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How Much to Pay Yourself? Salary Dos & Don’ts for Small Business Owners

  • Employer advice
Small business owner looking at her finances
Photo of Gordon Galloway

Gordon Galloway, Vice President Finance

(Last updated )

Jump to section:

  1. Why your salary matters
  2. 1. Know your business structure
  3. 2. Check what the business can afford
  4. 3. Benchmark against industry standards
  5. Dos and don’ts of paying yourself
  1. Legal & tax basics (made simple)
  2. When to adjust your salary
  3. Key takeaways
  4. Need help ensuring HR compliance for your new business?

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