33 \\ The Dirty Little Secret About Paying Yourself: What Most Business Owners Miss

Are you a small business owner wondering how to pay yourself without messing up your finances or taxes? In this episode, we’re diving into the basics of paying yourself as an entrepreneur. We’ll cover everything from understanding your profits, setting aside taxes, and why owner draws might be your best bet—especially if you’re just starting out. Learn how to separate personal and business finances, calculate what you can afford to take home, and avoid common mistakes that can derail your business growth. Whether you’re just starting your business or looking to optimize your financial strategy, this episode is packed with simple, practical tips to help you run your business with confidence. Don’t leave your paycheck to chance—tune in and take control!

 

Episodes mentioned in the podcast:

🎧 Episode # 31 - Estimated Taxes: What Are They and How to Pay Them

🎧 Episode # 21 - Small Business Finance 101 for Entrepreneurs

🎧 Episode # 9 - 3 Strategies to Reduce your Audit Risk as an LLC

 

Next Steps:

💰Pay Less in Taxes – Start Here! 💰

☎️ Are you overpaying in taxes every year?  Schedule a FREE discovery call to find out!

📧 Contact Me --> hello@phillipsbusinessgroup.com 

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