I am curious of all you Canadian Sign Shop owners what you pay "yourself" at the end of a 2 week period.
I am ready to leave the "home based business" and get into "my own bay"and feel as if I have short changed myself as I crunch numbers.
Posted by Dan Sawatzky (Member # 88) on :
Corey
I've been self employed for so many years I am out of touch with the marketplace as far as what it a good wage these days. I do know what our top employees make per hour.
I like to make more than that... its only fair, as I do own the company. Janis as equal partner gets the same matching salary as myself.
That being said, the truth is we get to take home what is left over at the end of the year. After everyone else has been paid. If I've done a good job that can be a pretty good wage and then some. If I have done poorly at my job it can be much, much less.
Janis likes to remind me that I'm now at the top of my game... we've invested a ton of time and gobs of money into the company for many years. If we don't make money now - when is it going to happen?
When I am deciding my wage, I like to think of myself as the executive of a small but very successful company, which does some top knotch work - which my customers can get no where else.
The rest of the time I am just grampa dan.
-grampa dan
Posted by Boyd Merriman (Member # 5514) on :
Pay? You guys get paid??
boyd
Posted by Laura Butler (Member # 1830) on :
If you were offered a job from someone else, what would you have to get to take that job?
[ August 29, 2005, 12:15 PM: Message edited by: Laura Butler ]
Posted by Lotti Prokott (Member # 2684) on :
Boyd... you said what I was thinking.
I just take what I need. Sometimes more sometimes less. When I have made some good money and take more....my teenage girls know of great ways of how to get rid of it fast.
Posted by Corey Wine (Member # 1640) on :
Reason for asking is I remember what I took home 2 years ago working for the man. It was average, about $300 MORE per 2 weeks than I pay myself "on average" now. I have heard from others starting a NEW BUSINESS and many say that there have been times where they paid themselves nothing but rather put money back into the company. I am tired of the knowledge that I make less as a boss even though I wouldn;t change working for myself for the world. What the market will bear has to do with alot of it and fear that customers will say YOU"RE TOO HIGH. is another fear of me upping my shop rate $10 more an hour.
Posted by Si Allen (Member # 420) on :
Corey....it is far better to lose a few cheapo customers...than to starve!
Posted by Deb Fowler (Member # 1039) on :
Lotti, You're girls know how to weed, tape and measure, right? My kids know how to weed and tape, and stir paint and unload lumber, but that's about all I can hope. This gets done before the mall if I can squeeze them. Oh, yes, this year, my son learned how to write bills of sale. Corey, I agree with Si. Actually, I think the "cheapo" customers are the expensive ones: as they "cost" me: a heck of a lot of grief, stress, time, and then mistakes to my good customers that I should have been more detail oriented and caring when it comes to the non-hassle, good-paying, respectful customers. That is what I mean by non-hassle (since they have color and material/design hassles sometimes, but are good professional folks and I love going the extra mile for them).
[ August 29, 2005, 02:20 PM: Message edited by: Deb Fowler ]