Comment on [deleted]
UnderpantsWeevil@lemmy.world 10 months 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 10 months 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 10 months 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 10 months ago
I’d be happy to make only $50k/yr