Showing posts with label Advanced Business. Show all posts
Showing posts with label Advanced Business. Show all posts

Monday, January 25, 2010

On Commercial Photographers - Everything Is Relative

Anytime people get together to focus attention on the critical matter of the business aspects of photography, even when they are misguided, I applaud it. I applaud even the misguided discussions because someone will come out and get it right, and others will alteast spend some of their otherwise mis-focused thoughts on business for a change, and eventually, they'll get it right.

It is to that end that I applaud Rob Haggart's A Photo Editor, who poses the important question - How Much Money Do Commercial Photographers Make?

And I thought I'd take and make commentary on much of what was said, correctly, or incorrectly.

"One commercial photographer told me he was bringing in $250,000 in profits and another said he has several million in billings."

This is a loaded statement, because someone could have $250k in profits and next to no expenses in a number of circumstances. Further, someone could have several million in billings and be running at a deficit.

Monday, December 28, 2009

Charitable Giving - Do's, Don'ts, And Cautions

Charitable Giving is a cornerstone of a compassionate citizenry. Yet, it's very important that you know what you can, and can't give, and how to best give.

First - legally, if you designate a specific disaster (for example, Haitian relief) the organization is obligated to spend those funds on Haiti only. Guess what? In a few weeks, there will be another disaster, and if the organization recieves an excess amount of funds earmarked for one disaster - so much so that they can't spend it (guess what - this happens a lot!) they can't transfer those funds to other needs, so don't earmark your donation for a specific incident, let the charity manage their funds as they best can.

Second - your time is NOT a tax-deductible donation. Even if you have an hourly rate of $100, or a rate for an assignment for a charity documentary project of $750 for each day you are doing that type of documentary work, you cannot donate your services and take a deduction for that. If you incur airfare/hotel/food/shooting expenses during the trip, those you can deduct. (For more information on what is, and is NOT deductible, check out IRS Publication 526 - page 6 is where is says "You cannot deduct as a charitable contribution - 4. The value of your time or services,...")
(Continued after the Jump)

Friday, November 27, 2009

PhotoShelter - Advice For The AfterStaff Circumstance

The good folks over at PhotoShelter called the other day to ask what 10 things a current staffer should do to prepare for their inevitable "switch" to freelance, and also the 10 things a newfound freelancer from the "Staff World" should do, so I gave them a few ideas, contemplated after a long spell in the shower, and I encourage you to head over there to check them out -

THE 10 THINGS ALL STAFF PHOTOGRAPHERS
MUST DO RIGHT NOW


This advice applies if you are:


1. A freelancer welcoming the former staffer now newfound freelancer into your community (help them and welcome them, dammit, don't be a selfish jerk)

2. A staffer who thinks your staff job is safe (it's not - REALLY, IT'S NOT)

3. A staffer who just was forcibly "switched" to freelance by your (now former) employer

4. The spouse or partner of a freelancer who is now worried about healthcare, rent/mortgage, and small things like where the next meal is coming from, and wants to know how to kick their freelance spouse back into gear and out of their malaise, and otherwise help.



So, go read, and be enlightened, and be thoughtful - it's a good thing for your karma.