The PPA Benchmark
Participate in the
Participate by September 30 and be entered to win a $300 Tether Tools Gift Card or a Spyder Pro 4! Plus, everyone who participates will be entered in the grand prize drawing for an all-expense paid trip for two to Imaging USA 2015 in Nashville, including airfare for two, hotel for 4 nights and full Imaging USA registration. The Benchmark Survey has helped thousands of photographers understand how to be more profitable by providing a clear picture of what a sound business looks like.
This tool is designed to help you plan for a profitable business by beginning with the end in mind.
By looking first at how much you want your net income to be and using the standard cost of sales and overhead percentages, you'll be able to see how many sessions, at what sales average, you'll need to reach your income goal.
Every studio is different but by answering a few general questions you can easily get started. Start from square one to get your projections squared away!
The Numbers Don't Lie. See what PPA's Benchmark Survey has to say about your business, and follow our latest photography business guidelines to make it even stronger and healthier.
Wait! Don't run away because we're talking about finances—this is stuff you need to know if you want to keep doing what you love! And we've already done the hard work for you by compiling it into one handy photography business guide.
Our Benchmark Survey gathers photographers' financial data, and our oh-so-talented PPA accountants carefully analyze it. Then we publish and explain the results (in ways you can understand), helping you compare your studio's performance to certain benchmarks, set goals AND answer questions like:
- Are you spending enough money on marketing?
- Do you have too many employees?
- When should you hire employees?
- What can you do to make your business more profitable?