Do you REALLY need an LLC? Real Talk For Photographers + Creators

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You're trying to learn how to start a photography business - And there is a LOT to figure out. In this video we'll cover the basic paperwork & setup of starting a photography business or a creative studio, covering the most common questions when you're learning how to start a business for the first time:
Do you need to incorporate?
Should you register your photography business as an LLC?
How do you do accounting?
Handle taxes?
Photography Contracts?
Bank accounts?
DBA's & Sole Proprietorships?
Want more info & a roadmap with all the templates +for training you need for building a booked solid photo biz? Checkout our marketing membership here:
PHOTOGRAPHY BIZ MEMBERSHIP
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FREE MARKETING TEMPLATES
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And for anyone wondering...
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Prior to upgrading computers, I was using a 2015 15" macbook pro with 16gb of ram - So you don't NEED the fancy new computer at all... It just speeds up my editing workflow as I'm not waiting so long for previews to load.
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#learnphotography #photographytechniques #photographytutorial #editing #photography #photographyfundamentals #photographylighting #lightingtutorial #photographybasics

Опубликовано:

19 июл 2022

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Комментарии : 100

@dymone4894 Год назад

Others have already said it, but I'll say it also. This was exactly what I needed today. Way too much "thought", "planning" and "research" literally left me no closer to getting this business started over the past 6 months. After watching this I registered by business and bought my domain, (actually I bought 2). Now to handle the banking side and begin creating my website. Thank you! I'm 3 steps closer to turning my dreams into reality.

@ItzzUnity Год назад

i Agree! This video helped alot!

@EL_FRITAS Месяц назад

@dymone4894 how is it going so far?

@priscillamoon_ Год назад

This is exactly what I needed ~ "Action beats complexity!" ~ Thank you Ryan! :)

@SignatureEdits Год назад

YEEEEESS! So good Priscilla!

@DerekVanderArk 6 месяцев назад

This is a freaking masterclass. More helpful than any other video I've seen out there regarding LLC. Perfect path forward. I'm book marking this video, because I know I'll need to come back to it in a couple months.

@tianamodel 11 месяцев назад

Thank you so much. I loved this video and it supported me on a day where I was overwhelmed by questions of if I'm doing anything right. There is so much confusing info online and it can be very overwhelming, even for someone established in their photography career. Thanks for simplifying it for us.

@digi4155 Год назад

I recently got into drone videos and photography. I was thinking about maybe starting a business shooting weddings, realty and portraits. I had no idea where to start. This video answered every question i had! Thanks dude!

@shannonmaire Год назад

This calmed the "starting scaries" for me. It can be difficult to get practical advice without getting too ahead of ourselves.

@ronaldoadam8239 Год назад

Thank you for this video! You literally described what I have been doing for the longest time, which is wasting time sorting out all the technicalities instead of actually shooting and making money.

@DannyGoes_ Год назад

This was a tremendous help. Thank you, Ryan!

@StefanJamesTV Год назад

Awesome video, I’m in the website world but you’re “don’t complexify” message is what I needed to hear. Much love!

@AJGlam13 Год назад

You are the best photography pal, thanks dude! ♥️♥️♥️

@bracyelias 3 месяца назад

You’re a genius when it comes to breaking down these concepts. Thanks bro🙏

@TerriJones-dq6jq 2 месяца назад

Super helpful! The best advice all around...I've gone the over-planning start to a business, and I appreciated hearing the bare bones to launch. "Action beats complexity ever single time."

@nickmccoy9772 Год назад

Thank you for making this video. I really needed to hear this! There are so many rabbit holes you can fall down when trying to start a creative business ( gear, pricing, education, contracts, etc), that it's easy to get lost! There are also so many people trying to "help you succeed" by selling you their product ( presets, courses, LUTS, etc), that you can bankrupt yourself before you even start making money. The process can be overwhelming, and take the fun out of trying to create something. Thank you for the wake-up call. I can't wait to get back out and enjoy taking photos again! Thanks for pulling me out of the rabbit hole.

@SignatureEdits Год назад

So good Nick! You are right on the money. The more complex we make something, the less effective / enjoyable / successful we tend to become! Go get em my friend :) Oh and btw, IF you are up for it I'd love to have a chat and ask a couple questions for some content I'm working on - Send me a msg from the contact link @ signatureedits.com!

