BizSugar.com › Management › Setting Your Salary As a Small Business Owner

The idea of a salary is quite a novelty for many new business owners, particularly sole proprietors and freelancers, who often settle for pocketing whatever’s left over once the bills have been paid. But what should you pay yourself and how do you balance that with the need to pump more money back into your business?

Let’s take a look at some of the key considerations and number-crunching that goes into setting a small business owner’s salary.