{"id":850,"date":"2022-08-06T23:56:16","date_gmt":"2022-08-06T23:56:16","guid":{"rendered":"https:\/\/fashionbusinessboss.com\/?p=850"},"modified":"2023-08-14T22:38:52","modified_gmt":"2023-08-14T22:38:52","slug":"how-to-pay-yourself-as-a-boutique-owner","status":"publish","type":"post","link":"https:\/\/fashionbusinessboss.com\/how-to-pay-yourself-as-a-boutique-owner\/","title":{"rendered":"How To Pay Yourself As A Boutique Owner"},"content":{"rendered":"\n

Being a boutique owner can be quite lucrative. However, there is some fluctuation in the potential earnings of your boutique. According to Zip Recruiter<\/a>, boutique owners make between $17,000 and $200,500 per year, with an average boutique owner making $72,160 annually. Of course, the amount of money your business makes will depend on a few important factors, such as the location of your boutique; the amount of foot traffic you see daily, and whether or not there is a demand for what you sell in your boutique. As a business owner, you may be wondering how you can pay yourself from the profits of your boutique. Well, I am here to tell you a couple of ways that you can get paid. <\/p>\n\n\n\n

To pay yourself as a boutique owner draw a weekly, bi-weekly, monthly, or annual salary. The second way to pay yourself through your business is to use the owner\u2019s draw. With this method, you simply take money from your boutique\u2019s profits on an as-needed basis. <\/strong><\/p>\n\n\n\n

Let’s read along to discover the pros and cons of paying yourself through both a salary that you draw on a predetermined basis or through an owner\u2019s draw. We will also take a closer look at a few of the factors that can affect whether you choose to pay yourself through a salary or owner\u2019s draw. By the time you are finished reading this article, you should have a much clearer idea of what method is best for your boutique and you.<\/p>\n\n\n\n

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