What You Need When Starting a Photography Business
Do you have what it takes to be your own boss? Maybe you have been thinking long and hard about finding the kind of work that you would enjoy while paying your bills. These two do not have to be mutually exclusive. Most importantly, you can put your creativity to good use. Starting a photography business has already paid off big for many Mag-nificent franchisees. Here is what you need to consider before jumping in.
Entrepreneurial Mindset
You want to be your own boss. You are a hard worker, but want to focus your efforts on growing your own business rather than someone else’s. Maybe you are already in the event services field. Because you have plenty of connections and enjoy yourself, you want to add a new specialty that further sets you apart from the competition. Choosing to own and operate a franchise might be exactly what you are looking for. But how do you choose? We recommend partnering with a company that will set you up for success and Mag-nificent does just that.
Good-Quality Leads
You want to have a large pool of prospective clients. Many photographers have to go it alone when trying to break into the market. Mag-nificent puts the power of its brand recognition behind you. In addition to their professional sales and marketing support, you receive a protected marketing area.
It opens up a prospective customer base of up to 500,000 people. You can even choose to have a larger area to work with. Within this setup, you have access to corporate and private consumers.
State-of-the-Art Training
Mag-nificent wants you to succeed. When you do well, the brand does well. For this reason, it has put together a comprehensive training program that is as relevant for the first-time photographer as the pro who has been taking pictures for years. To take the training one step further, you’ll get onsite help during your first event, sales support, and a marketing launch campaign that the company develops for you.
Financial Decision-Making
Mag-nificent lets you choose whether you want to become a part-time or full-time entrepreneur. There is no quota to meet. Rather, the brand puts you in the driver’s seat of financial success. Most importantly, there is a price structure in place that offers you guidance on what to charge.
That said, you do not have to follow this structure if you read your market conditions differently. Rely on the expertise of the pros who put together the price system or develop your own. Only you know what the market will bear. Similarly, you have a firm pulse on the local economy and can increase or decrease price points selectively as you see fit.
What You Do Not Need
In most private settings, you need an extensive portfolio that persuades prospective clients to hire you. This means that you spend months – in some cases years – on building this portfolio. During this process, you receive very little income. Also, building your brand means that you are in direct competition with others who are in the same boat.
Mag-nificent eliminates this labor-intensive process. With the backing of a national brand, you do not need a portfolio. You shave time and money off the entrepreneurial process. Furthermore, you do not have to outmaneuver competitors. Your marketing area is yours.
Starting a photography business has never been easier. Download our opportunity summary here and contact Mag-nificent today to learn more and get started!
