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

Рет қаралды 17,140

Жыл бұрын

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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I'd recommend going with at least 16gb of ram and 512gb of storage.
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Пікірлер: 100

@dymone4894 Жыл бұрын

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 Жыл бұрын

i Agree! This video helped alot!

@EL_FRITAS 27 күн бұрын

@dymone4894 how is it going so far?

@priscillamoon_ Жыл бұрын

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

@SignatureEdits Жыл бұрын

YEEEEESS! So good Priscilla!

@DerekVanderArk 6 ай бұрын

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.

@shannonmaire Жыл бұрын

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

@DannyGoes_ Жыл бұрын

This was a tremendous help. Thank you, Ryan!

@kurtcichowski 6 ай бұрын

Great video! Absolutely eye opening.

@oleeejek 12 күн бұрын

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

@Laurasusana 7 ай бұрын

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

@joncothranphotography9375 2 ай бұрын

Great advice Ryan! Thanks so much!

@AJGlam13 Жыл бұрын

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

@cheriemendez4292 Ай бұрын

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

@hanyangxie4730 Ай бұрын

This is so helpful, thank you!

@wokinprogress4671 Жыл бұрын

very informative! thanks dude!

@sunsettaye4820 Жыл бұрын

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

@SignatureEdits Жыл бұрын

You are so welcome! :)

@doodledidit Жыл бұрын

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

@SignatureEdits Жыл бұрын

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

@tianamodel 11 ай бұрын

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.

@bracyelias 2 ай бұрын

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

@DavidChiriboga Жыл бұрын

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

@linzzz519 Жыл бұрын

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

@StefanJamesTV Жыл бұрын

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

@digi4155 Жыл бұрын

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!

@user-hk6hz9zd5k 10 ай бұрын

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 ай бұрын

I appreciate that! Thanks so much

@katyaandrievskaia2528 9 ай бұрын

I love you and your channel Ryan!

@vincenthollidayphotography 5 ай бұрын

Thank you for this great information

@ronaldoadam8239 Жыл бұрын

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.

@alvinsun2970 7 ай бұрын

Appreciate the knowledge brother. Thank you.

@SignatureEdits 7 ай бұрын

Glad to help Alvin! Thanks for the watch :)

@user-to6lc1kn6r Жыл бұрын

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

@airavearentertainment9186 Жыл бұрын

You and this channel are awesome!

@SignatureEdits Жыл бұрын

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

@shuhnellx 3 ай бұрын

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

@SignatureEdits 3 ай бұрын

Glad it was helpful!

@trentausten Жыл бұрын

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

@SignatureEdits Жыл бұрын

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

@nerdynautilus5373 Жыл бұрын

Dude, wow, this is brilliant!

@SignatureEdits Жыл бұрын

Thanks my friend!

@TheAverageGuy740 3 ай бұрын

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

@SignatureEdits 3 ай бұрын

super glad to hear that!

@TerriJones-dq6jq 2 ай бұрын

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."

@brickhousemonkey 9 ай бұрын

Very helpful. Thank you 😊

@Thundr4x 2 ай бұрын

That was valuable video

@alexisboat Жыл бұрын

thanks for this!

@Brohansifat Жыл бұрын

THIS is what I needed.

@SignatureEdits Жыл бұрын

YES! Glad it was helpful

@brandongodbey6463 2 ай бұрын

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.

@nickmccoy9772 Жыл бұрын

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 Жыл бұрын

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!

@CufNs1 Ай бұрын

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!

@1904Rob Жыл бұрын

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 ай бұрын

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

@SignatureEdits 3 ай бұрын

woah! thanks :) glad it helped u!

@aaronwaite4230 11 ай бұрын

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.

@AnnieJ651 6 ай бұрын

This is very helpful. Thank you

@SignatureEdits 6 ай бұрын

Glad it was helpful!

@EarthenSalt 2 ай бұрын

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

@svetlanagrobman3476 Жыл бұрын

Great presentation!

@SignatureEdits Жыл бұрын

Thank you kindly!

@lancelotstaub2416 Жыл бұрын

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 Жыл бұрын

Right on my friend! Go crush it 🔥🔥

@OrganicMama1 Жыл бұрын

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

@toritor831 2 ай бұрын

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

@Hakeo 5 ай бұрын

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.

@katyaandrievskaia2528 9 ай бұрын

Thanks!

@SignatureEdits 9 ай бұрын

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

@whitneyphelps4650 Жыл бұрын

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 ай бұрын

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

@simongarcia5547 Жыл бұрын

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 Жыл бұрын

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 ай бұрын

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

@allietsai 3 ай бұрын

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

@simongarcia5547 Жыл бұрын

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@cristianrodriguez1162 10 ай бұрын

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 ай бұрын

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

@RideOrDie717 Жыл бұрын

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

@photobizmethod 8 ай бұрын

LOVE Profit first! It's my bible LOL

@armando.visuals Жыл бұрын

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

@SignatureEdits Жыл бұрын

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 Ай бұрын

How do I invoice though?

@christinemclaughlin8644 10 ай бұрын

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 ай бұрын

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

@dushyantbhatt9345 7 ай бұрын

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

@SignatureEdits 7 ай бұрын

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