No matter what shape or size, most people treat their pets equal to that of how they treat a human. To these people, pets are family. Other people even prefer getting a pet than having a child. It is only natural that these people would want their pet to be photographed. It is also natural to hire a professional photographer.
If you already have the proper equipment for it, pet photography can be a lucrative business. As there are not so many photographers who specialized in shooting pets, it could mean that there is less competition for you. However, it takes more than pointing a camera at Cody and then pressing the shutter button to produce amazing animal pictures. No, pet photography is more than that. To be an efficient and amazing pet photographer, not only will you need exemplary photography skills, you must also be able to handle animals well. Master both skills, and you are well on your way to becoming a pet photographer.
The next step in your pet photographer career is to try and turn it into a business. You will need a business plan for that. A business plan is a formal statement of business goals, the reason for those goals and the plans or strategies for attaining them. Other things a business plan may contain are the background information of the people involved in the organization which in this case is you.
As mentioned above, a business plan lays out the foundation for your business. If you are just starting out, it will not make sense to create a detailed plan. For self-run businesses, which your pet photography business will be at the beginning, you will not need an extensive plan. A rough outline of your business plan will do and will be an amazing tool to refer to should you plan to expand your business.
It is easy to mistake a business plan for a business proposal and vice versa. That fact is not surprising given the countless of times that countless people use the terms “business proposal” and “business plan” interchangeably. However, these two documents are very different. If you want to be a decent entrepreneur, it is imperative that you know their differences of both and when to use which document. For starters, a business plan is the overall plan of your business. As mentioned above, it outlines and details your overall business. This means that the business plan document will contain your goals, vision, mission, financial projection and other things that relate to running a business. A business proposal meanwhile is used to sell. In the case of a pet photography business, it will show your potential customers on why they should have you, a professional photographer, photograph their precious pet instead of taking the picture of themselves. It presents a good argument as to why they need to hire a professional.
One more thing, business proposals, and business plans are presented to different audiences due to their different purposes and different natures. A business plan will almost always be presented to the bank and potential investors that will help you secure funding for starting or growing your business. The business proposal meanwhile is presented to your customers for the reasons mentioned in the previous paragraph.
Knowing which is which is essential when it is time for you to create the aforementioned documents.
A business plan will is a document that contains many sections. These sections guide the business owners of their overall business. It can also allow for potential stakeholders to know essentials things to know about the said business. A business plan should include the business’ description, goals, and missions. The general philosophy of your business, as well as your target market, should also be stated of in the business plan. Some other key sections of a business plan include:
You might think that since you are a small business that you might not need a business plan since you are a small business. Well, it is alright to just start out with a business outline if you are just starting out, however, if you are planning to make sure that your pet photography business will flourish into the future, creating one should be a no-brainer at all. With a business plan, your potential investors will see that:
A business plan is an important document for your business and its identity. Even if you are just starting out, your pet photography business will still get benefits for having a business plan, or at least a short outline of it. Not only will the business plan be is used to help you get a loan or secure backers, it can also serve as a snapshot of your overall venture. Creating a business plan requires an overall examination of the whole venture. As such, it will help define the identity of your business and thus, you can refer to it if you ever feel that your business is losing its way. That’s not saying that your business plan should not be flexible though.