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How much do you get paid if you have your own business?
Just wanting to know
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Olivia Alford
I am a Strategic Initiatives Manager. My job is related to strategic planning and am a Project Manager.
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Olivia’s Answer
Hi Kayla,
How much you get paid when you own a business depends on the type of business and how well it does. Some business owners don’t make much at first, and others can earn a lot over time. Income can change from month to month, especially in the beginning, and many owners reinvest money back into the business before paying themselves. Pay is not always like a steady job, but if you make good financial decisions, owning your own business can be very rewarding.
How much you get paid when you own a business depends on the type of business and how well it does. Some business owners don’t make much at first, and others can earn a lot over time. Income can change from month to month, especially in the beginning, and many owners reinvest money back into the business before paying themselves. Pay is not always like a steady job, but if you make good financial decisions, owning your own business can be very rewarding.
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Magan’s Answer
Your earnings depend on the type of business you have. They also rely on how much money your business makes and the profits you earn. If you spend more than you earn, you might not get paid. But with careful planning and effort, you can improve your business and increase your income.