What can i afford to pay myself if my business is grossing $100k a year?

Question

What is a reasonable percentage to pay myself....

Answer 1

depends on wt kinda business, how much effort u put in

Answer 2

Congrats! You have built a good business. The next step is to find a reputable CPA in your area who can discuss the best business entity for you to minimize your tax exposure. The CPA will also discuss with you good strategy for business growth. This is where you should get a good feel for how much you should put aside for future needs and what you should take as owner draws.

Answer 3

Only what you need.  Put the rest back into the business.  There are people who live on $10000 a year.  You can too.