Owner’s Pay Box Owners
The 4 Key Numbers Real Revenue Owner’s Pay Profit Tax • Different than “Total Revenue” • Take home pay • What comes back to you because • This can be minimized • Makes all businesses • The cost of your lifestyle you are the owner of the business • The business generates the comparable • Also known as “Return on burden of the tax so it should Investment” be the one that pays the tax • You shouldn’t have to pay the tax out of your lifestyle money. 2
WHEN YOU TAKE MONEY OUT FOR YOURSELF It’s not always the same reason For Purpose of Profit Talk about For Purpose of Owner’s Pay tomorrow W-2 Direct Transfer to Your Personal Account Business Expenses for Personal Benefit 3
OWNER’S PAY IS ANYTHING THE OWNER TAKES FOR WORKING IN THE BUSINESS THAT CONTRIBUTES TO HIS OR HER LIFESTYLE Owner’s Pay
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