Leslie Taylor & Associates Business Solutions

According to surveys and data from American Express and Payscale, the average entrepreneur pays themselves between $68,000 to $72,000 per year. Here’s a little secret- many entrepreneurs aren’t paying themselves at all! Let’s talk about paying yourself.

Are you (and is your business) ready to make the kind of money you say you want to make? Imagine your life 10 years from now, what do you want it to look like? How do you get your business ready to consistently create the kinds of profits that will enable you to get there?

Imagine if you believed something that was false and it caused you to lose money or miss out on making more money. Would you want to know about it? On this week’s vlog, I am discussing the myths that many small business owners believe that keep them with less cash at the end of the day.

The mention of financial statements, P&Ls, and balance sheets makes most small business owners uncomfortable. While there are several reasons for this, one of them is how these small business owners think about this area of their businesses. I am referring to their mindsets and/or thoughts.

Do you know what is and isn’t considered a business expense? I ask because in my experience, most business owners don’t know. Most think they do, but they don’t. In this week’s vlog, I will share so you can stay compliant with the law (which is important) and be better positioned to take all the tax deductions you deserve!