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How much can you pay yourself in your small business? The answer isn’t a guess, it starts with knowing your numbers. Too many business owners pull money out daily for food, gas, or personal expenses without realizing they’re already paying themselves… just without a plan. If your pricing doesn’t include your labor hours, you’re underpaying yourself before you even start. Your Profit & Loss statement shows you the real flow of money in and out of your business and helps you determine what’s actually available. In this video, we break down how to think about paying yourself both as an “employee” in your business and as the owner. Whether it’s salary, owner draws, or both! It all starts with understanding your current situation and building a plan around real numbers. If you want to get paid consistently and confidently, your numbers have to lead the way. ----------------------------- DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS: 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com NEED A BOOKKEEPER? 👉 Check out BABO Bookkeeping. https://babobookkeeping.com We Take This Off Your Plate, So You Can Use the Numbers to Grow Your Profits! CONTACT ME: 👉 Bookkeeping for Your Business: tammy@babobookkeeping.com ----------------------------- 👉 Recommended Bookkeeping: The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks - You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments ----------------------------- Books I Recommend to Help You Take Your Business to the Next Level 👉 Start with WHY by Simon Sinek: https://amzn.to/4kR7P8V 👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC 👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR 👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi 👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8 👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m 👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS 👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7 ---------------------------- 👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better 👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I’m sharing my experiences with my businesses and those I have worked for and/or helped coach.