What to Do with Your Business Profits
Channel: Be a Badass Business Owner
Date: 2021-12-29

You run a great business and now you have some regular business profits. But what should you do with those business profits? Well, there are three key things your profits must be used for so let’s take a closer look at your business profit and what you should be doing with it. 


KEY MOMENTS IN THE VIDEO:

00:00 What to Do with Your Business Profits
00:13 Your Owners Wages vs Your “Employee” Pay
01:57 Three Things Your Profits Go Towards
07:03 How Much to Allocated for Each Bucket
08:35 More Business Numbers
  
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**TIPS for RUNNING A PROFITABLE SMALL BUSINESS**

Want more? Here are some videos to help on Pricing: 


 Pricing Your Products Correctly – https://youtu.be/AQ_mUb1E9MQ 
 Pricing Your Services Correctly - https://youtu.be/doAKxyRa4pM
 How to Read a Profit & Loss Statement - https://youtu.be/jFgqMVmXbx4  


WEBSITE: http://babolearning.com
Don’t forget to get your Badass Business Owner Merch - https://badass-business-owners.myspreadshop.com

FREE GUIDES / TOOLS
 FREE eGuide: 8 Steps to Earning $100,000 in Income in your small business - http://bit.ly/8Steps100k 
 FREE eGuide: How to Read a Profit & Loss Statement - https://bit.ly/ReadPL 
 FREE Start Up Guide for Starting a Business - https://bit.ly/BusinessStartUpGuide 
 Free Business Health Check: https://bit.ly/BABOHealthCheck
 Free eBook: 10 Questions to Ask in Your Business  https://bit.ly/10QuestionsBiz

COURSES to HELP YOU
 Understanding Your Business Numbers - http://KnowYourBusinessNumbersCourse.com 
 Start a Local Small Business – http://StartASmallBusinessCourse.com


PLAYLISTS TO CHECK OUT:
 PLAYLIST: Learning Your Business Numbers Better:  https://www.youtube.com/playlist?list=PLkSR9dYanvV1tPjNcLppOPDDBn6i4Sdzw 

 PLAYLIST: Learn How to Read Your Profit & Loss Income Statement: https://www.youtube.com/playlist?list=PLkSR9dYanvV1YssoiyqLBUlgxYy2hYADj



**AFFILIATE LINKS: I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

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Local Small Business Owners are the Backbone of All of Our Communities! 
 

The Badass Business Owner YouTube Channel is for Small Business Owners who are tired of living job to job but want to grow their business income & their personal income. In each video, we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams. Learn more about pricing correctly, your business numbers & your profit and loss income statement


WHO IS THIS FOR: small business owners who serve their local community, local small business owners, service based business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, carpet cleaners, window cleaners, ice cream shops, QSRs, restaurant owners, mechanics, plumbers, electricians, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, pet business owners, cake makers & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money. Those who want to know their business numbers better! 

#BABOLearning #KnowYourBusinessNumbers #BadassBusinessOwner