Comments on: Cash flow – 7 steps to check http://www.prophotonut.com/2008/09/06/cash-flow-6-steps-to-check/ Creative resources for all pro photographers Mon, 06 Feb 2012 22:31:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: damien http://www.prophotonut.com/2008/09/06/cash-flow-6-steps-to-check/comment-page-1/#comment-5530 damien Sat, 14 Aug 2010 09:37:19 +0000 http://www.prophotonut.com/?p=538#comment-5530 Hi Michael, Big 30x40 (inches) frames of wedding pictures are not what my clients want to put on their walls, thank god. Life and wedding photography has moved on. It needed to. Regards, Damien. Hi Michael,

Big 30×40 (inches) frames of wedding pictures are not what my clients want to put on their walls, thank god. Life and wedding photography has moved on. It needed to.

Regards, Damien.

]]> By: Michael McGrath http://www.prophotonut.com/2008/09/06/cash-flow-6-steps-to-check/comment-page-1/#comment-5477 Michael McGrath Sat, 24 Jul 2010 23:43:20 +0000 http://www.prophotonut.com/?p=538#comment-5477 AND , there are old photographers like me who do not actually want immediate assignments , and especially not weddings ! But I'm keeping my hand in in the present climate just in case the country goes bust and I am forced to shoot assignments if the pension goes down shit creek with everything else . And never fall out with us , never think you're better than that old film Pro with his Rollei , you're not , in twenty years , maybe ten , you might be if you have the right attitude . Weddings ? First learn to shhot & process film , duplicate every important shot on MF , aboiut a dozen of them in all , just one roll . Carry another MF loaded with B & W . You WILL sell from those afterwards , plus a handsomely framed 30X40 , signed , on the wall of the newly weds home . Now just how much business will you gain from that down through the years ??? I don't think that the new DigiKids on the block have thought out just what the successful merging of digital and film can do for your business . Huge B&W film Blow Ups of the Happy Couple ? Making a fabulous reputation ! And judging from his film shots that I have seen here , and his life experience, perhaps the Lovegroves could consider teaching that ? AND , there are old photographers like me who do not actually want immediate assignments , and especially not weddings !
But I’m keeping my hand in in the present climate just in case the country goes bust and I am forced to shoot assignments if the pension goes down shit creek with everything else .

And never fall out with us , never think you’re better than that old film Pro with his Rollei , you’re not , in twenty years , maybe ten , you might be if you have the right attitude .

Weddings ? First learn to shhot & process film , duplicate every important shot on MF , aboiut a dozen of them in all , just one roll .
Carry another MF loaded with B & W .

You WILL sell from those afterwards , plus a handsomely framed 30X40 , signed , on the wall of the newly weds home .

Now just how much business will you gain from that down through the years ???

I don’t think that the new DigiKids on the block have thought out just what the successful merging of digital and film can do for your business .

Huge B&W film Blow Ups of the Happy Couple ? Making a fabulous reputation !

And judging from his film shots that I have seen here , and his life experience, perhaps the Lovegroves could consider teaching that ?

]]> By: Richard King http://www.prophotonut.com/2008/09/06/cash-flow-6-steps-to-check/comment-page-1/#comment-5112 Richard King Sun, 30 May 2010 11:03:01 +0000 http://www.prophotonut.com/?p=538#comment-5112 We switched around the way we did this a few years ago, and implemented a 1/3 1/3 1/3 system 1/3 on booking, 1/3 3 mons before, and 1/3 1 month before. The key phrase here is "booking fee" meaning non-refundable. The closer the wedding gets, the more finacially commited the customer gets. (and the harder it is for you as the photographer to re-book) The 1/3 1/3 1/3 system is a tremendous aid to forwards forcasting too There is a UK tax benefit. The fees paid dont need to be appied against tax untill the work is done (on the wedidng day) With bookings 1.5 years in advance, this can easily cover 2 tax years We switched around the way we did this a few years ago, and implemented a 1/3 1/3 1/3 system

1/3 on booking, 1/3 3 mons before, and 1/3 1 month before. The key phrase here is “booking fee” meaning non-refundable. The closer the wedding gets, the more finacially commited the customer gets. (and the harder it is for you as the photographer to re-book)

The 1/3 1/3 1/3 system is a tremendous aid to forwards forcasting too

There is a UK tax benefit. The fees paid dont need to be appied against tax untill the work is done (on the wedidng day) With bookings 1.5 years in advance, this can easily cover 2 tax years

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