Photography is a rewarding pursuit. It’s good for the creative soul, and it can also be useful for business. If you’re wondering, how much does photography equipment cost, you’ve come to the right place. Let’s discover how you can start a studio business on a budget.
How To Start A Home Photography Studio On A Budget
If you have sufficient space at home, you can start a studio business there first. So, how much does it cost to build a photography studio at home? We will begin by going through a quick budget guide with some essential pieces of equipment:
Knowing how much does photography equipment cost will depend on the brand and quality. We will show you a price range of photography equipment for your reference.
- Camera – this is probably the most expensive piece of equipment you will invest in. Cameras with WiFi capability are convenient for transferring photos.
Price range: $300 to $500
- Tripod – A tripod is an excellent device for taking photos of yourself or capturing unique shots of your subject with low light. Tripods are very affordable and easy to store as well.
Price range: $20 to $50
- Lighting set – A lighting set includes a support stand, a softbox light, and a daylight umbrella. The general rule is to keep at least three pieces of lighting equipment, which usually comes in a set. You can save more through a set rather than individual purchases.
Price range: $200 to $300
- Backdrop system – Purchasing a system will include a portable bag, an alloy set for the support stand, and a crossbar.
Price range: $40 to $50
- Reflectors – These devices are perfect for bouncing light around.
Price range: $20 to $30
So, how much does photography equipment cost for a home studio? The equipment needed for a photography studio at home can cost at least $1,000. If you factor expense on lenses, you should prepare an additional $1,000. This deal is just right, considering it’s a simple way to get your photography business running. Know more about photography and video service rates here!
Tips For Your Photography Studio Business
Even if you’re starting with a home studio, you can begin applying these practical tips for your business:
- Work on your branding and reputation
- Slowly invest in your personal brand by being professional and personal in all your projects.
- Charge what your skill set is worth. Don’t overcharge or undercharge.
- Find a niche market
- Photography has a very diverse market. It isn’t just weddings or events. You can also shoot for products, real estate, and food.
In starting a business in photography, it’s reasonable to ask how much does photography equipment cost? Although there are ways to budget expenses, the important thing is to see through your plan because there’s no better business than doing one that you love.