I'm very new to photography and I've only used my Olympus SP-55OUZ. I'm expecting my first SLR soon in the mail. A Nikon d90. 1st of all I really need any tips to this camera and main points and adjustments I should make to the settings. I have about 3 seniors wanting pictures made and one couple for engagement pictures. I always wanted to do this professionally but never thought I'd be into it this soon. What should I charge? Whats the average rate for seniors and engagement? I'll post a few pictures I took with my digital olympus. Thank you guys so much!
The technical part of photography is quite a bit more involved than many new photographers realize. It nowhere close to being rocket science but it's still stuff pro photographeers need to know.
If people will pay you for photos you have made of them, more power to you.
Where you're more likely to run into problems is on the business side of things.
Texas is one of the states where they give substantial monetary rewards to people for telling the state about illegal/un-licensed/un-registered businesses. Since Texas doesn't have income taxes they rely heavily on getting all the sales taxes due to them and illegal businesses don't send the state their cut.
So, when the state finds out about an illegal business, by whatever means, they estimate how much sales taxes are owed to them, add penalties and fines (ouch, big hurt) and send a big bill.
As far as rates to charge: There aren't really any average rates and senior packages are usually quite different than engagement packages. As an example seniors tend to want a lot more wallet size photos.
You need to charge enough to cover your non-reimbursed business expenses, your cost of goods sold, plus pay yourself a wage just to break even.
After that you have to add the profit margin you want to make.
Good luck with your new venture. Figure it will take 6 to 24 months to break even, depending on how much you know about running a business and how much capital ($$$$$'s) you have to start with.
Advice from a qualified accountant and an attorney would be helpful.
Of course for your legal protection you need liability and indemnity insurance, contracts, model and property releases, invoices, terms and conditions, a refund, no-show, reschedule policies, and all the other things paperwork and things needed for running a business.