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BusinessHub

SWBC's BusinessHub blog is a one-stop resource for business owners and company decision makers.

 

How to Calculate Your Paycheck as a Business Owner


how-to-calculate-paycheck-as-business-owner-body.jpgAs a business owner, you're tasked with making a number of decisions on behalf of your business, including what to pay yourself for the services you provide. Though a number of methods exist for determining a proper pay rate for yourself, you should keep a couple things in mind about all methods:

  • Every dollar you take from your business is a dollar that cannot be used to cultivate business growth.

  • Any money you withdraw as income will be taxed.

For a suggested calculation of your paycheck as a business owner, check out this infographic and example.

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Find more information about how to balance your business and personal finances in our free ebook.download-our-ebook-about-small-business-finance

Member SIPC & FINRA. Advisory services offered through SWBC Investment Company, a Registered Investment Advisor.

Not for redistribution—SWBC may from time to time publish content in this blog and/or on this site that has been created by affiliated or unaffiliated contributors. These contributors may include SWBC employees, other financial advisors, third-party authors who are paid a fee by SWBC, or other parties. The content of such posts does not necessarily represent the actual views or opinions of SWBC or any of its officers, directors, or employees. The opinions expressed by guest bloggers and/or blog interviewees are strictly their own and do not necessarily represent those of SWBC. The information provided on this site is for general information only, and SWBC cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information contained on this site. None of the information on this site, nor any opinion contained in any blog post or other content on this site, constitutes a solicitation or offer by SWBC or its affiliates to buy or sell any securities, futures, options or other financial instruments. Nothing on this site constitutes any investment advice or service. Financial advisory services are provided only to investors who become SWBC clients.

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