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The Photographer’s MBA: Everything You Need to Know for Your Photography Business by Sal Cincotta

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Two. Let’s Talk Business

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In this chapter we’ll discuss the various types of business entities and how they’ll impact you, both personally and professionally. Make no mistake: as we discussed in the previous chapter, it takes more to be a professional photographer than just buying a camera.

What business type is best for you? A sole proprietorship, a partnership, an S-Corp, a C-Corp, or maybe an LLC? We’ll dive into each of the various types and break them down into an easy-to-understand decision tree that’s right for you.

These are things you have to consider sooner rather than later. These are decisions that will impact your income, taxes, business, ...

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