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Marijuana Club Startup Guide

Owner's Salary

 

One of the first things to write down is your expected salary. Why? Because that's why you are doing this in the first place -- to provide a good salary.

Don't be extravagant. Just figure out how much you need to survive every month. Add up all your bills and financial obligations, your cost for housing, food, health care, and clothing, and all other expenses you expect to encounter over the next year. Then add a modest amount for savings and entertainment.

The resulting amount is what you should put down as your salary. If you make more than this, the world is great -- but get a clear picture of how much income you need to survive personally before you begin.

 

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