KYBN - Using Your Profit Loss to Determine Your Hourly Wage

  Using Your Profit & Loss to Determine Your Hourly Wage As a small business owner, your goal is to create a better a better life & income for yourself. But have you ever stopped and figured out what exactly you earn an hour? Sure you work tons of hours, but what exactly to you make? What if you could take your profit & loss statement and the number of hours you work, and using a simple calculation, determine what you make? This is especially helpful for anyone who pays themselves out of the business profits vs a typical paycheck.   ~~~~   The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.     HELPFUL LINKS   Youtube Channel – Training for Local Small Business Owners Join the Badass Local Small Business Owners Facebook Group! Leave a Question, Show Suggestion/Idea for the Show: Ask a Question Email me at [email protected] Visit the Local Small Business Coach website Thinking of Getting a Coach? Check out my work with me page Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business   WHO THIS PODCAST IS FOR: local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams