Recap + PAT Test
DAY 72 OF 1825 // MONEY - £1222.04
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Yesterday I had my equipment PAT (Portable Appliance Test) tested, a requirement when renting out space, make sure your equipment is healthy and isn’t suddenly going to explode and wipe out a bunch of kids.
Unfortunately, the electrician fried one of my lights, while looking for the ‘earth point’ he tested it off the pc sync socket and smoke started to come out of my poor little studio light.
The guy knew what he done exactly after it happened, he was very calm and just asked me to send it away for repair and send him the quote. Big props to him, I’ve been in slimier situations in previous jobs, It’s the scariest and hardest thing to deal with.
I’ll be borrowing a set of lights from my fathers shop until it gets sorted, I’m a very lucky to have such access to equipment.
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Phase 1.9 – Method Preparation
A quick recap on what I’ve done and what I need to do, I’ll also go over how much I’ve spent so far.
Completed
Logo and Branding
Price Lists / Designed
Receipt Database / Customer Copy
Basic Ledger
Parental Wavier
Physical Studio – Walls, Feet and frames up
Back drop purchased
Tables purchased
Printer setup and sorted
Beanbag for baby shots purchased
Need to be done before 6th
Setup lights + back drop, take photos
Print photos, frame them on studio walls
Finish off ‘Coming Soon!’ poster – put up in shopping centre
Print up hand out price lists
Contact local paper, try and get them to run a story on ‘PhotoNOW!’
Make up a reprint order sheet.
Money I’ve spent so far
Materials for walls (Cut wood, nails, everything) – £347.53
Lastolite Backdrop – £396.00
Frame Order (First part of order) – £400.00
Ikea pillows / Beanbag – £78.51
Total – £1222.04 INC VAT – I have receipts for everything, when I reg myself as a LTD company I’ll be able to claim it back about £180.00.
Money that has yet to come out
Rent for two weeks – £1035.00
Frame Order (Second part of order) – £325.66
If I hit my average target of £320.00 of photographs per day, I will have seen the return on my investment in just two weeks and that includes paying myself and my editor £50.00 a day.
I’ve updated the ‘cash counter’ at the top of the page. Though I originally decided I wasn’t going to count my initial investment in my overall mission, with my personal bank account starting to bleed, I’m going to need to pay myself more to set myself straight.
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