Tag Archives: Business

How Does My Small Business Repay Myself And My Partner If We Used Our Savings For Start Up?

By Increase Savings | Published: May 27, 2009

Let’s say a friend and I each used $10,000 each from our personal savings to start up a small business. We pay ourselves our salary each month but how does the business repay the start up money? Is it a seperate payment from the salary? We don’t claim it as income, correct?

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