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Owner’s Draw vs. Salary: A Breakdown to Paying Yourself as a Small Business Owner

As the owner of a budding business, you have a lot of expenses to take care of. But have you considered how to pay yourself yet? If you have, you’ve probably heard of paying yourself via owner’s draw vs. salary. So, what’s the difference? And how can you make sure you select the best option for yourself and your business? It’s not simply black and white. Whether you take a draw or set yourself a salary, there are certain requirements you must follow and options to choose from

Aug 30, 20216 min read