True or False: Photography Business Essentials
Ready to see how much you really know the basics of running a photography business? Take this short true or false quiz to test your knowledge and pick up some useful new tips. Let's dive in and see how you do!
Test Your Knowledge as a Photography Business Owner
Check The Correct Answers
1. Correct Answer: False
Explanation: While watermarking can be a deterrent, it's not the only way to protect your work. Registering your copyrights, using metadata, and educating clients about usage rights are also important strategies.
2. Correct Answer: False
Explanation: It's crucial to manage your taxes throughout the year. Many photography business owners need to pay quarterly estimated taxes and should keep accurate records of income and expenses year-round.
3. Correct Answer: False
Explanation: While versatility can be beneficial, specialising in a niche can help you become an expert in that area, potentially commanding higher rates and attracting clients looking for specific expertise.
4. Correct Answer: True
Explanation: Pricing should reflect the value of your work and cover your costs. However, it's also important that your market rate fits within the competitive landscape. For more insights on this topic, check out our free pricing Ebook.
5. Correct Answer: False
Explanation: Contracts are essential for all jobs, regardless of size. They protect both you and your client by clearly outlining expectations, deliverables, and terms of service.
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