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Photography Business
Negotiating Mall Space
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<blockquote data-quote="Rick M" data-source="post: 517693" data-attributes="member: 4399"><p>My vacation is paid, so no loss there. I don't do this as work. Some of my time there was 1/2 days, so it was 10 full days converted. Without getting too technical (I'll do that by tax time) my net profit was about $2,700. My business trips to Maine and Cape Cod to shoot lighthouses will offset the profit at tax time. I don't look at the time as an issue, since this is something I do for fun. Frames reduce margin, but increase sales and increase separate print sales. The frames showcased the prints, many asked for just the print (higher margin). When they bought the print framed, I got at least twice the frame cost plus the markup on the print. Without frames my gross sales would have been much lower, they really paid off.</p></blockquote><p></p>
[QUOTE="Rick M, post: 517693, member: 4399"] My vacation is paid, so no loss there. I don't do this as work. Some of my time there was 1/2 days, so it was 10 full days converted. Without getting too technical (I'll do that by tax time) my net profit was about $2,700. My business trips to Maine and Cape Cod to shoot lighthouses will offset the profit at tax time. I don't look at the time as an issue, since this is something I do for fun. Frames reduce margin, but increase sales and increase separate print sales. The frames showcased the prints, many asked for just the print (higher margin). When they bought the print framed, I got at least twice the frame cost plus the markup on the print. Without frames my gross sales would have been much lower, they really paid off. [/QUOTE]
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