While adding the financials to my business plan, I got a
grasp on how much money is really needed from investors. From laptops, to
software, cameras and lenses, photography is a generally expensive trade. It
could be beneficial to stick with one brand of equipment and offer them a share
of the company in assurance that photojournalists will be kept up to date with
the newest equipment. Cameras are constantly being reinvented and viewers
should be provided with the clearest images possible at all times. Buying new
cameras every year, especially with corresponding lenses, tripods, and shades can
be extremely pricy. Another contributor of funds would be needed for laptops,
software, and any other costs that would not be too recurring. The main lesson
is that before writing down what you need to start and stay in business, it
takes making organized lists and separating supplies out.
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