When did you last pay yourself a bonus? 💷

Let’s delve into a topic that sometimes slips through the cracks – Paying yourself a bonus. When did you last pay yourself a bonus? 💷

As small business owners, we often find ourselves prioritising business expenses, reinvestments, and sometimes even staff bonuses over our own rewards. While it’s crucial to ensure the financial health of your business, it’s equally important to recognise your efforts and contributions. Here’s why:

Motivation: Giving yourself a bonus is a form of self-recognition for the hard work and commitment you’ve put into your business. It’s a morale booster and motivator. 🏅

Valuation: Paying yourself a bonus also helps set a precedent for how you value your work, which can influence how others perceive and value your business. 💼

Personal Finances: Ensuring you’re compensated fairly helps keep your personal finances healthy, reduces stress and ultimately allows you to focus better on your business. 🧘♀

Balance: It’s part of creating a healthy work-life balance. You deserve to enjoy the fruits of your labour and reward yourself, just as you would reward a high-performing employee. ⚖

Remember, a bonus doesn’t always have to be monetary. It could be treating yourself to a holiday, investing in a course, or simply setting aside some “me” time.

If you’re struggling with how to structure your compensation or need advice on maintaining a healthy business-owner salary, feel free to reach out. Let’s ensure you’re not only building a thriving business, but also rewarding yourself for the tremendous work you’re doing. After all, you’ve earned it! 💪