Forgive me if these are dumb questions, but I'm a beginner. 
I've always just dabbled in photography, but am trying to make a side business of sorts out of it; mainly by doing shoots with families and kids. I haven't done anything *serious* yet (just my son, friend's kids, etc.) but all of a sudden I have people coming out of the woodwork, asking me to shoot their kids (yikes! - LOL).
I'm looking for advice on how to price these things at the beginning, if anyone wants to share. Also, if I just have a Canon 50D, kit lens and a 70-200mm telephoto, what more should I get? 
I was also bamboozled into shooting a wedding for an old school acquaintance in September. The thought of THAT is scaring the bejeesus out of me (especially after reading through a thread here dealing with a wedding photog horror story). I'm sure I'll need tons of advice, help, guidance, and whatever else anyone can offer there.
I know I've rambled, and I'm sorry. I guess my bottom line questions are: how to set a price on sessions as a beginner and the basic equipment I should have before I do that. Thanks in advance!



