Comment on [deleted]
UnderpantsWeevil@lemmy.world 1 day agoBECAUSE HE’S THE OWNER AND GETS ALL THE PROFITS.
Unless he’s up to his eyeballs in debt, in which case he’s just an employee of his lenders.
Comment on [deleted]
UnderpantsWeevil@lemmy.world 1 day agoBECAUSE HE’S THE OWNER AND GETS ALL THE PROFITS.
Unless he’s up to his eyeballs in debt, in which case he’s just an employee of his lenders.
bassomitron@lemmy.world 1 day ago
Yeah, tons of small business owners often make diddly squat in profit. They might pull in a 7-digit revenue, but if their overhead and/or debt is crazy high, they might actually only be making like $50k/yr in take-home pay, if even that.
ReverendIrreverence@lemmy.ml 1 day ago
I’d be happy to make only $50k/yr