ( photography website , Facebook business page , Instagram , 500px, etc.)?

How much do they charge? Do your best to find out by browsing their site or asking for an estimate.

What do their clients have to say about them? To find out, simply “Google” your competitors’ name and browse the reviews.

Identify your target audience

Your target audience are the people that are most likely to hire you. They will be the focus of all your marketing efforts. To identify your audience, try to think about the following questions: Who are your clients? What is their approximate age, marital status, income status, where do they live? What are their needs and how can you meet them? Why would they choose you over a competitor? The more information you have, the more accurate your marketing strategy will be.

Define your product and services

With that information in mind, you can start to develop your game plan. Try to define your product and services in the most detailed way possible. For example, if you’re a wedding photographer, there’s much more to your services than just wedding photo shoots. First, you probably provide your service in several differently priced packages. Secondly – you also have a physical product – the photo album, and perhaps a USB stick for the client: every item should be listed for budgeting purposes.

Find your niche

Everyone provides high-quality photos and services. Undoubtedly, you do too. So how will your photography business catch the eye of the tiger, e.g. potential clients? Based on the market research you did, try to come up with something that will set you apart from other photographers in your locale. It can be a unique photography style , a special photography package, a delicate personal touch , or any other exclusive idea your brainstorming session will produce. That “little something” that makes you different will be very useful in marketing your photography business.

Know thyself

As you make plans for the coming year, think of your strengths and weaknesses, and use both to leverage yourself. How? Well, strengths are obvious: for example, if you’re a people’s person, you’ll probably excel at marketing your services. As for weaknesses – set a goal to work on the ones you’d like to improve so that your business can benefit from it. For instance, you might consider yourself a technophobe when it comes to creating a photography website or promoting your business online. So one goal for the coming year could be improving your knowledge about online marketing terms , SEO for photographers , and everything you need to know in order to create a great photography website .

Set the right price

The price of your services is a key element, on which your entire photography business plan is based on. Remember the market research you ran four paragraphs ago? The price range of photography prices in your area should be your first indicator. You need to make sure that your final price is positioned within that scale according to your level of expertise.

On the other hand, your price needs to secure your monetary goals for the year. What amount of income do you plan to bring home? Is it a full-time job, or a side gig? How many sessions do you think you could secure per month? What is the price that can give you a net profit on top of your expenses and dedicated time? Bear in mind, that some questions can only be answered after you’ve earned some mileage as a professional photographer. In the meantime, here is a great reference to what photographers of different expertise levels charged in 2016 .

Set your goals

If the business plan serves as an orientation map through the year, then it must have a clear destination. Remember, a good “destination”, or objective, is an achievable one. The more defined and the more realistic, the better. When choosing a target, think of how you can measure its success. If it ain’t measurable, it ain’t pleasurable.

Now let’s get to business (plan)

Now that the theoretical part is done, it’s time to talk numbers. The purpose of this part is to understand the financial side of things, and mostly – to obtain your net profit. Here’s a step by step guide to calculating your earnings for the upcoming year:

01. Define your total sales per month . This includes both your booking fee and product sales. Think of the average amount of gigs you get per month, and multiply by the average amount of money you earn from each job.

02. Costs of sales per month – include all your expenses on getting the job done. This can include a second shooter, print lab fees, and average travel expenses to and from the event. Note that these are not your fixed costs (we’ll get to this below).

03. Time for gross profit ! ‘Total sales per month’ minus ‘costs of sales per month’ will give you this number.

04. To figure out your monthly net gain, calculate your general business expenses, i.e. fixed costs . These expenses are constant and do not add up per photo shoot. For example, they can include marketing expenses, accounting, equipment, hardware, and taxes. Definitely skip hosting and web-design fees, as you can easily make an impressive photography website for free! Divide the number you get by 12 – these are your fixed costs per month.

05. It’s the final countdown: your gross profit minus monthly fixed costs will generate your net profit .

About that net profit

If you’re just starting your business, take into consideration that many businesses take a year, sometimes more, to get out of a negative net profit. That means that you need to plan ahead and prepare some savings to survive that first year. If you end up having a nice net profit, you have two choices: keep it to yourself (that’s why you were doing this in the first place, right?) or invest it in the coming year to grow your business even further. A nice net profit will give you the option to do both, depending on your business goals of course.

That’s it, you’re ready to go. Good luck with the new exciting journey! Now that you have a detailed map, the road to success is clearly marked.

Related Posts

10 Photography Side Hustle Ideas to Monetize Your Online Presence

How to start a photography business: a beginner’s guide

How to Create a Photography Website in 10 Steps

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Photography, Hiking, Sculling and Digital Cinema

Jerry Pierce

BIOgraphy / CV

Jerry Pierce 12 years at SRI International (Stanford Research Institute) in Contract Research for Commercial and Government in laser disc, color printing, ink jet printing, non-destructive testing. 12 years at Universal Studios – Successful standardization and launch of DVD, Digital Cinema, and work in High Definition product launch. Continuing work in standardization for EST (Electronic Sell Through) and copy protection. 11 years as Technical Advisor for National Association of Theater Owners (NATO) 16+ years Intersociety Digital Cinema Forum (ISDCF) – Chairman For 12 years I worked “inside” a studio helping get new technologies and business models to market. During that time I was very instrumental in successfully navigating and promoting DVD, HDMI/HDCP, and Digital Cinema. It is not easy to successfully bring an entertainment technology to market. It takes careful navigation of many industries and individual personalities to make a success. My strength is in the approach to maximize the probability of success. Not all ideas will be successful. Better to know early the weaknesses and pitfalls of a product launch. It is better to plan a course of actions dealing with the rainmakers of Hollywood, Consumer Electronics, Consumers, and Computer Manufacturers. That is what I bring to the party – out of the box thinking, ability to strategize a product approach, ability to guide design of a product for industry acceptance. More of my time is enjoying the pastime of photography combined with backpacking and sculling. See my home site – jerrypierce.org – for documentation of those activities.