In this episode of Shuttered Flow, hosts Edward Antonelli and Jeremy Freeman delve into the intricacies of bidding, budgeting, and invoicing in commercial photography. They discuss how to determine the worth of a project, strategies for bidding, and the importance of clear communication with clients regarding budgets. The conversation also covers the breakdown of bids, negotiation tactics, setting up project budgets, invoicing processes, and the significance of contracts and deliverables. This comprehensive discussion provides valuable insights for photographers looking to navigate the business side of their craft effectively.
- You have to be able to say no to certain things.
- Don't be afraid to just ask that question about budget.
- Make sure all the little things are in your contracts.
- The larger the company, the slower things move.
- It's important to set up your business properly for invoicing.
- You can negotiate for upfront payments to cover costs.
- Always factor in overtime when budgeting for shoots.
- Having a detailed budget can prevent financial issues later.