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re: Small family business grossing over 500k/year
Posted on 12/15/18 at 5:17 pm to Doc Fenton
Posted on 12/15/18 at 5:17 pm to Doc Fenton
quote:
Are you telling us that this is self-salary, legitimate business expenses, or owner's profit?
She pays herself $7k month salary and rest is mostly personal expenses and mortgage payments of multiple properties.
quote:
FWIW, it sounds like a nice business, whatever it is, despite the lack of growth.
That's the thing. I'm always so tempted to leave NYC and try to help her grow this thing, but I have unfinished business here in NYC and not really sure thats the path I really want to dedicate years to.
This post was edited on 12/15/18 at 5:19 pm
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