@Laurasusana 7 месяцев назад

Thank you so much for this. This is exactly what I needed!

@oleeejek 18 дней назад

Thanks for this video! The best I've seen on this topic and now I have a much better idea of where to start.

@sunsettaye4820 2 года назад

I needed this more than you know. Thank you so much🙏

@SignatureEdits 2 года назад

You are so welcome! :)

@trentausten Год назад

This is hands down one of the most helpful videos I have ever watched.

@SignatureEdits Год назад

Glad you got some value out of it Trent! Really appreciate the comment :)

@linzzz519 Год назад

I’m very much in that bogged down place! This was so helpful! Thank you!

@doodledidit 2 года назад

Great video! Thank you so much. This is exactly what I have needed. Especially on the mind set stuff.

@SignatureEdits Год назад

You're so welcome! Really glad to hear that Katie

@kurtcichowski 6 месяцев назад

Great video! Absolutely eye opening.

@cheriemendez4292 Месяц назад

Thank you so much for this - wow! SO TRUE!!!

@user-to6lc1kn6r Год назад

So happy I found this video :))) Thank you! so much useful information and I have seen so many videos about nothing :(

@hanyangxie4730 Месяц назад

This is so helpful, thank you!

@user-hk6hz9zd5k 11 месяцев назад

Honestly, Never had seen a better to-the-very-point video on the entire platform ever. Kudos to you my friend. You have surely done a very great job 👍🏼

@SignatureEdits 10 месяцев назад

I appreciate that! Thanks so much

@TheAverageGuy740 3 месяца назад

Thanks Ryan! Your video was really helpful, so glad I found your video!! Keep up the good work!

@SignatureEdits 3 месяца назад

super glad to hear that!

@joncothranphotography9375 2 месяца назад

Great advice Ryan! Thanks so much!

@CufNs1 Месяц назад

1,000th like here! I Gotta say this definitely helped a lot and I will be watching more videos to help me out in the future, Thank you Ryan!

@lancelotstaub2416 Год назад

Hey Ryan, thanks for the info and motivation. I’ve been shooting for 10 years working for others and it’s now time to hit it hard on my own. My first tangible step is gather my portfolio. Thanks again! ✌🏼🤙🏼

@SignatureEdits Год назад

Right on my friend! Go crush it 🔥🔥

@shuhnellx 3 месяца назад

Thank you so much for explaining all of this as simple as possible. 😊

@SignatureEdits 3 месяца назад

Glad it was helpful!

@wokinprogress4671 Год назад

very informative! thanks dude!

@aaronwaite4230 11 месяцев назад

Ryan, I really appreciate the inspiration and motivation. I thought starting a photography business would be a lot harder and more intricate. I love your step-by-step approach though simplicity. I need to set up my sole proprietorship and get a contract sent to my first client that I have lined up.

@1904Rob Год назад

Great video, appreciate all the info. Currently in the process of getting authorization from property manager to be a legitimate home based business for real estate photography before i file with the city. Have been debating if I should file under an LLC but this was extremely helpful thank you.

@HooahArmyMan 3 месяца назад

This is the best video on starting out that I have ever seen.

@SignatureEdits 3 месяца назад

woah! thanks :) glad it helped u!

@DavidChiriboga Год назад

Great vid! Love how you laid out some truth 👌🏼

@alvinsun2970 8 месяцев назад

Appreciate the knowledge brother. Thank you.

@SignatureEdits 8 месяцев назад

Glad to help Alvin! Thanks for the watch :)

@vincenthollidayphotography 5 месяцев назад

Thank you for this great information

@katyaandrievskaia2528 9 месяцев назад

I love you and your channel Ryan!

@nerdynautilus5373 Год назад

Dude, wow, this is brilliant!

@SignatureEdits Год назад

Thanks my friend!

@airavearentertainment9186 2 года назад

You and this channel are awesome!

@SignatureEdits Год назад

I appreciate that! Thanks so much for the kind words!

@brandongodbey6463 2 месяца назад

At first I couldn’t get over the slow writing and wanted him to just get on with the video, but he answered so many questions, alleviated so many concerns, and I feel more knowledgeable walking away from it.

@OrganicMama1 Год назад

Wow you literally read every thought in my mind for the past 2 years 😂 and no I still haven’t started my business

@EarthenSalt 2 месяца назад

I feel like I owe you money after watching this! Great stuff my man.

