There’s no way around it – life has suddenly become very expensive! We’re all feeling the pinch of inflation and the massive hikes in food and fuel costs. These not only affect the running costs of our homes but also our businesses and photography too.
When it comes to running a photography business we understand that each business differs and will incur different costs. Our tips aren’t written for any particular type of photographer but are aimed to help ease some of the financial burdens that most photographers come across at some point.
We would also recommend that each year you look at increasing your fees and rates if you haven’t already done so to ensure they are going up with the rate of inflation. Normally inflation would only increase around 1-2% a year whereas this year it’s been unprecedented! Although it can feel overwhelming having to inform regular clients that your prices are changing they will fully understand that it is a necessity that everyone has to implement.
Buy secondhand
There is an incredible and massive secondhand market for digital camera equipment ranging from cameras, lights and tripods to lenses. But a word of warning when buying secondhand – only do so from a trusted dealer. We advise staying clear of marketplaces like eBay where you can’t check equipment before purchasing and always check to see if the equipment you are buying comes with a warranty. Be wary – if a deal seems too good to be true, it probably is!
This story is from the Issue 257 edition of Digital Photographer.
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This story is from the Issue 257 edition of Digital Photographer.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
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