One costly lawsuit can collapse a photography and videography business and though a solid business insurance can protect most photographers and videographers from a lawsuit, there are things that a business owner can do to protect his interests and his workers.
A few simple risk-prevention techniques are all it takes to protect your passion for photography and videography from collapsing under the weight of a client’s temperament.
Photography and videography companies have different components that may or may not incur big risks for the businesses. Protecting your investments depend on understanding the nature of your business and your job.
But most photographers and videographers share these two things: they rely on expensive equipment and they depend on the patronage of their clients.
Give your equipment the proper care and maintenance
Cameras and drones are expensive. Computers and editing software are expensive, too. Your photo and video business cannot function without this equipment. They are necessities to any photo and video business and you cannot run your business without investing your capital into these machines.
That is why it is advisable to transport the equipment safely, store them properly, know where they are located at a specific time and day, and be careful with digital information and the risk it entails.
You should also consider getting extra insurance policies for heavy and expensive equipment, as well as insure them properly when you are about to take them out of town or out of the country.
Be aware of your environment
You need to create the safest environment possible for you, your employees, your clients, and your equipment. Whether you are in the studio or in a location, stay aware of your surroundings and consider many safety measures when traveling. One of the things that can go wrong is your electrical wires and connections.
Hire a licensed electrician will ensure that your electrical system is safe and working properly. Remember that when hunting for a great shot, do not take needless risks and endanger your life or your subjects’ lives.
Manage your clients’ expectations
A vast majority of lawsuits filed on photography and videography companies is a product of a client’s temperament. Since you are being hired to capture special and rare moments in your clients’ lives, they expect you not to miss a single thing. Be sure to manage their expectations and be clear about the limitations of your services.
To ensure this, you need to thoroughly discuss a client’s vision and be honest with him if you can make those visions come to life. You also need to define a specific due date for your deliverables.