Cashflow - weekly
Where are my profits going? Why can’t I ever pay myself? How much am I supposed to get paid as the owner?
These are common questions from business owners that do not properly allocate the cash that flows into their checking account.
Having a systematic, bi-monthly process to manage cash flow will cause you to:
- Learn how to get paid wages for your time worked in the business
- Also, take owners distributions from your profits
- And pay taxes
- And operate more efficiently by doing the above before you operate