article thumbnail

Do You Know Your Lifestyle Ratios?

Stephanie LH Calahan

It might be fun to come up with a few lifestyle ratios to help you measure and move toward your personal goals.  You might have interest income, rental income, and investment income along with your business income or salary. Your Lifestyle Goals. What are your lifestyle ratios?  What’s on your “bucket list?”

Lifestyle 100
article thumbnail

Top Five Tips for Paying Yourself

The Small Business Blog

Salary and bonuses are taxed differently to dividends. If possible, get some advice from your accountant regarding the level of pay you plan on taking from the business. Research the going rate for CEOs in your industry. Learn about how your company structure affects pay. Don’t pay yourself too much or you will harm the company.

2007 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Small Business world News Round-up - 2009/10/27

The Small Business Blog

Here’s how to tell if your salary is sound. Do you earn what you should? Some entrepreneurs chronically pay themselves too little; others, way too much. Kelly the Intern: Angel investors and Green guidance : PROFIT’s crack researcher explains how to get notices by angel investors and where companies can get money for going green.

2009 100
article thumbnail

Reducing Overheads Can Save A Business | THE SMALL BUSINESS BLOG

The Small Business Blog

Back in time I build my factory in China at nearly zero cost – steal building, low salaries and no debt, in depressed market this is the way to survive and succeed. It was always uncontrolled growth without thinking that there is a million in company overhead every month. Digg Furl Netscape Yahoo! Digg Furl Netscape Yahoo!

2010 100
article thumbnail

The Art of Problem-Solving: 4 Creative Strategies to Tackle Your Biggest Obstacles

Success

You launched this side hustle in 2017 but recently left your salaried job to take this business seriously. . But you also like the lifestyle that your salary pays for: weekly dinner and drinks… lease payments on your Audi… the waterfront condo. Strategy 3: Fishbone Diagrams. The scenario : You’re Elon Musk and it’s Aug.

Salary 312
article thumbnail

New Small Business Startup Idea: Virtual Import/Export Assistant.

The Small Business Blog

But remember you are working with small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants , you need to keep the price low for them. Thank you a lot for so nice post.

2007 100
article thumbnail

You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

Success

This panic arrives the moment we realize we’ve strayed too far from the paycheck mothership and feel compelled to run back to the salaried womb. You can’t expect to live the lifestyle you had while under the protection of a payday every two weeks. Congratulations! It feels awful, but it’s perfectly survivable. Take a vacation.

Salary 363