Purchase equipment frugally. Having quality equipment is important for taking high-quality photos, but you need not invest all of your savings in brand new, high-end equipment before you really start your career. You can buy used equipment in good working condition, purchase older models at a discount after a new model comes out, rent equipment, or even borrow equipment until you are sure that your business will be successful.
- When you do need to purchase gear, keep track of it for taxes since it is a tax write-off.
- Lenses are often a more important investment than camera bodies as they can be reused if you ever buy a new camera and usually provide a larger jump in image quality.