Do I need a remuneration strategy?
October 14, 2021
YES
As an owner-manager, your chief concern will be making your business profitable and building up cash reserves in the company. But you’ll also want to be able to extract funds from the business too – whether this is via a regular monthly salary, or ad-hoc dividend payment...
TAGS
Business AdvicecashflowforecastingBusiness PlanBusiness TipsCoachingDividendsEfficiencyForecastManagementPlanningSEISStax#change#plan#purposeAccountabilityAccountsAppsAutomationBalance Sheetbasis periodBBLS ExtensionbouncebackBudget 2021BudgetsBuyCustomersDeferred TaxesEquipmentEUVATfamilyFinancial awarenessFirst stepsFreedomfundingGoalsGrowGrowthHabitsHowIllegalInflationIOSSJob Retention BonusJob Support SchemeLeasemindfulnessMindsetnationalinsuranceP&LPersonalBudgetProductivityProjectsRemunerationReportingReportsSalarySaleableScalableSelf Employed Income Support GrantStrategySuccessSystemstax planningTechnologyTimeValueVATwellbeingwinter economy planworkingcapital