@brickhousemonkey 9 месяцев назад

Very helpful. Thank you 😊

@Brohansifat Год назад

THIS is what I needed.

@SignatureEdits Год назад

YES! Glad it was helpful

@Thundr4x 2 месяца назад

That was valuable video

@alexisboat Год назад

thanks for this!

@AnnieJ651 7 месяцев назад

This is very helpful. Thank you

@SignatureEdits 7 месяцев назад

Glad it was helpful!

@svetlanagrobman3476 Год назад

Great presentation!

@SignatureEdits Год назад

Thank you kindly!

@Hakeo 5 месяцев назад

I was a victim of analysis paralysis Today, as I'm typing this, I'm getting ready to go get a flash gear from my brother to start my food photography portfolio I'll be reaching out to friends who are chefs to also build upon my portfolio outside of what I'll be doing at home. The goal is to have something to show once I start reaching out to small businesses.

@whitneyphelps4650 Год назад

This makes a lot of sense. But what if you are married and your husband makes 6 figures. Two questions: 1. Should I get an LLC to protect the assets we have attained? And 2. When I am taxed at the end of the year (with a sole proprietorship or LLC) am I taxed for my business at the tax bracket that my business brought in, or the tax bracket that we make together as a couple? Would that effect which route I would want to take?

@SuperDeemee 4 месяца назад

That is such a good question!!! I'm here for the answer 🙏🏾🙏🏾🤞🏾

@katyaandrievskaia2528 9 месяцев назад

Thanks!

@SignatureEdits 9 месяцев назад

Wow thanks so much Katya! Really appreciate the super thanks :) You made my day

@simongarcia5547 Год назад

I was debating establishing my LLC this year, just to establish credit for future opportunities that may require capitol.. but seems like a DBA will work until i get my cash up, ill just carry some insurance. Thanks for the info

@cornelltheshooter Год назад

Great Content. I have been stressing about the start up process and even started doing research which made it even more stressful and you dumbed it down. Quick question Do I need to worry about at EiN number when I’m first staring up?

@SpAnKyOoO 6 месяцев назад

2:37 I LITERALLY DIED LAUGHING WHEN HE FINISHED DRAWING THE FACE 💀

@toritor831 3 месяца назад

Order my business cards and go out on the town and talk to people in my specific target audience

@allietsai 3 месяца назад

Thanks for making this so simple Ryan! Quick questions: am i supposed to be charging sales tax on top of my session fee? 2) I have PayPal and people pay both through “family and friends” and “goods and services”. Does that matter for taxes? I didn’t realize i needed to file for sole proprietor so will do it today

@cristianrodriguez1162 10 месяцев назад

Hi - thanks for the video and all the info ! Question - You recommend to start with Sole Proprietorship, right? Now, is there a way to become LLC from Sole Proprietorship when the time comes? (I know you said we don’t need to know all the details, so just a Yes or No would do for me - or as much info you think would be helpful, I’ll take whatever 😊)

@SignatureEdits 10 месяцев назад

Great question! Yes, when the time comes, all you do is register an LLC, and that would be it!

@simongarcia5547 Год назад

subbed

@RideOrDie717 Год назад

Zed lol it’s just Z but nice I’m about to be a car photographer and or real estate photographer

@photobizmethod 9 месяцев назад

LOVE Profit first! It's my bible LOL

@armando.visuals Год назад

what is the best company to insure camera gear in the US?

@SignatureEdits Год назад

I have some friends who use PPA I believe, but since I don't have experience with this I can only say do some research, read the reviews and decide :) In the US you're lucky to have several great and affordable options!

@Thundr4x 2 месяца назад

How do I invoice though?

@dushyantbhatt9345 7 месяцев назад

Whats required for registration as a vendor with ad agency any idea ?

@SignatureEdits 7 месяцев назад

Different agencies will have different requirements :) Worth asking them, but for the most part, its more about a business license and or liability insurance requirements! neither of which need an llc

@christinemclaughlin8644 10 месяцев назад

What if you have a lot of personal assets, do you feel they could be at risk by not setting up an LLC?

@SignatureEdits 10 месяцев назад

Not legal advice, but personally I would run this risk vs reward scenario. If you have liability insurance for your photo biz already, then the likelihood of damages in addition to your insurance limits is pretty low… so if it were me I still prob wouldnt