The three ways an owner gets paid.
Formal salary through payroll, owner's draws, and distributions. What each one costs you in tax, in cash flow, and in how a lender or a buyer reads your books.
A Valoré session
Most owners at the revenue level of 500K to 10M dollars are paying themselves by feeling. Money moves when cash looks strong and stops when it does not. The number has never been set against a budget, and it has never been defended to an accountant.
This session fixes that.
Tuesday, October 6 at 3:00 PM Central. 45 minutes, live on Zoom. Free to attend, by application.
What we work through
The three ways an owner gets paid.
Formal salary through payroll, owner's draws, and distributions. What each one costs you in tax, in cash flow, and in how a lender or a buyer reads your books.
Where your pay belongs in the budget.
How to build owner compensation in as a planned operating line instead of whatever is left at the end of the month.
How to calculate what you actually need.
Working backward from your household requirement, then testing it against what the business can carry without starving operations.
When to elect S corp.
The conditions that make the election worth it, the ones that make it cost more than it saves, and the reasonable compensation standard you have to satisfy once you are in.
You will leave with a number you can defend and a structure to run it through.
Who this is for
Owners of service businesses doing 500K to 10M dollars in annual revenue. This is not an entry level session. Below that range the material will not apply cleanly to your situation.
This session is education, not tax advice. Confirm any S corp election with your tax preparer before you file.
Seats are limited and attendance is by application.