Watch: Determining Your Cost of Doing Business
As you expand and manage your photography business, money matters become an ever-more pressing concern. How are your costs being calculated, and which priorities should take precedence as you acquire equipment and serve clients?
Greg Smith, an ASMP Colorado and former NPPA board member, shared his expertise and provided some great tips for spending your money wisely on photography businesses.
View this on-demand recording below and gain knowledge:
How to calculate costs, with some quick figures to help get you started, including tips for how to adjust costs and income sources as needed, how to use NPPA’s Cost of Doing Business Calculator, pricing strategies for profit maximization.