How Much Do Small Business Owners Pay Themselves?

uptrendfinancialsignal

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• Feb 14, 2023

• #21

Majorly all small business owners take home all the profits as a take-home pay.

 

cherry123

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• Jun 4, 2024

• #22

This will depends on the business owner profit. You can be paying yourself 20 -30% of your monthly profit

 

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King Belieal

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• Jun 4, 2024

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It depends on so many factors like if the business owner has a source of income. But I do 40% of profits as my pay.

 

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Stardom22

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• Jun 4, 2024

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Almost all the small businesses depends on the part of profits that remains after deducting from the gross profit the business operational costs.

 

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Fidelia

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• Jun 4, 2024

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For the early stages of business, a small business owner should not take any part of the profit but reinvest it in the business. That's why business is for people that have a source of livelihood.

 

Kera

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• Jul 15, 2024

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I think it all depends on the stage of the business, the revenue and the profitability. Businesses that are just gaining stability have their owners pay themselves 50 of profits.

 

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Kosi G

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• Oct 12, 2024

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Small business owners can decide to pay themselves about 15% of their total profits at the very early stages.