Quote Originally Posted by Freakie_frog View Post
Profit is an easy formula. Income > Expenses = Profit.
Agreed

How much do you need to pay yourself (income),+ overhead, (expenses include electricity, food, vet, cleaning supplies, hardware maintenance),
Then profit is left over and THAT pays the business. You use this to buy new animals, racks, etc.

I'm a contractor and one thing it took me a minute to learn that, what I paid myself IS NOT what. I pay the business. That is used for new tools, trucks, trailers etc. That does not come out of my personal fund after establishment. It should already be there.