I have a small photog business but I haven't been generating a whole lot of income as of late. Part of that is due to lack of marketing, SEO, etc. on my part, and the other is the market that I'm in as it is super oversaturated with "photographers" (mostly moms who bought a DSLR so now they think they are photographers, etc.)
So other than doing the occasional wedding and the various family and child portrait sessions, we've been looking at other ways to earn money and I was considering renting out my gear to other local photographers.
Is this a good idea? Or is this something anyone else has done or currently does? I would do a daily rate and if they wanted to rent it for longer periods of time it would be discounted.
Any thoughts on this? Concerns? Any advice/wisdom anyone can impart would be appreciated. Thanks!