When to Start Paying Yourself as a Business Owner

When you are starting a business, the last thing you should be thinking about is paying yourself. What you should be thinking about is your budget and/or funding you may need to get your business off the ground. RELATED: How to Set Your Business Up for Financial Success Let’s fast forward a little bit. You are 2-3 years in. You are selling products, services or both and there is money coming in. (If there is no money coming in you need to make a change – that’s for another article.) Generally, if you are selling products when a product sells you make a profit. It really is that simple and at some point you should pay yourself for all of the hard work you have done. [convertkit form=4915104] With business, like your personal life you have several expenses – some variable and some not that you pay monthly. This is where

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