Payment Schedule, Payroll for Owners, & Yearly Reviews #AskSwenk ep 35

By Jason Swenk on June 14, 2016

What’s the Best Payment Schedule for Your Business?

Welcome to episode thirty five of my #AskSwenk series. In this episode, I discuss the best client payment schedule and how to get your clients to stick to it. Plus, whether the owner should be on payroll and how to handle those dreaded annual employee reviews.

Let’s jump right into it!

{1:14} Stuart asks: “We have tried to implement your payment schedule of 50% upfront, then 25%, 25%, based on milestones or timelines. However, we haven’t had any success with this, and clients have pushed back hard to get this upon them signing off on the work. Aside from not working with these clients, how have you handled pushbacks like this?”

{4:44} Adina asks: “Do you pay yourself a salary on payroll? My accountant says I need to pay myself like an employee and then remit payroll tax …for myself! Just wondering if this is common practice.

{6:37} John asks: “Should my company keep doing yearly reviews for my employees?”


How Can You Improve Further?

If you have more questions, I can help.

It doesn’t matter if you have been an agency owner for a while now or have just taken the leap and started a new agency, I have covered topics from the struggles you may face within your agency to leveraging Youtube in your marketing for your agency marketing strategy.

Learn more about me or you can check out all my tips, tricks and everything you need to know in my blogs. I have covered a wide variety of topics as well as answering your questions in more from my Ask Swenk series.

Are videos more your thing?  Don’t worry! You can check out my Ask Swenk series and more of my videos on my Youtube channel for advice from myself and other agency experts.

Would You Like To Get Access To A Proven Agency Framework For Growing Your Agency?