Why Aren't You Paying Yourself?

How long should you reinvest your profits into the business? There is a difference between profits and a fair wage for yourself. Don't make the mistake of not separating these out and you for sure want an end date.   ~~~~ **SMALL BUSINESS OWNER TIPS for RUNNING A PROFITABLE BUSINESS**   Click to Get Your Badass Business Owner Merch   Get the Free eBook: 8 Steps to Earning $100,000 in Income in Your Small Business   The Badass Business Owner Podcast is for Small Business Owners who are tired of living job to job but want to grow their business income & their personal income. In each episode, we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams. ~~ WEBSITE: BABOLearning.com YOUTUBE CHANNEL: BABO Learning for Badass Business Owners ~~ RECOMMENDED VIDEOS 6 Stages of a Small Business How to Read a Profit & Loss Statement Knowing Your Business Numbers   FREE GUIDES / TOOLS FREE eGUIDE: 8 Steps to Earning $100,000 in Income in Your Small Business FREE eGUIDE: How to Read a Profit & Loss Statement FREE Start Up Guide for Starting a Business   COURSES *** Understanding Your Business Numbers *** Start a Local Small Business     ~~~   Local Small Business Owners are the Backbone of All of Our Communities!      WHO THIS CHANNEL IS FOR: small business owners who serve their local community, local small business owners, service based business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, carpet cleaners, window cleaners, ice cream shops, QSRs, restaurant owners, mechanics, plumbers, electricians, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, pet business owners, & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money. Those who want to know their business numbers better!    **Some links might be affiliate links to products I recommend. I do receive a small commission (no extra cost to you) but I promise, I only recommend things I feel will benefit your business, mindset or goals   #BABOLearning #KnowYourBusinessNumbers #BadassBusinessOwnerPodcast