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Be Part of the RESOLUTION: Gene has some great tips lined up, but we’re always eager to hear what you’d like to know more about. Leave your questions in the comments (with a link to your website, of course) and Gene will be happy to respond.
The problem with this whole blog thing is that lots of great stories get pushed off the page every day and ends up in our growing archives. If you haven’t checked out the categories along the left side of RESOLVE, we think it will be worth your time.
We also know that sometimes you just want to click and not wander, so we’re going to pick some gems from our past posts and throw them back up for your enjoyment every week or so — starting today. This one is the first of several posts from Jasmine DeFoore at Redux Pictures about getting editorial representation and getting the most out of it. Click below to read the original story; her later posts are linked in the intro.
Setting aside the technical skills, the perfect portfolio, the eye, the heart, and the soul that are all so important if you’re going to be a photographer, let’s focus on what you’ll need to be a financially independent photographer. That means setting up a well-organized small business operation that can support your creative endeavors. And the first thing to consider with a business — before the branding, marketing, or anything — is the money. Where will it come from, where will it go, and how much will you need at what times. Whether you’re thinking about launching your first business or already have one, the following information will help you stay solvent and sane.
First, make a plan
The most important thing to do when you’re creating (or updating) a business is to create a business plan. Even something simple will help, and you can find them all over the internet. Basically, you want to create a projection of your cash flow over your next five years. Where is the income coming from? What will your expenses be? How are these both likely to change over the years? Who is your competition?
I know it’s hard to make yourself sit down and do this; I didn’t when I first started and eventually things turned out ok — but I learned some hard lessons. When I finally made a plan, all my decisions were based on my defined goals. I could measure my progress and thereby gained tremendous control over my life and career. The following suggestions will ideally become part of your larger business plan, but they can also be helpful taken on their own.
What kind of business are you?
You’ll need to decide if you want to set up a sole proprietorship, a general (or C) corporation, an S corporation, or a limited liability corporation (LLC). To decide which is right for you, you’ll need to consult with a lawyer, and he’s probably going to want to see a business plan. If a lawyer isn’t an option, there is good information online and at the library, but also consider finding a business-savvy friend to lend their advice.
Yes, you need to learn bookkeeping
It’s best to handle bookkeeping yourself at first, so when you start to grow and hire a real bookkeeper you’ll understand what they are doing and can direct them. Google “bookkeeping” or find a simple text book. Buy Quickbooks or a similar software and read the manual — it’s a pretty good tutorial. Make a Chart of Accounts: a list of income and expense accounts allowing you to track monies flowing in and out. Expense accounts are divided by expenses required to do business, known as Cost of Good Sold, which include anything you spend on production, and Fixed Expenses, which include things that are regular overhead costs like studio rent, insurance, payroll and telephone.
Set up a file cabinet with folders for corresponding expense accounts to keep the paid bills. Once that’s done, create your first projected budget, which will include your best guesses on income and expenses. As you enter the actual expenses and income and review that information, you will really start to learn what small business is all about.
Make reports for Accounts Receivable and Accounts Payable, and set up alerts for when they are 30, 60, and 90 days old. It’s so important to establish a routine where you review your bills and reports on a regular basis so you know what is happening with your business every day. For instance, you should be checking your A/R to determine which are older than 30 days so you can follow up for collection. Never, ever be late on credit-reporting vendors like credit cards.
Make your computer work for you
You’ll also need software to help you run your business. I’ve always used a customized version of Filemaker that incorporates a number of subset databases such as a contact manager and an estimating and billing module. Usually the invoices are then entered by hand into our bookkeeping software, but there are some programs that have bookkeeping built in. And some bookkeeping software such as Quickbooks allow you to make invoices.
If you can find a very cheap standalone program that does everything, great. Otherwise, I recommend keeping it simple with Quickbooks for invoicing and bill paying. Set aside a clear place for incoming bills (some people like an accordion folder), and schedule a time every two weeks where you enter all the bills into Quickbooks. I’ve been told I’m crazy for this, but I also created a spreadsheet in Excell where I can export my important data in a special format that allows me to analyze it more easily. Details on my blog. Once a month you will also need to reconcile your bank accounts. This is not as horrible as it sounds. I have found online banking to be pretty good now, and often bank systems will link directly to Quickbooks.
Where is the money?
Your biggest problem starting out will be cash flow. It’s important to get paid quickly for your first jobs, to pay your vendors quickly so you don’t damage your credit, and always pay yourself first. The temptation is to keep funneling cash back into the business, but if you don’t pull out money for yourself and your retirement from day one, you never will. Incorporate Paychex and put yourself on payroll. Make sure your paycheck includes enough for savings and auto-deduct to an IRA.
Because cash flow is hard at first, you should have enough saved up to cover your overhead, including projected taxes, savings, and marketing costs, for six months, or at least three if you are super-confident. On a regular basis, look at your bank balance and calculate if you’ll have enough to pay your vendors over the next two months — remember that “The check’s in the mail” is ALWAYS a lie. Try to set up accounts with your main vendors that allow you to pay up to 30 days out. If you are really tight, call your vendors and negotiate for more time. It’s better to stay in close contact with them about problems, with a note, a call, a bottle of wine…
Find a good accountant
Finally, you need an accountant who understands all the ins and outs of photography in case you get audited. It may seem unlikely, but I’ve been audited four times and it all went very well because I always report my income. I believe in paying my share to keep the system going, however imperfect. Taxes suck — get over it. It’s a sign you are making a living and that’s a good thing.
