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SummaryAPI Photographers is a commercial photography and video production company located at 3111 Stonebrook Circle in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. Offsite photography for major food and logistic accounts are on hold. Companies are not booking studio or soundstage. The owner cashed in retirement and life insurance policy to pay business overhead.
Stabilization and Recovery Plan:
• Selling additional in house props and equipment on Ebay and to local photographers as new stream of income
• Using online platforms to conduct meetings with clients
• Plans to ramp up marketing efforts to include reaching out to previous clients who may have a new photography need
NEED Grant funds will be used for rent and salaries and overdue accounts.
Projected Total Jobs: