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Budgets

 

One of the most common failings of would-be professional photographers is the failure to build into their prices fixed costs, depreciation and other costs such as insurance and repairs. As a result, they often set prices that are unrealistic and too low thereby undermining the market. Such photographers are commonly referred to as ‘back yarders' and are generally held in low regard by professional photographers.

 

Item

Value

% Dep

Annual cost

Photographic equipment

 

 

 

Photo Gear Insurance

 

 

 

Premises

 

 

 

Telephone, fax, email

 

 

 

Vehicle

 

 

 

Assistant

 

 

 

Stationery

 

 

 

Film, processing

 

 

 

Repairs

 

 

 

Computer equipment, software, upgrades

 

 

 

Training

 

 

 

Public liability

 

 

 

Workers compensation