How to Get Paid for Your SMMA Services
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- Опубліковано 24 жов 2022
- How to get paid for your SMMA services! Wondering how you get paid for your SMMA services that you are providing to your clients? This is a common challenge facing aspiring agency owners who are just getting their agencies launched. In this video, we unpack how to get paid for your SMMA so that you can start making money from the great work that you are doing for your clients!
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These videos are actually so incredibly helpful. So many SMMA gurus are all over youtube talking about everything except what we actually need them to talk about. Im 19 years old and just now starting to get into SMMA, and these videos have genuinely made the process so much less overwhelming. Anyways, i guess what im trying to say is thanks!
Yo!!! Pinning the heck out of this comment! Thanks so much for the feedback and so glad that you have been getting value out of the videos, we are pumped to have you here!
Just wanted to take the time to say that i love your videos, been thinking about launching my own SMMA Agency and your videos are really helping plan every little aspect about the business. Thank you guys, great stuff!
Hey René! Thank you so much for the awesome feedback and nothing makes us more pumped than hearing that it has been helpful on your journey!
Comments like this make the effort required to create these videos all worth it! Let us know what other questions you bump into, happy to answer and they help us know what videos to make in the future!
Appreciate the nuts and bolts, David ✌🏽
You got it boss!
Very helpful video and I love that outro!!!!
Glad you liked it!
Great video! What are your top 5 payment platforms?
hello love the vid keep up , i live in ksa so stripe is not available in my country any other alternatives?
Great video! Been thinking of joining the Blueprint month-end and just wanted to know if it is still active?
Hey Muneer! Pumped to have you here! Yes, The SMMA Blueprint is rocking and rolling! Would love to have you as a part of the community!
great video
Glad you found it valuable!
Can u make on a video on how to accurately price your service
Def, we can do another one, you can also check this vid out as well ua-cam.com/video/jthNkuNfocw/v-deo.html
Do you need to have lllc to receive payments? If not how do you pay taxes later ?
What if Stripe in not available in our country?
Is there any special bank account that you would recommend that can work overseas? I live in Germany, and I do have an account just in euros, but anytime I want to receive money from clients, the exchange rate is too much, and I just have to accept it.
Btw, your channel is amazing! Really, thank you for the great content as always.
I would ook into which banks offer the best exchange rates. I've found that some banks will give quite good rates and others are less than helpful. I can't offer you any exact suggestions as I'm not from Germany.
I would suggest googling something along the lines of "best exchange rate bank accounts for receiving international payments" but in German so that you can find banks local to you.
There might be banks that aren't high street banks that could work for you. In the UK we have a bank called Monzo and they are entirely mobile based and have no charges on exchange rates (at least they never used to IDK if that's changed) there might be something similar in Germany. Hope this helps, I know it's been a while since you posted!
I really want to start my agency already, but I live in Myanmar and the government basically closed of the citizens from recieving money from other countries. I'm trying to get advice from all around me there doesn't seem to be a way. So, if there's an alternative way for me to transfer and receive money, please do tell me. Anyways, I'm very thankful for all the truly invaluable content you put out for us.
so glad that you found the content valuable! honestly that is a bit out of our domain of expertise but i am sure that there are options!
What about paypal?
What would you recommend for minimizing the fees on stripe?
The fee's on stripe are industry standard at roughly 3% - there are very few payment processors below that fee. Another option is bill.com or taking ach payment from your clients or paper check. you sacrifice speed and convenience in both cases, but are great options
Want more information on how to start, grow, and scale your own SMMA? Check out TheSMMABlueprint.com 🤘🏻
You need an EIN now for stripe, is there anywhere to find a business bank account without having to be incorporated ?
Hey Giorgio, you are able to sign up with your SSN if you have one. You can open a normal bank account if you are a sole proprietor and track your funds separately there.
@@2GuysBuildaBiz Hey thank you for the quick reply
Hi fellas. My country doesn't support stripe. Can anyone give any tips or help me out with that? Maybe some other option or a way to bypass it?
paypal, veem, wire transfer, ACH
@@2GuysBuildaBiz Thank you so much
@@2GuysBuildaBiz please 🙏 What steps do you take to minimize the risk of your PayPal account getting suspended or banned when charging clients + $1000? Are there any best practices or precautions you recommend?
Hey man, i just had a question. suppose i am running ads right, the client accepts my deal $1500 a month, does the client fully pay the money in invoice platform(stripe) and we have to use our bank account to run their ads or how does it work? can you explain?
your service fee should be separate of ad spend, and they should pay the ad platform directly for the spend
@@2GuysBuildaBiz alright, suppose i signed a $1500 deal, how much should i keep as a fee and how much should i spend on ad?
Do we need to get registered our business to set up a stripe account
no, you can use your SSN if you are going to be a sole proprietor
Does getting paid in your name look unprofessional or do you need an LLC?
it really depends on how you are setting the expectations, having an LLC and an actual agency definitely can add an air of authority, but i would cross that bridge when you come to it
Can you recieve money as a minor?
What about VAT ?
I would look at the laws in your local country to see if this applies. Here in the USA social media marketing is not a service on which we charge an additional tax - although this is not always the case globally.