Usually people wait till they have done sufficiently well before opening up their own studio. You can always opt to set up a photography studio at your home, if you have the space, which will save you money, or you can rent a space for setting up the studio Regardless of the type of photography you do, there are three basic areas you need to include and look into while setting up your studio. Your photography studio requires an office space, a work area and an equipment storage area. The office area will be used for storing paperwork relating to business, expenses, bills, invoices etc. Ensure your desk is of suitable size, as you will be signing contracts, doing your billing and performing many other important activities here. You require a phone in order to be contacted by customers, a printer and fax machine along with your computer, and a storage filing cabinet for storing everything. This means they need to be strong and durable. You need to be organized when it comes to storage, as you will need your things to be in easy access and conveniently placed so that you can quickly take it. It is extremely frustrating to misplace an item just because you are not organized. Very often you end up buying it again and this can cost you time and money. Also ensure that the shelves are nailed at appropriate heights as you do not want to exert all your energy in just removing an item from the shelf.