Access Your Funds from Sales Faster! (Shopify Balance Review)
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- Опубліковано 15 лип 2024
- Shopify has a new service called "Shopify Balance" that gets you access to the funds from your sales faster.
Similar to how PayPal works, Shopify is really helping those who don't always have the funds to purchase their dropship orders or need quick access to their capital.
Shopify Balance also has partnerships where you can save a lot of money on some services you are probably already using.
Using this free service from Shopify could help you make purchases faster and help keep your business moving in the right direction.
I generally would suggest building your business credit with credit cards and earning rewards but Shopify Balance is a great way to make purchases if you don't yet have the credit for big brand credit cards like AMEX.
Shopify Balance:
www.shopify.com/balance
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Some of what I do!
Private Label
www.PrivateLabelExtensions.com
Get the Hair Business Blueprint Book:
hairbiz.tips/FearlessBeauty
Dropship Bundles:
www.dropshipbundles.com/
Dropship Beauty:
www.dropshipbeauty.com
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00:00 Intro
01:20 Shopify Balance Review
04:42 Get Paid Faster
11:37 Rewards
14:31 Exclusive Offers
17:50 Final Thoughts
Thank you honest man
Do you have to add money from your personal bank account to this new Shopify balance business account to fulfill payments and get the customers money onto my Shopify balance? And if that’s the case can I transfer all that money from Shopify balance to my personal bank account?
So grateful for you posting this! About to launch my store!! 🥳 can you make the video for hacking the system?
Hacking what system, exactly?
@@HairBusinessBlueprint Wtf is she talking about???🤔🤔🤔
Would you recommend sending money from Shopify balance to a business bank account? Or just have your money go directly to the business bank account?
Thats what I'm trying to figure out. Do they allow or have a option for you to transfer to your business banking acct. vs you having to withdraw from there acct in order to deposit into your business acct.
@@tieshamorrison2212 I found out you can transfer to another account. Just depends on if you want to have it go directly there when someone purchases from you, or if you want it to go to your shopify account first.
Common sense: if you are going to reinvest to your business either leave it there or send it to an external business bank OR send it to your personal bank account (pay yourself)
@@candyluna2929 they were asking the question though are you able to transfer from the Shopify balance to your bank account?