Should Your Start Your Own Or Buy An Existing Photography Studio?

So you want to be a full time professional photographer. Is it better to start from the ground up, or buy an existing studio? photography business for sale

It depends.

Starting a new studio means you have total control to establish things from scratch.
Buying an existing studio means you take over systems that are already in place.

Starting a new studio means you have to go out and look for your first client.
Buying an existing studio means you have a calendar full of clients for a period of time in the future.

Starting a new studio means you can choose your style and field of photography.
Buying an existing studio means you follow the style established by the previous owner.

Starting a new studio allows you to build relationships with vendors you find along the way.
Buying an existing studio means you have trusted vendors and established accounts.

Starting a new studio can be done with limited funding.
Buying an existing studio takes capital to buy a current owner out.

Starting a new studio lets you build slowly.
Buying an existing studio gives you a business boost by having a full time income already in place.

Starting a new studio allows you to develop marketing materials using your ideas.
Buying an existing studio allows you to take over marketing that already works.

Which way is best for you? It all depends on your resources. There are pros and cons to both. But as long as you keep your end in mind, you’ll grow to success quickly.

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About Virtual Photography

We're the co-founders of VirtualPhotographyStudio.com and have been writing on this blog since 2004. We started Virtual as a way to help photographers stretch beyond a part time income, and develop strategies to become a Five Figure Photographer or a Six Figure Photographer. Ultimately its all about lifestyle, and if your goal is to live as a photographer 24/7, we think you should have the knowledge and the tools to do so. Welcome!