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Discuss Anonymous's answer to: Starting small business

When starting a small business, what percentage of income do you pay yourself and what percentage goes back into the business.

Anonymous Answer:

There are many factors that decide how much a business owner makes. Forecasting and budgets effect your profit as well as how well your business does. There are many expenses on a yearly and monthly basis that many people don't consider these expenses. Rent, taxes, insurance. I recently had to get ira retirement plans for my employees they offered me a bunch of quotes which helped me keep that cost down it increase my bottom line.