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Depends on what the business is worth, how much you want to put back into the business to grow. Probally more than any other employee. So you see it is not as cut and dry as you make it out to be. There there are a lot of variables to be considered.
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If after all the expenses have been paid, the taxes, the employees payroll, healthcare, the electric bill, etc etc... You can look at the checking account and see if you have enough to write yourself a paycheck. If you do good for you, if not no paycheck for you this week... You can pay yourself whatever you wish, as long as other expenses are paid first. Most small businesses find that their payroll checks sometimes come sporadically depending on the business. If the business is successful your paycheck should not be so much as to bankrupt the company. If you need a bank loan the bank will look as the reasonableness of your paycheck.
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How many years of college does it take to own your own business?
You can own your own business without going to college.
How do I get started in my own business?
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1,000,000- 2,000,000 per year
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If your smart enough to own your own business you should be able to figure this out.Several factors figure into this --like do you have employees and what percentage of your monthly net income are you reinvesting in your business so it will grow.Decide what amount you can live on without jeopardizing your business.
What is a difference between a self-employed and hired travel agent salary?
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Owners of a business generally do not get a salary, they get a portion of the profits.
What is the salary of entrepreneur?
An entrepreneur is a person who starts his own business as opposed to someone who works for somebody else's business. Therefore, the entrepreneur's income is not based on a pre-determined salary but on the amount of profit the business earns and how much of the profit the entrepreneur decides to keep for himself.
What was Harrison Ford's salary in Star Wars?
That's his own personal business. WikiAnswers does not give out personal information such as this.
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It depends if you own the business or work for someone. I own a part time carpet cleaning business and average $200 for a half night of work. It depends if you own the business or work for someone. I own a part time carpet cleaning business and average $200 for a half night of work.
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depends if you own your own shop or work for a company, for a company hourly rate of 11.69-20.46 yearly of 25,033- 52,219 for your own business total business sales minus tax bills and employment salary
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The members of Congress determine their own salaries, typically voting for raises every couple of years.
How do you pay yourself if you own the business?
You pay yourself a salary or hourly wage just like everyone else in the business. The most important thing is to keep good records.
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To start your own business, determine what there is a market for. Try to find something that you are knowledgable about. Write a business plan and then seek out a loan to start it up.
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The average salary starting out is probably around $50,000 working for the government. But the more experienced you are and if you have your own business you earn over 100,000 per year. It's an excellent field.
