As a business owner are you on salary?

eldavis

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• Oct 29, 2023

• #1

I met a coach who said business owners should put themselves on salary, that this would help them save more and not spend all of their profits. Personally i think putting yourself on salary is a good idea, it would help you save and at the same time better manage your income.

 

T

timewo

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• Oct 29, 2023

• #2

At present due to widespread financial fraud and corruption in the internet sector which I am unable to end despite my best efforts, I am making a huge loss and I cannot afford to pay myself a salary.

 

fcbetting

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• Oct 29, 2023

• #3

Even if you are owner, you are worker to so you must have salary. According to law every worker must have salary. It can be minimum wage but it can be bigger amount to.

 

cherry123

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• Oct 30, 2023

• #4

For me j would give myself salary all the time. I know putting oneself on salary is a very good idea as it help one save and spend less money at the same time

 

IB D

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• Nov 9, 2024

• #5

I pay myself from what the business makes every month as the owner but I am not on an fixed salary.

 

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King Belieal

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• Friday at 7:48 AM

• #6

I am not on salary but I take profits and decide an amount that would be put back in the business.

 

nomad

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• Yesterday at 10:19 AM

• #7

I operate a small business and I cannot afford to give myself a salary, I mostly take a cut from the profits