Aerial Northwest - How to Start a Drone Photography Business for Under $1000

In a world where the sky is not the limit but the beginning, aspiring drone pilots are discovering an exciting business venture in local commercial drone photography. Starting your own drone photography business on a budget may seem like a complex undertaking, but we’re here to show you how to turn your dreams into reality without breaking the bank.

This article will guide you through the essential steps, from choosing a name and legal structure to navigating licensing requirements, registering for a tax ID, becoming an FAA certified Part 107 drone pilot, and making savvy budget choices to keep your startup costs within $1000, making your journey as smooth as a drone in flight.

Section 1: Laying the Groundwork

Choosing a Name and Brand Identity

Your business name is the launchpad for your drone photography venture. It should be unique, memorable, and reflective of your vision. Spend time brainstorming and researching to ensure your chosen name is not already in use. Creating a distinctive brand identity will set you apart from the competition and help your business take off successfully.

Determining the Legal Structure

Selecting the right legal structure for your business is crucial. Options like sole proprietorship, LLC, or corporation each come with their own advantages and disadvantages. Consider factors like liability, taxation, and simplicity when making your decision. Consulting with a legal professional may be a wise investment to ensure you’re on solid legal ground.

Section 2: Navigating the Regulatory Skies

State and Local Business Licensing Requisites

Before your drone takes flight, you’ll need to comply with state and local licensing requirements. Regulations vary from place to place, so it’s essential to research and understand what’s necessary in your area. This may include permits and licenses for operating a drone-based business.

Registering for an EIN (Employer Identification Number)

An EIN, also known as a Federal Tax Identification Number, is needed for tax purposes and is especially important if you plan to hire employees or work with other businesses. It’s a straightforward process, and you can apply for one online through the IRS website.

Section 3: Earning Your Wings – Becoming an FAA Part 107 Certified Drone Pilot

Understanding Part 107 Certification

To legally operate a drone for commercial purposes in the United States, you must obtain your FAA Part 107 Remote Pilot Certificate. This certification demonstrates that you have the knowledge and skills required to operate a drone safely in the national airspace.

Preparing for the Part 107 Exam

Studying for the Part 107 exam is a crucial step in your journey. The FAA provides comprehensive study materials and resources, including the official Part 107 Study Guide. Many online courses and study guides are available to help you prepare for the exam. Dedicate time to understand airspace regulations, weather, emergency procedures, and aeronautical charts.

Taking the Part 107 Exam

Once you feel confident in your knowledge, you can schedule your Part 107 exam at an FAA-approved testing center. The exam consists of multiple-choice questions and requires a passing score of 70% or higher. Successfully passing the exam will earn you your Part 107 Remote Pilot Certificate.

Section 4: Investing in Equipment and Skills

Drone and Photography Equipment

While you’re on a budget, don’t compromise on the quality of your equipment. Research and select a drone that aligns with your business needs and offers the best value for your investment. Investing in a good camera and accessories is essential for producing high-quality aerial shots.

Developing Your Skills

Becoming a skilled drone pilot and photographer is equally important as owning the right equipment. Consider enrolling in a drone training program to improve your piloting skills and enhance your knowledge of aerial photography techniques. Continuous learning will help you provide top-notch services.

Section 5: Staying on Budget

As you embark on your journey to start a drone photography business for under $1000, it’s crucial to make cost-effective choices. Let’s break down the budget allocation for each essential component:

DJI Mini 2 Fly More Combo (Refurbished Unit): $439

Investing in a reliable drone is at the heart of your business. While the DJI Mini 2 Fly More Combo is known for its exceptional performance and compact design, purchasing a refurbished unit can significantly reduce your initial expenditure. DJI, a renowned drone manufacturer, offers refurbished units that are tested and certified to ensure quality, making it an excellent budget-conscious choice for your aerial photography needs.

Part 107 Exam Fee: $165

Becoming a certified drone pilot is a fundamental step in starting your drone photography business. The Part 107 exam fee covers the cost of taking the exam at an FAA-approved testing center. This investment ensures that you are knowledgeable about airspace regulations, weather conditions, and safety procedures, making your operations safer and more professional.

Business Legal Filing (LLC): $100

Establishing your business as an LLC (Limited Liability Company) is a wise decision for protecting your personal assets and managing liability. While legal filing comes with a cost, it’s an essential investment in the long-term success and security of your drone photography business. This process is commonly handled by the Secretary of State of the given jurisdiction.

Website Portfolio Builder and Hosting: $23

In the digital age, a professional online presence is a must for reaching potential clients. You can use budget-friendly website portfolio builders and hosting services to create a showcase of your work. A well-designed website will help you attract customers and display your drone photography skills effectively.

Google Workspace (Business Plus): $18

Google Workspace offers an array of essential business tools, including email, file storage, live chat, document creation (Docs, Slides, Sheets), YouTube, and more. These tools facilitate smooth communication, collaboration, and data management, making your business operations efficient and organized.

Printed Business Cards (500): $25

Traditional marketing methods still hold value, and printed business cards are a cost-effective way to promote your services. Handing out professional business cards at networking events and client meetings can leave a lasting impression and help you build valuable connections.

Smartphone (Already Owned): $0

If you already own a smartphone, you’ve got a valuable tool in your pocket. Smartphones can be used for various aspects of your business, from communication and scheduling to capturing quick reference photos on location.

Budget-Friendly Choices

Here’s a breakdown of budget-friendly choices to keep your startup costs under $1000:

DJI Mini 2 Fly More Combo (Refurbished Unit): $439
Part 107 Exam Fee: $165
Business Legal Filing (LLC): $100
Website Portfolio Builder and Hosting: $23
Google Workspace (Business Plus) (Email, File Storage, Live Chat, Docs, Slides, Sheets, YouTube, and other essential business tools): $18
Printed Business Cards (500): $25
Smartphone (Already Owned): $0

Total Drone Business Start-Up Costs: $770 (US)

When you add up these budget allocations, your total drone business start-up costs amount to $770 (US). This cost-effective approach allows you to launch your drone photography business without breaking the bank. By carefully managing your budget and making savvy choices, you can position your drone venture for success.

Conclusion: The Takeaway

Starting a drone photography business on a budget requires careful planning, smart budget choices, and a commitment to excellence. By choosing a compelling business name, determining the right legal structure, understanding local licensing requirements, registering for an EIN, earning your FAA Part 107 certification, and making cost-effective equipment and software choices, you’ll establish a strong foundation. Investing wisely in equipment and honing your skills will set you on the path to success. With determination and a budget of under $1000, your drone photography business can take flight, providing stunning aerial perspectives and thrilling opportunities for your clients.

Your drone dreams are closer than you think. Follow these steps and budget-friendly tips, and soon, you’ll be soaring to new heights as a successful local commercial drone photographer. Bon voyage!

Be smart, safe, and forever fly!

If you have any questions, let us know! If you’d like to hire us, you can get more information here.

Written by: Tony Marino, MBA – FAA Certified Part 107 Commercial Drone Pilot and Chief Business Strategist at Aerial Northwest

Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as legal advice.