Hey guys!
To further expand my studio's business, I decided to add on some commissioned photographers. In the past, I got the short end of the stick in many shooting situations so I want this to be fair. With that in mind, I'd like some feedback to see if this business model is viable!
What I was thinking about doing was, my studio will pay for marketing, liability, gear insurance (I need to figure out how to add my shooter's gear onto the studio's coverage) and of course, provide the photographers with referrals to shoots. The photographers would have full access to the studio and equipment.
As for commission, the studio would retain 50% and say 100% of print sales up to say $100-$200 and the rest would go towards the photographer after servicing/printing fees.
The photographer would also retain a higher percentage if they bring in their own work. Say around 60-75%?
I already have 2 photographers signed up and one of which who is moving away from her own business to work with mine. I have a store front studio on a main historical part of my town which is surrounded by great shoot locations. I'm planning on having the photographers sign a non compete clause once everything is set in stone. I'll also offer them an hourly rate when I use them as assistants.
How does this business model sound? Is it fair? I also plan on holding workshops to train the photographers everything I know since it is my business' name they'll be carrying on their shoulders.
. I'd prefer not to instill fear but to make it worth while in other aspects. But in your opinion, does this business model look viable to you or would you rather accept being paid a salary or hourly wage?
