Summary of Greg Crabtree's Simple Numbers, Straight Talk, Big Profits!

Please note: This is a companion version & not the original book. Book Preview: > The owner's salary is a key building block for your business. It is important to understand that you are paid a salary for what you do, and you get a return on what you own. As long as you don't pay yourself a market-based wage, your financial data is worthless. #2 If your company is an S corporation, it's a bad plan to pay low wages to avoid payroll taxes. The IRS will look for this when they audit your tax return. #3 The owner's salary is a key building block for your business. You must determine your market-based wage before you plug it into your financials. #4 You must pay yourself a market-based wage in order to have accurate financials. And as long as you don't pay yourself a market-based wage, your financial data is worthless.