Hey Janelle, I’m so thankful for your videos! Have you considered doing one on how much you should pay yourself as a business owner? Other than your wage as an employee, how much of your business profit is it sustainable to keep for yourself? Specially at the beginning when you may not be able to make/sell enough product to pay yourself a living wage.

@TheCakeMamas

2 жыл бұрын

Hey there! I would love to do a video like that! It really comes down to how much YOU as the individual want to make. As far as in the beginning, you should BARE MINIMUM be making minimum wage and that labor should be accounted for in your pricing. I'll definitely consider doing an in-depth video on this.

Thank you!!!! You are so helpful

Janelle, can you share the calculator for expenses, paying yourself and making profit? Thank you.

I had no idea about the write offs for meals and entertainment! Thank you I’ll look more into it!

@TheCakeMamas

2 жыл бұрын

HUGE one! As long as you're talking about business over a meal, it's a write off! Within reason, of course. And obviously based on what your business can afford.

Thank you so much! Boy do I have a lot of work to do!

@TheCakeMamas

2 жыл бұрын

You're so welcome! I'm glad it served you!

Thank you ❤

Helpful. thank you

@TheCakeMamas

Жыл бұрын

Glad it was helpful!

You are awesome and nice tips :)

@TheCakeMamas

Жыл бұрын

Thank you!

hello, just came across your videos, love them. Questions why did you sell your bakery?

@TheCakeMamas

Жыл бұрын

Thanks so much for the LOVE! Glad you're here. I talk all about it in my podcast! You can listen to it here: podcasts.apple.com/us/podcast/when-youre-just-done-how-to-push-into-the-next-level/id1483776062?i=1000466954963

Thank you so so much for this. I'm watching from South Africa, and this is so helpful. I will obviously change all things according to my country rules and regulations etc. This video has been of great help Janelle!

@TheCakeMamas

Жыл бұрын

So glad it served you!

There are no links

Thank you, thank you, but I didn't see the links.

how do i protect not only the brand name logo etc but the recipes?

@TheCakeMamas

Жыл бұрын

I would make your staff sign an NDA to protect your intellectual property

To get a business bank account you do need an EIN. Banks will not sign you up for a business account without it.

@bustkateers4

Жыл бұрын

I commented this before you said it in the video. 😅 disregard