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Business strategy
Should You Pay Yourself As A Business Owner?
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[QUOTE="Ayuba Ernest, post: 255636, member: 70169"] As a business owner, you may be wondering if you should pay yourself. After all, you are the one who started the company and you are the one who is making it grow. So why not take all the profits for yourself? However, there are a few things to consider before you make this decision. First, you need to think about the long-term sustainability of your business. If you take all the profits for yourself, you may not have enough money to invest back into your business to keep it growing. Second, you need to think about your employees. If you don't pay yourself, you may not be able to pay your employees, which can lead to morale issues. Ultimately, the decision of whether or not to pay yourself as a business owner is up to you. There is no right or wrong answer, but you should weigh the pros and cons before making a decision. [/QUOTE]
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Should You Pay Yourself As A Business Owner?
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