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How To Pay Yourself As A Small BusinessOwner

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Paying yourself should feel exciting… not panic-inducing and leave you feeling like you’ve somehow just committed a crime against your own business!

In this guide, I’ll cover how owner pay works based on your business type, the difference between owner draws, distributions, payroll + guaranteed payments, and how to correctly record owner pay in your books. If you’re a small business owner who’s ready to quit second-guessing how to pay yourself, keep reading!

NOTE: This guide is for educational purposes and is not intended as legal, tax, or financial advice. Please consult a qualified professional for your business.