Although we have mention Advantages and Disadvantage of Starting Your Own Photography Business in our previous article title, make Money as a photographer. Still, in this article, we will illustrate in details. All we know that everything has advantages and disadvantages. So before Work in the photography business, you need to know all aspects of the photography business. Photography is one of the highest-earning profession and for creating people.
Table of Contents
Advantages of Starting Your Own Photography Business
First, we will discuss the advantages of starting a photography business in details. Here we are trying to cover all possible benefits in the least number of points. If we miss any advantages that you know, then please comment us.
Make Money While doing what you love.
All we know that, for getting success, we have passion for our profession. If you love to do photography, photography is your hobby, and you can earn huge profits. Photography is a creative business; you will enjoy your works and make money while enjoying your Work. As a photography business, your potential customers are News channel, magazines, travel agencies, products base companies, YouTubers and bloggers.
Besides the photography business, you can earn money from your others hobbies also, and for more, you can visit “Top 50 Hobbies That Make Money Online and Offline“.
Find/Give meaning to your Work.
If you don’t love your Work, then there is no meaning to work. And photography can give sense to clients also by capturing their special moments live wedding, parties, family portraits etc. It is inspiring to work with more dedication if we know your works added meaning to others life.
Flexibility in Working Hour
Most of us frustrating by our 10 to 5 fix schedule jobs. We need such flexible time jobs, which gives us time freedom. In the photography business, we can make our schedule on any projects timeframe. Work on flexible timing gives us sufficient time to spend with family and friends. Even we can fulfil our other hobbies along with the photography profession. If you work under others, then you need to report your boss at any time they want. But in the photography business, you can deal with your clients, take projects, use your deal time and submit to your clients.
Get Financial Freedom
For getting financial freedom in any fields, you need to work on your plan. Work for others (jobs) means earn Money for others and get a small commission. But as a business owner, you can manage all your finance yourself and hire people who work for you. You can implement a new idea in your photography business only if you get financial freedom. But consider this, business is your, and profit is your, and loss is also yours, so there is a chance of financial risk along with financial freedom. Here I am not demotivating you but only show you another aspect of financial independence.
Hassle-Free Jobs
As I already told you that, in your photography business, you do not need to work as traditional jobs ( 9 to 5). You can manage your time, make your schedule and work on your plan within the project’s timeframe. Own flexible working schedule makes photography business Hassle-free Jobs.
Be Your Boss
Become your boss sounds good. Start your own photography business, and you can work with a flexible schedule, get financial freedom, and flow your plan; all these facilities make your boss.
Opportunity to Visit New Places and more.
In the photography profession, you have too many travel opportunities. If you are an event photographer, you need to visit clients location like wedding location, birthday location, concert location and many more. And if you are a wildlife or travel photographer, you need to visit different places all over the Work for your best shot. Almost all fields of photography need somehow travelling to other location for the photoshoot.
Disadvantages of Starting Your Own Photography Business
While discussing on Advantages and Disadvantage of Starting Your Own Photography Business; After talking about some advantages of starting a photography business, now we will discuss its disadvantages.
Huge initial investment
Initially, it is a little expensive to set up Photography business equipment. As a business, you need to invest in all necessary photography equipment. Initially, you don’t need all of these, but you need some tools while completing projects as per your client’s requirements. For future requirements, you need to stand by; otherwise, your customer may contact others for services. Along with equipment, you need to set up your business outlets like offline office and online websites; all these also added cost on your business starting.
Challenging to Make long term customer
Initially, it isn’t easy to get projects, and some customers are unsatisfactory, it is difficult to satisfy some customers. Some customers are fickle and changing service provider frequently. Sometimes, it is too difficult to manage some clients, affecting your company service portfolio and getting future projects from the same clients and clients connected to them.
Unsocial Working Hours
In starting phase, you need to work even on Weekends also or even on holidays. Such working hours affects your personal and family time and makes you unsocial towards your family and friends. But if you want to establish your photography business, you need to sacrifice your social time and run on projects.
Inconsistent Income
In the initial phase, your business is small, you have little or almost no clients, so there is very low or almost no earning. And after some time, when your business establish and known among your targeted clients, you may get projects. But the frequency of getting project is not fixed, which leads you to earn inconsistent incomes.
Conclusion
In conclusion of Advantages and Disadvantage of Starting Your Own Photography Business, we can conclude that every business has pros and cons. So, before starting any business, we need to studies all possible advantage and disadvantage of this business. This will helps us to prepare for future issue/problems in business. If you have any queries or confusion on the advantages and disadvantages of starting your own photography business, please comment on us. If you want to start your business and are willing to read the article related to business, visit Dip Koirala Business Notebook.
