Paying yourself as you struggle to maintain cash flow and keep the store open sounds laughable to many. However, in the grand scheme of things, mastering that could be just what stands between your business failing and succeeding.
Why, you ask? Like other employees in a company who put in the time and effort, you should be assured of a salary. Receiving a salary keeps you motivated, and helps you avoid stealing from your business, says Philippe Bresson, a film producer and owner of Insignia productions.