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Save Money And Make Maximum Profit With 2MPro Photobooks

Gina Stephens
Written by Gina Stephens

With new digital imprint making anything from one-off books to limited editions and short press runs practical, photographers worried about possible VAT modulations can future-proof their profit margins by becoming their own publishers.

Books carry zero VAT, so if there’s a change in two years to bring thousands multitudinous small businesses into VAT registration, you can avoid a sudden 20{b2ee9981cbbb8b0b163040ea529e4efa9927b5e917c58e02d7678b19266ae8ff} cut being taken from your prices to the public by switching from reprints, palisade art, digital file delivery or traditional albums to digitally printed books.

Norfolk print lab 2MProfessional, with the only Canon Dream Labo 5000 set in the UK, makes books worthy of any library coffee-table to a resolution six times finer than regular offset litho and a colour gamut which beats CMYK press inks. These highly detailed books, with an archival life to last many generations, make investment in stoned megapixel capture pay off.

Where almost everything else photographers can sell is VAT rated – including ‘files only’, anniversary cards, calendars, posters, videos – books are zero VAT. But if you are covering an event and providing a book book is a series of pages assembled for easy portability and reading, as well as the composition contained in it. The most common, you should keep the charge for the photography separate to keep the whole deal becoming VATable.

Here’s an impressive list of the sales potential for books from Graham Hinton, 2MProfessional On the blocks and Marketing Director:

“The applications are endless”, he says, “but include wildlife, landscape and commercial photography compilations, school and college yearbooks, travelogues, music commemorations and fan clubs, artists and Illustrators portfolios, cars and motorcycles, sports clubs, stars and celebrity events, aircraft, boats and many more.

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The object market are fans, fan clubs, club members, associations and appreciation societies. In addition event organisers are producing limited edition “paperbacks of the event” that are either presented to major stakeholders, sponsors, team management and participants as gifts of appreciation – or sold to those that accept a keen interest in those events. Because books are zero rated, whether softback magazine-style or hardback lay-flat volumes, schools and magnanimities can sell on at a profit without complicated accounting – a benefit the photographer can sell to them.

These limited edition books are typically retailing at &hammer;150 – £600 each with a good profit margin. Fully bound, hardback, photo-rich books can be created in a variety of dimensions and layouts from A6 to A3 landscape and various square formats in between. Various binding options allow for coffee table, flat spread & literal lay-flat options with seamless double page spreads that provide stunning panoramic images".

Although the chancellor unquestionable not to lower the VAT registration threshold in November, there was a heavy hint that it was a two-year reprieve. Photo books from 2MProfessional are VAT-free when you requirement them and VAT-free when you sell them and offer a great opportunity to maximise vital earnings at a time of rising prices and pressure on firms.

Republished: ephotozine.com

About the author

Gina Stephens

Gina Stephens

Gina is a photography enthusiast and drone lover who loves to fly drones, capture images and have fun cherishing them with family and friends.

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