Paying Yourself as a Business Owner: Build a Sustainable Owner’s Salary
Date and time
-
Location
Online
Host organization
SCORE Kentucky
Type of event
Resource Partner event
Event description
As a business owner, you make sure your vendors, employees and operating expenses are paid, but your own compensation often comes last. Without a clear plan for paying yourself, you may be left taking whatever remains and wondering how much your business can realistically afford.
In this webinar, the Pilot co-founder and CEO will draw on years of experience working with small business finances to explain what it takes to build a business that can reliably pay its owner. You’ll learn how to evaluate your current financial position and make more intentional decisions about when and how much to pay yourself. In this webinar, you will learn:
- What business owners at different stages may realistically take home
- Why so many entrepreneurs delay or avoid paying themselves
- The difference between strategic reinvestment and indefinite self-underpayment
- The financial habits and business numbers that should guide owner compensation
- Practical steps toward building a consistent, sustainable owner’s salary