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963. The Owner’s Draw Dilemma: Why You Need To Start Paying Yourself More

The Kelly Roach Show

CHAPTER

Paying Yourself Adequately as a Business Owner

This chapter highlights the importance of business owners paying themselves a salary that reflects their role in the company and the potential consequences of not doing so. It emphasizes the impact on the evaluation, profitability, and saleability of the business, as well as the negative effects on mental and physical health. Additionally, it challenges the misconception of underpaying oneself to minimize taxes as a sound strategy.

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