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Was that profit after taxes? Or did it cost you $88k to run the business? Did you get to pay yourself?
by sethammons 2y ago
Was that profit after taxes? Or did it cost you $88k to run the business? Did you get to pay yourself?
- Thorrez 2y ago>Or did it cost you $88k to run the business? Why do you speculate that number? With $1M in revenue and $1.2k in profit, there must have been $998.8k in expenses. I assume "pay yourself" was part of the $998.8k. But I don't know the answer to the other part of your question: I don't know if the $90k in taxes are included in the $998.8k expenses.