I own a photography business specializing in weddings. I've owned it for about 3 years now. The original owner (and a close friend) of the successful photography business passed away while I was working for him. He owned the business for over 20 years and no one in his family wanted anything to do with the business so all the cameras/camcorders (30 of them), lights, backdrops, and everything else in his studio were given to me so I didn't have to put too much money into the business. I make anywhere from $35,000 - $50,000 per year depending on how many couples I feel like booking. I don't have any employees and it is hard work.

Because I was working for the original owner of the business for 7 years, people (customers and other vendors) in my area knew me quite well (which saved me from spending too much money on advertisement) so I haven't had any problems booking weddings since I took over the business so the money came in immediately.