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Get an EIN for Your Photography Business If you're a sole proprietor, you can skip this step. If you go the LLC route, you will need an EIN (employer identification number) for the IRS. Luckily, this process is fast, easy, and free. Simply apply online with the IRS.
From tax purposes all the way to protecting your business, you need to choose which one works best for you. For a lot of photographers, being a sole proprietorship is totally fine, especially at first. For some ? especially if you hire help ? you may want to look into becoming an LLC or a S-Corp.
Invest in the proper photography equipment Camera(s) Lenses. Tripod(s) Flashes. Lighting fixtures. Backdrops. Photo editing software (think: Photoshop, Lightroom) Memory cards and hard drives.
Table of Contents: show Find your niche for your photography business. Determine your ideal client. Build a portfolio. Get business licenses & permits. Use this checklist. Track your expenses. Set up your pricing structure. Develop a photography business plan. Create a marketing strategy. Establish a workflow.
Things to include: An overview of the market as a whole. A description of your photography specialism and where you fit into the wider industry. An overview of your target market, including their demographic and psychographic groups. A competitor analysis that identifies other photography businesses in your region.