Miki Johnson: Why is this such an exciting time for photo books?
Darius Himes: Books are amazing vehicles that have been with humans for millennia and have a fascinating history as objects of beauty, as well as conveyors of ideas. Books are also physical objects with a rich history of scripts, fonts, inks, papers, bindings and photographic reproduction techniques. For centuries, however, these skills and literacy itself was held by “the few.” Only in the last century have we seen a marked increase in the amount of printed material available. And when it comes to photography books, the print-on-demand phenomenon has truly transformed the landscape. Literally anyone has the capacity and the access to publish a book of images.
MJ: Now that anyone can make a book, it seems even more important for a photographer to establish their goals for a book before they begin assembling it.
DH: Setting out with a clear purpose is crucial to any endeavor. Photographers are creating books for a wide range of uses, from leave-behind portfolio pieces intended solely to garner assignments, all the way to conceiving and creating mass market books on any number of subjects.
MJ: Is this why the Photography.Book.Now contest has three separate categories?
DH: Yes. The three categories of this years’ contest are designed to let photographers approach the idea of a “photography book” from three different angles. The fine-art category is extremely broad and the most subjective. Photographers and photo-based artists can do whatever they want to produce their book. Often, these books are made by practicing artists and have little regard for communicating a specific narrative to a large audience.
Editorial photography, the second category, is a different animal. But let me state something at the outset: I’m not interested in, or trying to stoke the debate about, what constitutes “art” photography. Anything done well is done artfully. If it serves the goals that one sets out with, then “art” has been employed. I don’t want anyone to think that any of the three categories don’t somehow employ art or doesn’t constitute artfully done work.
Editorial and commercial photographers often serve patrons other than themselves; this the a big distinction. So, an editorial photographer assigned to cover a story may find themselves with a much larger body of work than will ever get published in a magazine. Likewise, a commercial shooter might have photographic skills that can be translated into a “commercial” book project; publishers also conceive of book projects in-house and then commission commercial photographers for the book.
Perhaps some concrete examples would help. This new book from Princeton Architectural Press—Bamboo Fences, by Isao Yoshikawa and Osamu Suzuki — is a great example of a commercial book project. It’s about a very specific subject — bamboo fence building in Japan — and the photographs by Suzuki perfectly illustrate the work. It’s primarily a photobook, but is supplemented by the text. Here’s another example: Bird, by Andrew Zuckerman. It has a specific subject matter artfully photographed by a commercial photographer. The publisher, Chronicle Books, probably hopes the audience for this book — and by that I mean ultimate sales for the book — will be upwards of 50,000+.
Two examples of books that have a broad “trade” appeal, but which are not “commercial” books like the ones above, are Jonah Frank’s Right, Portraits from the Evangelical Ivy League (Chronicle Books), and Articles of Faith by Dave Jordano (Center for American Places). In my mind, both of these books probably stemmed from assignments that blossomed into the book-length projects we see in the stores. Both have more of a storytelling quality to them than either Bamboo Fences or Bird. In that sense, they come out of a “documentary” tradition, but are presented in an appealing way to as broad an audience as possible.
MJ: What uses does a self-published book lend itself to? Do photographers use them to collect images that didn’t warrant prints? Or as an alternative for a portfolio? Or a leave-behind? Or a family gift?
DH: All of the things you mention, I’ve seen. I’ve also seen photographers use the self-publishing, print-on-demand technology to create “limited run” books. Photographer Andrew Phelps took a small body of work called Baghdad Suite and issued a self-published, print-on-demand book of only 100 copies, which sold out rather quickly. It’s a great idea to use this technology to disseminate a body of work that is either small, in terms of number of images, or limited, in terms of it’s appeal or audience.
MJ: In your eyes, what makes a photo book great?
DH: From John Gossage, as quoted in The Photobook: A History, Volume 1 (Phaidon, 2004): “Firstly, it should contain great work. Secondly, it should make that work function as a concise world within the book itself. Thirdly, it should have a design that complements what is being dealt with. And finally, it should deal with content that sustains an ongoing interest.”
When you’re making a book for a broader audience, think like a publisher. Visit publisher websites, read the catalog copy, and craft your book the way they craft their books. Every publisher approaches things differently. If you consistently like books from one publisher, really study how they put together a book. A book from Princeton Architectural Press is quite different from a book by Radius Books. In other words, learn from those already in the field.
Often photographers, naturally so, get wrapped up in the individual images and either lose sight of the overall picture and purpose of the book, or they simply never arrive at an overall picture, and the book lacks focus.
And don’t forget that a book is not just a bunch of CMYK printed images sandwiched between two boards. Text and titles, fonts and captions, of course editing and sequencing, as well as how the image sits on the page-spread and what it is placed next to — all of these little elements can make or break a book.
MJ: Do you have an example of a self-published book that has been very successful?
DH: The most famous example is Alec Soth. In 2003, Alec came to Review Santa Fe, an annual portfolio review event, looking for exposure and a publisher for a body of work titled Sleeping by the Mississippi. What we all know is that, after the exposure he received there — he won the Santa Fe Prize that year — his small print-on-demand book made it into the hands of Steidl, where it has now entered it’s third printing. Alec received huge recognition for his work in the intervening years and is now part of the prestigious Magnum agency. Martin Parr and Gerry Badger included Alec’s handmade book in Volume 2 of their seminal survey of photography books, The Photobook: A History (Phaidon).
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