Most photographers price their mini sessions by looking at what nearby photographers charge and picking a number in that range. This approach has a fundamental flaw: you have no idea if the photographer you are matching is profitable. They might be losing money on every session and do not know it.
The right starting point for mini session pricing is your cost of doing business (CODB) — the actual money that leaves your account every month because you run a photography business. Your price has to cover that cost, compensate your time at a rate you have decided on, and still land within a range the market will accept. In that order.
Step 1: Calculate Your Cost of Doing Business
CODB is every recurring and amortized expense connected to your photography business. Not your personal living expenses — your business costs. Here are the six categories most photographers have, with realistic monthly ranges.