Studio Time

There will come a time when I am no longer at University when I will require the use of a fully equipped studio.

I am moving towards having my own lighting and product/table top studio set-up. However there will be times when I need the use of a studio and studio lighting. Over the last year I have looked for ways to do that. The best is to have my own at home. However the costs of set-up have to be weighed against the amount of use and profit it will make for the business. In the first few years, until profits accumulate, this isn't going to be feasible. Hiring a studio therefore offers a better solution in these early stages of operation.

I recently met up with a very talented, creative person who offered some advice on resolving an issue I was having whilst creating my PhotoFilms in After Effects. Their workspace has meeting room, office and best of all - studio. We have come to an agreement on hiring charges for the studio and equipment. I will be revisiting during February with the intention of itemising the equipment available.

My dream would be to have a similar set-up in the future. I am going to research what business start-up office/studio spaces are available locally and if there are any financial incentives available in the form of grants from local authorities/Government/arts council etc. I know that some places offer seed rents for new businesses. Knowing my local area I don't think this is available - but it wont stop me asking the questions and doing the research. I also received some interesting advice about asking banks for loans. All of this information is going into my research folder along with information about insurance, copyright, website, financial strategy, intellectual property, terms and conditions, HMRC, accountant, solicitor, marketing strategy, equipment replacement programme and wish list for equipment.

There is something to be said for having office/home separate at some point. At the moment though it is great to be able to start working whilst you are still in your pyjamas!

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