Let’s face it. If you’re not paying yourself an income from your profits, you have a hobby, not a business. But at what point do you stop investing in your business and start paying yourself?
In this episode, I go over these three things:
- How to start small with income expectations and stay consistent to grow them
- What you need to sell to reach your income goal
- Resources through the Academy and tips and tools for successful bookkeeping
Sign up for access to free resources in the Shopkeeper’s Academy – you’ll get access to the formula and calculator I mentioned in this episode.
Until the next episode, be savvy and boss up!
Links to articles or resources mentioned in Episode #2:
- Blog post
- Small Business Trends article in 2018
- Shopkeeper’s Academy
- Savvy Shopkeeper Instagram page – @savvyshopkeeper
This episode is sponsored by Darice.
For over 65 years Darice has been a premier distributor of arts and crafts. From bulk supplies to on-trend home décor pieces, Darice has a broad selection of over 45,000 items across hundreds of product categories. Since its beginning, Darice has prided itself on being focused on the independent retailer. Let them be both your DIY source AND your resource. Their website features trend reports, small business tools, in-store project ideas and more. To best serve small businesses, Darice offers a low minimum order of just $75 and all orders ship at no additional cost! Visit Darice.com today to see their amazing product assortment at pricing you won’t believe. Listen to the episode for a special discount offer and code from Darice.
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