4 Tips On The Business Side Of Modeling, Part 2

August 25, 2022

By alexaphelece

Hello babes! Hoping that your week has been lovely, abundant, and productive. I also hope that after our conversation last week, you took to organizing and managing your invoices, clients, and other expenses! Today I wanted to elaborate a bit more on those subjects, as we delve into Part 2 of the Business Side of Modeling.

You probably already know or through my “4 Tips on the Business Side of Modeling Part 1”, have learned the overall importance and gist to invoicing. But in case you don’t, remember this basic rule of thumb… Don’t expect anyone to pay you unless you send that invoice and it’s on time!

That being said, let’s get into some more tips!

Tip 1: Invoicing Procedures

  • All agencies do things differently. It’s important to know what works best for your agent/agency as well as yourself.
  • What are their procedures for getting invoices signed and sending them back?
  • If the agency isn’t providing you with an invoicing book or receipt book as I mentioned in the previous blog, will you be using an app or an invoice be emailed or texted to you?
  • When doing things on your own log returned invoices. I like to use an app called “Cam Scanner” because it turns a photo into a pdf and I just save that file into my google drive.

Tip 2: Client and Agency Organization
I use Google Sheets to organize all my invoices. Regardless if the client is through an agency or through a relationship I built on my own.
On the bottom of my google sheet I use the tab at the bottom to create multiple sheets and separate clients based on agencies. ( you can also do it just based on each client.)

Within each tab there are columns and rows. Each column has a different label I set them to be as follow:

  • Date of invoice
  • The client the invoice is for
  • The subtotal of the invoice
  • The percentage I should receive
  • The percentage my agency gets

Tip 3: Review and go over your docs and files

  • Look back at these sheets once you are paid to verify it all checks out.
  • I like to mark my sheets in green or red to signify whether they were paid within 30 days.
  • Every client pays invoices on a different timeline. I personally like to create a standard of no longer than 30 days.

Remember to set and uphold your boundaries just like we have talked about in, “Setting boundaries as a Model”.

Tip 4: Deducting business expenses

  • It’s important to note that when working as a Model you are considered self-employed.
  • You can deduct business expenses from your modeling income such as specific uniform requirements, parking fees, or fees for travel.
  • When it comes to tax write offs it is important to know what qualifies as a write off because as a Model you will be able to get a small percentage back from your paycheck in your tax return.

If you’d like to learn about specific tax write-offs, expenses, or marketing techniques, keep a lookout for my one on one opportunities Where I cover and go more in depth into these topics and any of your questions about Modeling.
Now that you know even more on how to tackle those invoices, managing them, as well as some tips on what to consider as a write off expense…get at it darling! No one is going to do it for you and it’s so important to have a basic understanding and knowledge behind managing the money you have coming in from Modeling.
Please share these tips with your fellow Models if you found this article helpful!


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