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https://quickbooks.intuit.com/global/resources/expenses/how-to-pay-yourself-as-a-business-owner/
Nov 24, 2020 · Owner’s Draw. The owner’s draw is the distribution of funds from your equity account. This leads to a reduction in your total share in the business. Also, you cannot deduct the owner’s draw as a business expense, unlike salary. So, if you are a sole proprietor, a partner, or an LLC, you can go for the owner’s draw.Estimated Reading Time: 9 mins
https://quickbooks.intuit.com/r/payroll/salary-or-draw-how-to-pay-yourself-as-business-owner/
Dec 14, 2020 · Step #6: Choose salary vs. draw to pay yourself. Once you’ve considered all of the above factors, you’re ready to determine whether to pay yourself with a salary, draw, or a combination of both. You’ll also have a better understanding of how much compensation you’re realistically able to take out of your business.4.1/5(52)
https://www.marketingdonut.co.uk/customer-care/customer-complaints/how-to-handle-customers-that-ask-for-compensation
Handle customer complaints. Whether you choose to offer compensation or not, handling complaints in a consistent manner is essential. Make sure that members of staff are trained to handle customers sensitively and appropriately, and where necessary, can take action to deal promptly with a problem. Always record information, including details of ...
https://www.businessnewsdaily.com/15831-create-compensation-plan.html
Sep 22, 2020 · In order to attract and retain top talent, you need to have a competitive compensation plan in place. The four primary direct forms of compensation are …
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