There is a good chance we are currently headed toward an economic recession, and as such, wedding photographers should consider how to ensure their business will be ready if such a downturn arrives. This helpful video tutorial features an experienced wedding photographer discussing how to prepare yourself for a recession to ensure that you are in a position to survive or even thrive when one arrives.
Coming to you from John Branch IV Photography, this great video tutorial discusses how to prepare your wedding photography business for a recession. Economic downturns are an inevitability, and you will be in a much better position to handle one if you prepare for it beforehand rather than trying to tackle it as it comes along. Unfortunately, spending on nonessentials is the first thing to go when such downturns occur, and this might mean that while wedding photography will not dry up entirely, couples might not spend as much on a package as they would in other times. And while this video is focused on wedding photography, the advice really applies to just about any photography genre in which you are conducting business. Check out the video above for the full rundown.