How to determine your salary as a plumbing business owner? #salary #plumbingbusiness

In this video, I break down the essential steps to determine your salary as a plumbing business owner. 💵 Too often, plumbing business owners struggle with paying themselves consistently, which can create cash flow issues and stress. Today, I’ll walk you through how to calculate a fair and sustainable salary for yourself, balancing your personal needs with your business's growth. By the end of this video, you'll be equipped to pay yourself what you're worth—consistently and confidently!

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▶️ Video Chapters:
0:08 – Introduction to Built for the Trades with Dan Dowdy
1:02 – The common story of a plumbing business owner
2:07 – Step 1: Understanding your personal finances
2:39 – Step 2: Understanding your business finances
4:19 – Step 3: How to start paying yourself consistently
5:08 – Step 4: Opening a profit savings account
5:45 – Final thoughts and encouragement