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10 steps for running an online business as an influencer

As traditional media declines and social media emerges, marketers are increasingly incorporating social media influencer marketing into their strategies.

Ste Davies reports that this is both a smart and popular advertising strategy, with 94 percent of marketers saying it’s effective and an increasing number of companies planning on using it through 2022.

Marketers pay social media influencers because they’re the gateways to their followers. When stars on TikTok, Instagram and other platforms post about a company’s service or product, followers see and engage with whatever is being promoted.

running an online business as an influencer


  1. Plan your Social Media Influencer Business

  2. Form your Social Media Influencer Business into a Legal Entity

  3. Register your Social Media Influencer Business for Taxes

  4. Open a Business Bank Account & Credit Card

  5. Set up Accounting for your Social Media Influencer Business

  6. Get the Necessary Permits & Licenses for your Social Media Influencer Business

  7. Get Social Media Influencer Business Insurance

  8. Define your Social Media Influencer Business Brand

  9. Create your Social Media Influencer Business Website

  10. Set up your Business Phone System

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