moonraker5:Hi Gang.
I am a bit skint at the moment and i also fancy a bit of a challenge. I have been intrested in photgraphy for about 5 years and it's been a great hobby especially as the kids grow up. I have been mainly intrested in childrens portraits and its grown from there.
I fancy a go at a bit of part time studio childrens portraits. i have shown a few to friends and family, those at work are impressed and think that i should give it a try and all are willing to pay for what they see. Its very encouraging.
i have a basic setup at the moment ( Nikon D50 few lenses) so it will been me investing in about £1800 for studio lights, better camera and background support / paper roll. This will be great for portablw work ( there are a few clubs that would also like me photograph dancers) etc. I also have a friend with a basic studio in her home and will let me use this if needed.
Thasi will just be a way of making a few bob as i have a full time job and i thought the photgraphy would be somewhat flexible around me.
Any adivce greatfully recieved !!!!
Hi
just done something similar, but that resulted in setting up my own business,along side my hectic day job, this was the advice I was given, which I have taken. I will caveate this with i am not an expert, but this is what i was told to do, it may not even be a complete list, was told buy accountants etc. The most important was number 1, 5 and 6
![Smile [:)]](/emoticons/emotion-1.gif)
1) decalre your self to the tax man as a sole trader, this will avoid any nasty hefty fines if you havent done so. This means you may have to pay NI. Its easy to do, a couple of forms.
2) open a business bank account, costs nothing, Barclays gave me all this software including digital back up and accounting software for 20 quid a month
3) keep all your receipts
4) create a brand and letter headings
5) You will need seperate camera and liability insurance, as this is now a business your contents insurer wont cover your camera gear, this was about 500 quid a year. Liability is key. You will need to notify your insurere that you have seperate cover
6) have lots of fun!!!
It may seem daunting, but it was ok, once you get into it.
Good luck, and congratulations. Feel free to send me a private mesaage if you want to.
Keith
www.milkfrog.com