Flash Commercial Photography
Flash Commercial Photography will be based in a conveniently-located studio space within half an hour of downtown Rochester, NY. The company was founded by Matte Flash in 1999. For more than ten years, Flash has operated as a freelance photographer specializing in commercial shoots, establishing a reputation among small businesses as a professional and talented photographer. Over this time, Flash’s business has steadily grown, including a variety of returning clients who rely on Flash for their product photography for pamphlets, brochures, websites, and other marketing collateral. Flash has operated without a devoted studio during this time, traveling to client sites and setting up a studio space wherever possible.
Flash Commercial Photography was established as a sole proprietorship in 1999 and is currently being re-established as a limited liability partnership to facilitate the participation of investing partners. Currently, all shares of Flash Commercial Photography are owned by Matte Flash.
Start-up expenses include the legal fees associated with re-incorporating the business, permits associated with a studio space, and the build-out of the studio space. Marketing includes a promotional campaign to alert customers and potential customers to the services and capacity Flash Commercial Photography is adding. Rent includes two months of studio rent to cover the build-out period and two additional months for a security deposit.
Long-term assets include additional photography equipment (cameras, tripods, backdrops, flashes, lighting) that must be purchased.
|Total Start-up Expenses||$24,500|
|Other Current Assets||$1,000|