Your Account>How To Start An Agency

Legal & Operational Set Up

LLC vs S-Corp?

Get an in-depth comparison between Limited Liability Companies (LLCs) and S-Corporations (S-Corps), and learn the implications for agency owners regarding personal asset protection and taxation. Of course, always check with an accountant!

Payroll & Benefits

Ready to set payroll? This module guides new agency owners through selecting and utilizing payroll and compliance management tools like Gusto for domestic employees and Deel for international teams. It covers setting up compliant and efficient payroll systems, managing benefits, and the importance of staying compliant with state and international laws.

Business Credit Cards

For agency owners looking to maximize rewards and manage expenses effectively, this module explores various credit card options:

  1. American Express Blue Business Cash: Recommended for its 2% cashback on all purchases without an annual fee, making it an uncomplicated choice for consistent cashback earnings. Earn up to $500 in cash with our link.
  2. Chase Ink Business Cash: Ideal for those with spending concentrated in specific categories, offering high cashback rates in those areas.
  3. Capital One: Similar to American Express, but with a lower credit score requirement and a fee, yet it offers no foreign transaction fees for international purchases.
  4. Mercury Credit Card: Offers 1.5% cashback and integrates seamlessly with Mercury banking services, suitable for those already using Mercury.
  5. Ramp: Known for its advanced spend controls, though it may not be the first choice for new agencies.
  6. Chase Ink Business Preferred: Features an annual fee but compensates with travel benefits and cell phone protection, plus bonus points in certain spending categories. Earn 100,000 bonus points with the Ink Business Preferred® card or up to $1,000 bonus cash back with this link.

Our recommendations are Amex Blue Business Cash and Chase Ink Business Preferred.

Accounting & Bookkeeping

Keeping your books and numbers clean is very important. Make sure you work with a CPA and a bookkeeper you trust, so you have a stress-free tax season and long-term financial health.

Our preferred expenses tracker is Quickbooks.

Click here to duplicate our invoice template for Google Docs.

Contracts & NDAs

Learn how to write and implement a Master Service Agreements (MSAs) and Non-Disclosure Agreements (NDAs) effectively. By the end of this section, you'll be well-prepared to create contracts and NDAs that safeguard your business while fostering professional trust and clarity in all your business dealings.

Notion HQ

At Slam, we’ve created an operating system on Notion that manages all aspects of our agency’s operations and projects.

With a focus on task management, meeting notes, document tracking, time tracking, client dashboards, and more, this template provides a centralized hub for your team's collaboration and organization needs. From setting up team workspaces to utilizing templates for meetings, feedback, and performance reviews, this guide walks you through each step of implementing and customizing it to suit your agency's specific requirements.

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