My only question is, where do you live that taxes come to 30% of what you are charging or $200 on a $600 package? Or, did you mean cost, like for processing and finished work?
I'm pretty certain (could be wrong) that as a sole proprietor, that any money I make is the same as my normal income, and with the tax bracket I am in, approximately 33% of my income goes to taxes. Most of my stuff last year was free, so it didn't make much difference, but if I start booking weddings, it will add up.
I don't consider myself a pro. But I have maintained insurance and tax identies all these years as I do, some side work from word of mouth or people I have done work for in the past.
The one rule I have for true friends is do it for free (with the absolute understanding that it includes no special treatments or services) or not at all. The saying is true about money and family and friends. I choose to not get into the situation. I have turned down several weddings for friends in the past. As I don't want to get into the pricing / hurt feelings issues. I find its best to just politely say no. What I do for free is basically just School portraits for their kids. Gives me a chance to break up the rust on studio work. And really, I have the time to do a couple of them a year without loosing anything. And now my wife is starting to learn and she likes it. So, good chance for her to practice and learn as well.
Friends and paid work don't mix. It's best just to stay away from it. This is true in just about everything, not just photography.
Agreed. I don't really like doing work for friends either. Most of my friends I shoot their kids for free, cause its enjoyable, but a wedding is different. She really wanted me to do it though, so I gave her a bottom-line rate. Lesson learned
Why do packages? Call around Fort Worth and see what wedding photogs are doing. If most of them do packages, why not try something else?
I started with wedding packages too. Got the jobs through a friend of mine who had a wedding boutique. Absolutely hated the jobs and they were not bringing in that much money. So I decided to try something else.
I started spreading the word that I was doing weddings through my editorial clients and that I was doing more of an artistic photo-journalism type work. I started getting calls right away.
And all I charged for in the contract was for my day. Always gave them the entire day for the simple reason that I didn't want to do two weddings in a day anyway. And I charged the same rate as for my editorial work. $500 /day. 25 years ago, it was decent change but the clients thought they were getting a very good deal. Even though I gave them a menu of prints and albums rates, I don't think they were thinking about how much it would end up costing.
The average wedding netted me about $2,000. By the time I stopped the weddings a couple years later, I was charging $1,000 for the day and the average wedding netted about $3-4,000. Most of my weddings I sold 3 albums - one to the B&G and one each to the parents. The cost was easier to swallow because it was split between the different parties instead of the brides parents paying for everything. My albums were also very different. No album of 12 8x10 and a box of candids for me.
What I am trying to say is: be as creative with what you offer as you are with your photos. It can pay very well and be a lot easier to shoot if it fits your personality better.
I don't necessarily do "packages" based on prints. My bottom package is for me to show up and shoot your wedding, edit all the photos and deliver a CD. From there, I add on additional Fine Art items and flush mount albums. I add things that Joe Blow can't get without a membership to a professional lab. If they want them, great. If not, that's ok too. They can print the files from the disk I give them at the lab of their choice.
I'm sure my prices and offerings will change as I figure out what works for me. The whole point of this was that it seems when you are a friend with someone, they expect you to work for free, where they wouldn't expect that of anyone else.