LBaldwin wrote in post #5843693
Quite a few photographers have done this, we have several here in the San Jose area. Some are very formal with a gree room and snack areas and fully support video as well as stills. Some are spacec only and you are required to bring everything.
Having your studio in the black book or other guides would be a big help, towards having it booked enough each month to support costs. Also there are billing, credit and customer vetting and of course there are serious insurance issues. Commercial had the chance to pay better but don't limit the spaces usage.
If you intend to provide gear for rental you have to keep in mind the liabilities of something goes wrong during a shoot. So blanket releases are a requirement. Also alonjg with this is the capital outlay for primary and backup gear, repairs, wear and tear etc.
We have a few in town, however not very many and those that exist don't appear to be particularly "quality"
We've been heavily debating gear rental. At this point I was thinking not letting it out that we would be able to do so, and only allowing rental like that with photographers we have an ongoing working relationship with. I can't see us taking on the liability of the shoot not being able to happen in the near term.
Great advice around insurance. While we have an umbrella policy and some other in-place insurance, I suspect the costs of insurance will triple or more with a formal space.
I think all we would be "After" is paying the absolute base rent with rental of the facility for a wide variety of purposes. We do have a photography business that is pretty busy for a little part time endeavor, and think we could spin up considerably more buisness by being able to offload work to another photographer that is quality but doesn't have the buisness means, or sense.
It has been difficult involving others in our business because of our current studio being located in our loft residence. It work very well, and isn't that dissimilar to the space we would lease, but it is hard to relax and also have a full-fledged shoot going on in one's home unless I'm performing it myself. Even then, the wife is tired of a shoot nearly every night!
The black book?