Episode 64

Ep. 64: How Much Should I Be Paying Myself?

Salon CEO Day: https://www.laurenlappin.com.au/the-salon-ceo-day

https://www.instagram.com/laurenlappin_

In this week's episode Lauren discusses one of trickiest questions in Small Business: as the Owner, how much should I be paying myself?

• "It's important that you reward yourself for the effort you're putting in". ~ Lauren Lappin.

• "Watching your Business grow is massively rewarding, but you also need to be financially rewarded". ~ Lauren Lappin.

• "Have a conversation with your Trusted Financial Advisor (TFA) about how much you could and should be paying yourself". ~ Lauren Lappin.

• "Investigate which Business Structure is most Tax and Advantaged for your business, and which structure gives you the most potential security over the long-term. (Talk to your Accountant or TFA)". ~ Lauren Lappin.

Allure's Instagram: https://www.instagram.com/allure_lashbeautybar

Everything Lauren Lappin: https://www.laurenlappin.com.au

....

This Episode was Recorded and Produced by Josh Liston at JCAL Media Group.

....

This episodes theme music (Title: 'Highlander'') is from the amazing 'Scandianvianz'.

Check them out on YouTube here and Subscribe to their Playlists: https://www.youtube.com/watch?v=NIGxBs8IPHM&list=PLzCxunOM5WFLOaTRCzeGrODz8TWaLrbhv&index=24

About the Podcast

Show artwork for Salon Goals
Salon Goals
Honest conversations about leadership, profit, and the realities of growing a beauty business.

About your host

Profile picture for Lauren Lappin

Lauren Lappin

Lauren Lappin is a salon owner and business coach with over 12 years experience building and running a successful staff-led beauty salon. She works with beauty business owners to help them lead better, make clearer decisions, and build businesses that are profitable, well-run, and sustainable long-term.