Am I paying myself the right way? It’s a question many small business owners ask themselves on a regular basis, and for good reason! How you choose to pay yourself for your business can impact your company in important ways. In addition, you want to ensure you are taking the best approach for your unique financial situation.
The owner’s draw method and the salary method are the two most popular methods small business owners use to pay themselves. Keep reading to learn more about each of these methods, and contact Perfect Balance Bookkeeping and Tax Services for all the small business bookkeeping services you need to grow and manage your organization!