Thinking about opening a sports photographers business? We tell you what you need to know to get started.
(article continues below)
Best Practices for Writing a Sports Photographers Company Business Plan
Many new sports photographers business owners feel unprepared for the challenge of writing a business plan.
Fortunately, you don't have to tackle your sports photographers company's business plan by yourself. These days, there are tons of great resources and solutions available to support the business plan writing process.
Our Business Plan Help section discusses some of the business plan resources other entrepreneurs have found useful.
Check Out the Competition
Long before you open a sports photographers business in your area, it's a good idea to find out how strong the competition is. Try our link below to generate a list of competitors near you. After following the link, enter your city, state and zip code to get a list of sports photographers businesses in your area.
Prior to opening your doors for business, be sure you fully understand the competitive landscape and where your new business will fit in.
Turning Competitors Into Collaborators
If you are seriously contemplating launching a sports photographers business, it's essential that you talk to somebody who is already in the business. If you think owners of nearby sports photographers businesses will give you advice, think again. It'd be crazy for them to teach you the business.
Thankfully, an owner of a a sports photographers business outside of your community may be more than happy to give you a few tips, once they realize that you are not going to directly compete with them in their community. In that case, the business owner may be more than happy to discuss the industry with you. If you are persistent, you can find a business mentor who is willing to help you out.
Where do you find a sports photographers business manager that lives outside of your area?
Simply, try our helpful link below, type in a random city/state or zipcode, and start calling.
Pros & Cons of Buying a Sports Photographers Business
Although there are significant benefits to buying a sports photographers business (rather than launching a startup), it's important to weigh the pros and cons before you commit to a purchase scenario.
BENEFITS: Acquired sports photographers businesses should be profitable right out of the gate; they should also be capable of demonstrating a loyal customer base, brand identity and operational efficiencies.
DRAWBACKS: On the downside, sports photographers business acquisitions can be difficult to adapt to your unique business philosophy so it's important to make sure the business is capable of achieving your ownership goals before you initiate the buying process.
Franchising May Be a Better Way to Go
The odds of achieving your primary goal of doing well with your venture immediately improve if you decide to franchise rather than going it alone.
As part of your process in starting a sports photographers business, it's worthwhile to investigate whether there are good franchise opportunities available that might be worth investigating.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding starting a business may be of interest to you.
If you currently own a sports photographers business, these resources will come in handy:
If you sell to sports photographers businesses, we've got better information for you elsewhere on our site. These resources are more appropriate for you:
If you are still exploring all of your options, please browse our directory of guides below.