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Business Management

 Factors to consider when costing the shoot

  • Time- Cost compared to others/ shooting/ editing/ travel/ meeting/ planning
  • Assistant needed ?
  • Travel- bags, fuel, distance
  • Equipment rental if needed- cameras, lighting, lens, props, tripods, memory card, laptop
  • Studio
  • Food and drink, hotel
  • Stylist/ hair/ makeup
  • Post production
  • Ownership/license of images
  • Output/ printing
  • Business/ tax status/ insurance

Notes

  • Local photographer- £99 per hour- headshots, personal use
  • Cost of running + Cost of goods + Cost of time and Labour + Profit + Taxes = Pricing
  • More control by the client = higher price
  • Travel- Train = Ipswich- Liverpool Street
  • Set up = 30 minutes- hour
  • Two assistants- Train cost £137 each
  • Shooting- 45min Max per person- 9 people
  • Tube- £6- Liverpool Street- Canary Wharf
  • 8 hours total
  • Equipment rental- Macbook, medium format camera, necessary post production software, Tripod, reflectors, battery packs, location permission, light cone profoto and speal light stash
Costs

  • Camera- £175 per day- 3 days- WEX
  • Lens- 110mm portrait- £28 per day- 3 days
  • Train- £417
  • Planning- Calling councils and layout of shoot
  • Insurance
  • Time 8 hours
  • £200 for 2 assistants
  • £250 for 2 days of editing + £250 for shooting

Camera= £609
Lens= £84
Train= £417
Assistants= £200
Time= £500

= £1726

Image rights = £100 per image

= £2626

Food + Drink for a day= £100

= £2726

Fee= £2400 per day- 3 days = £7200

= £9926
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