Episode 29: How Much Should You Pay Yourself as a Business Owner? (And How To Do It)
Do you pay yourself from your business? Do you know how to? Today's episode will help answer these questions. As business owners, it's important to pay yourself to avoid burnout and make sure that you're being adequately compensated for the time you invest in your work. So how much should you pay yourself and how do you do it? Listen to find out.
What's in the episode:
Owner's Draw vs Payroll - the technical "how to" [04:36]
How much should you actually pay yourself? [07:14]
How your business finances impacts your PERSONAL finances [12:50]
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