A portrait photography business provides high-quality, professional photos of individuals and families. Many businesses offer specialized services for things such as school photos, holiday cards, and family portraits. Because of the ability to offer these useful services year-round, portrait photography businesses play a vital role in the communities that they are located in.
Obviously, everyone has different things going on in life, so if you’re in a season where you can’t focus on your side hustle, it may not be a good time to start one. You could wait to start one until a better time for you (although I recommend putting a date on the calendar for this if there’s ever going to be a chance you follow through). If you’re just “busy” in life but it’s a normal season, they just go for it and give yourself a set schedule of when you’ll work on it every day.
Treat your business finances like your personal finances. You should be creating and sticking to a budget for both, allowing you to make your money work best for you. It's also important during this time to sock away as much extra money in savings as you can, to prepare for the transition from your full-time corporate job, to working for yourself. This is probably the biggest mistake I made, as I quit work in a huffy with only $3k in savings.
You need to wait until after you've chosen your business structure to finalize your name, since you may have to put an abbreviation after your name to symbolize that structure. For example, if you decide to create an LLC for your photography business, you may decide to name it "Pholly Photos," but if you've organized your business as an LLC the official name would have to be "Pholly Photos, LLC."
As for other tips, all I can say is “a penny saved is a penny earned”. If you are running out of ideas to make money, start saving. Some quick “low hanging fruit” tips to save some quick cash include – switch to MetroPCS or Boost for cellphone (I only pay $20/month), switch auto insurance to Insurance Panda ($25/month), and start using GasBuddy (saves me like $100/month at least. I drive a lot).