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How Much Should You Pay Yourself as a Business Owner?

October 17, 2016

While reinvestment in business has its own perks, investment in oneself is vital too. For ages, every entrepreneur has posed this question once or too often: how much should I pay myself from my business? Everybody adopts a different approach to answering this question, but we save you the trouble of running endless google searches and present you the best ways to deal with the issue.

It is important that you pay yourself

Before we proceed to sort out the matter of how much, you need to be sturdily convinced that you must allocate a fixed sum from your income as your pay even when you are a sole proprietor in your business.

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