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Managing Your Business Income

Managing Your Business Income

When it comes to managing your business, income can be a tricky thing to master. Some of you may have heard others make comments such as “I keep everything in my business account and then when I need to pay for something, like my mortgage, I transfer the money.” Or perhaps; “I just booked a wedding, so there’s another deposit I can use this month.” 

There are two problems with these statements:

  1. Your “Business” and “Personal” earnings should be kept separate.
  2. Deposits are for future events. Not income…yet!

Here are two tips to solve these two issues.

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Working With A Second Shooter

Working With A Second Shooter

Happy Monday everyone! As the first daffodils start to rear their heads we can’t help but turn our minds to spring. And what does spring mean? The start of wedding season. It has now become popular amongst wedding photographers to work with a second photographer, also known as a ‘second shooter’, at almost every wedding they photograph. So is working with a second shooter for you? And how should you handle working together?

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Why You Should Share Your Images With Vendors?

As a wedding or event photographer, you have an amazing opportunity to use your skills and talent to help other business owners. Every business, regardless of industry or size, needs professional images. On a wedding day or at a corporate event there are dozens of vendors who have played a role. Often vendors take a few images of their hard work themselves, either with a basic camera or a phone but their images couldn’t match the quality yours could provide for them.

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It’s Business, It’s Okay To Make Money!

Hello good people! We wanted to have a chat about pricing your services. In the office earlier today we were talking about the dilemma that many small businesses face when it comes to pricing their services – price too low and you can’t make ends meet but price too high and you risk scaring potential clients off. You’re also faced with difficult questions such as will you charge by the hour or per project? Will you require a deposit? And should you put your prices on your site? So we’ve created a super simple pricing formula to help you out in a tough spot.

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