You can’t let accounting and finances take a backseat when it comes to running a business.
Doing so can disrupt your cash flow. Even worse, you could lose track of unpaid invoices and delinquent accounts.
Which is why, in the interest of providing you with a vast array of choices so that you – as a professional real estate photographer and business owner – can make an informed decision, we’ve done some research and come up with a short list of accounting and finance tools you can use.
In the beginning, when you’re just starting your real estate photography business, you might get away with typing out an invoice using a Word template, emailing it, and then waiting to get a check in the mail.
But before you know it, as your real estate photography business grows, this won’t be enough.
Creating and sending invoices, accepting and following up on payments, and recording income and expenses will quickly snowball into a major ordeal, if you’re not careful.
As a real estate photographer, you should consider investing in a system or software that will help you manage your business finances yourself.
The sooner you put a system into place, the better.
At the same time, you do not want to make a rash decision and set up a system that might not be the right fit for you.
Carefully consider what it is you really need. You may want something that includes all the bells and whistles, or you might find this too cumbersome to handle and prefer something more basic and simple.
Also, you need to consider costs. An accounting platform that costs a bit more but yields better results with less hassle might be more profitable for you in the big picture.