Week 3

Assignment 1: 250 word Obituary

2 Weekly screenshot of expenses

How did your meetings go? Groups? Common goals?

Determining your goals as a photographer for your business- Discussion

• Who are your clients/who's going to pay you?
• How to budget - how much money will your business need to bring in

What am I tracking

• Begin discussion of taxes and what you can “write off”
• Students will be able to determine what they can expense, the importance of keeping
• receipts and records of expenses
• Standard deductions

Intro to Pricing and Estimating - Flat Fee estimate

video

Introduction to a flat fee job - a set amount of payment from the client to determine your fee, minus expenses.

• planning a shoot (make a list of things you might need)
• scouting
• sketching ideas
• researching on subject and client (what are kinds of jobs we could be doing)
• flat fee jobs vs. fee plus expenses jobs
• Work for hire vs licensing? (how is this changing right now)
• Photographers who rent their own equipment

Art Pricing:

• Unique Item vs Edition, vs As many as possible
• Painting vs Paper vs Sculpture vs Photo
• What gallery do you show at? What is the split? Why?
• How big is the work
• Residuals? WTF
• Auction record?

• Read chapter 1 and 2 in Professional Business Practices in Photo (it's in handouts)
• Determine your DCODB
• Continue week 2 of expense tracking (put in categories that make sense)