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Overpaying Yourself is Draining Your Profits
Manage episode 410762882 series 2513473
Are you leaving money on the table by overpaying yourself?
As a Breadwinning business owner, it’s important to pull a paycheck from your business.
What you don’t know is, that basing your salary purely on sales percentages is actually hurting your profits.
You want to become a good steward of the money that is coming in and out of your business. That way, you can set your revenue up for consistent growth.
For this week’s Breadwinning Business Women, I talk about why overpaying yourself is draining your profits.
I will share …
🔑 Why you shouldn’t base your salary solely on revenue percentages;
🔑 The strategy for allocating revenue effectively to ensure sustainable growth in your business;
🔑 How you can pay yourself a salary without breaking your business bank account.
Episodes and Websites Mentioned:
🌟 Ep 190 | Paying Yourself First
🌟 Ep 174 | Pay Yourself a Salary
🌟 Ep 194 | Switching from Proposals to Packaged Pricing
If you're ready to take the learning to the next level…
👉🏾 I’m currently enrolling clients for April. If you’ve been secretly wanting to work with me for months, stop sitting on the fence because this is your chance.
The Private Client Experience is a 6-month 1:1 coaching program for women who want to double their sales.
We master sales, online marketing, money mindset, and building a profitable business model.
To get started schedule a consultation call with me.
On the call, we will discuss your goals for the next three months and what steps that you can take to double your sales using my proven framework.
I look forward to talking with you.
To your success,
Jamila
271 jaksoa
Manage episode 410762882 series 2513473
Are you leaving money on the table by overpaying yourself?
As a Breadwinning business owner, it’s important to pull a paycheck from your business.
What you don’t know is, that basing your salary purely on sales percentages is actually hurting your profits.
You want to become a good steward of the money that is coming in and out of your business. That way, you can set your revenue up for consistent growth.
For this week’s Breadwinning Business Women, I talk about why overpaying yourself is draining your profits.
I will share …
🔑 Why you shouldn’t base your salary solely on revenue percentages;
🔑 The strategy for allocating revenue effectively to ensure sustainable growth in your business;
🔑 How you can pay yourself a salary without breaking your business bank account.
Episodes and Websites Mentioned:
🌟 Ep 190 | Paying Yourself First
🌟 Ep 174 | Pay Yourself a Salary
🌟 Ep 194 | Switching from Proposals to Packaged Pricing
If you're ready to take the learning to the next level…
👉🏾 I’m currently enrolling clients for April. If you’ve been secretly wanting to work with me for months, stop sitting on the fence because this is your chance.
The Private Client Experience is a 6-month 1:1 coaching program for women who want to double their sales.
We master sales, online marketing, money mindset, and building a profitable business model.
To get started schedule a consultation call with me.
On the call, we will discuss your goals for the next three months and what steps that you can take to double your sales using my proven framework.
I look forward to talking with you.
To your success,
Jamila
271 jaksoa
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