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Paying Yourself
Determining your salary is one of the most important decisions you’ll make as a business owner. Here’s how to do it.It’s an age-old conundrum that faces every entrepreneur planning their business: What do I pay myself? There are a lot of different theories when it comes to this issue, but the two most common for startups are:
- Pay yourself enough to get by.
- Pay yourself what you are worth.
via Small Business Brief.
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