Best Way To Pay Yourself As The Business Owner
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July 2, 2018
Determining how to pull money from your business is a critical step in a small business ownership. Whether you take a draw or a salary, makes little difference if you are a sole proprietor. A combination of salary and draw is typically how most small business start. When the business is doing well, the draw can be easy to utilize, but remember that the business will need cash flow when times are leaner so overdrawing on the business can cause issue down the road.
Read MoreNavigating The Treacherous Water Of Small Business Loans
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July 2, 2018
Determining how to pull money from your business is a critical step in a small business ownership. Whether you take a draw or a salary, makes little difference if you are a sole proprietor. A combination of salary and draw is typically how most small business start. When the business is doing well, the draw can be easy to utilize, but remember that the business will need cash flow when times are leaner so overdrawing on the business can cause issue down the road.
Read MoreBaby Boomers Are Not Retiring And The Impact On Small B...
by
July 2, 2018
Determining how to pull money from your business is a critical step in a small business ownership. Whether you take a draw or a salary, makes little difference if you are a sole proprietor. A combination of salary and draw is typically how most small business start. When the business is doing well, the draw can be easy to utilize, but remember that the business will need cash flow when times are leaner so overdrawing on the business can cause issue down the road.
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