4 ms·
> The typical profit of an owner-managed business is $39,000 per year. Before or after the owner/manager's salary? If the owner/manager isn't paying himself a
by icky 19y ago
> The typical profit of an owner-managed business is $39,000 per year.
Before or after the owner/manager's salary?
If the owner/manager isn't paying himself a salary, then it's more of an expensive hobby than a business.
- aston 19y agoProft = money left after paying expenses, salary included.