2007-01-28 10:24:12 · 6 answers · asked by bill g 2 in Business & Finance ➔ Careers & Employment
You must establish your income with your company and make that a cost of the business. Too many times you get involved with a business and forget to pay yourself first. That is why you start your own business so that someday you can relax while residual income supplements your lifestyle. Even as a owner if you are precipitating in the workings of the operation you must get paid. No different than anyone else working for you. You want to pay yourself what you need to live the lifestyle that is comfortable to you.
2007-01-28 10:44:08 · answer #1 · answered by John O 1 · 0⤊ 0⤋
If you own a company how can you not know the answer to this Question?Figure out how much you are worth & pay you're self from you're business acount.
2007-01-28 10:31:44 · answer #2 · answered by jimbobob 4 · 0⤊ 0⤋
It depends on how you have your business structured. I am guessing you are a sole propriator. In that case it is simple take money out of the company as needed.
You need to keep your personal and business finances seperate so transfer any funds for personal use to a personal account.
2007-01-28 10:29:59 · answer #3 · answered by mutvulture 3 · 0⤊ 0⤋
employ yourself and cut ur self a check like everyone else in the company. you can pay yourself just enuf so you don't have to pay tax... in some state that's about 400 to 600 per month. :D
2007-01-28 10:31:38 · answer #4 · answered by ? 6 · 0⤊ 0⤋
Handsomely of Course
2007-01-28 10:27:45 · answer #5 · answered by Grianagh 5 · 0⤊ 0⤋
By check if you have a checking account and cash if you don't.
2007-01-28 10:30:17 · answer #6 · answered by jazzpaging 5 · 0⤊ 0⤋