So you’re really good at photography and you decide you want to make that your career by opening a photography business. You are probably wondering what exactly the “risks” of making the move would be, right? Well, here are a few to think about! Of course, if you’re like many of our talented professional photographer clients, you’ll soon learn that the reward far outweighs the risks!
- Photographers tend to have more variable income. Depending what your specialty is you may have stronger seasons and weaker seasons. For example if you photograph events, you might be getting heavy business during graduation and wedding seasons, but less business during winter.
- A lot of photography jobs tend to be one time things so finding clients consistently can be hard. However, it is totally dependent on what type of photography you do.
- Because you are taking photos that other people are going to find appealing you may face more issues with copyright. You can pursue legal protection, but this can get expensive and timely.
- If something comes up that causes you to not be able to photograph an event, your client can hold you legally liable. However, this risk can be covered with liability insurance.
Risks come with the territory of owning any type of business… but you don’t have to put your personal finances on the line! Securing the right photography insurance (ahem, did we mention we offer that?) will allow you to protect your assets and financial future…. call us today at 678.822.0150!
Also, don’t let US tell you we are “the best”- check out our REAL customer reviews on our Google+ or Facebook Page: facebook.com/photographyinsurance
Kemp, Samantha. “Risks of Owning a Photography Business.” Small Business. N.p., n.d. Web. 20 July 2015.Filed Under: Blog