When starting a small business, entrepreneurs have a lot of things to think about, money-wise. Should you buy or lease your location? Do you have to rent equipment? When will you break even? Should you look for angel investment, or take out a small business loan?
Paying yourself is something you may also be curious about but embarrassed to ask. But fear not – our GoForth Expert is here to help! Check out what Samir Dandekar has to say about paying yourself as a small business owner. You might be pleasantly surprised to find out that it’s straightforward – it just involves a little planning.
If you’re starting out in small business, you may be wondering about what to pay yourself. When you had a traditional job, you got a salary or an hourly wage set by someone else, and you didn’t have to think about it much. But what do you do when you’re the boss? How and what should you pay yourself?