Free calculator for pressure washing owners
How much can a pressure washing business owner pay themselves?
Most pressure washing owners still run a trailer. Pay yourself for your field work, and take owner profit separately, from the whole year's results.
The starting numbers are an example for a pressure washing business. Replace them with yours.
Three rules for paying yourself from a pressure washing business
- Pay yourself a fair wage for the jobs you run.
- Hold a winter and equipment reserve before any summer draw.
- Personal taxes come out of what you take. Ask your accountant how much to set aside.
What changes the answer for a pressure washing business
A busy summer can make cash look plentiful. Winter and the next equipment purchase both draw on that same cash.
The worked example
In the example, the business keeps $17,000. That covers $10,000 for two payrolls, $3,000 of monthly bills and $4,000 due soon. Steady pay comes to $2,800 a month. Anything above $17,000 in the bank is spare.
A common question
How much should a pressure washing business set aside for equipment?
Enough to replace your most-used pump or surface cleaner without missing payroll. Their age and hours tell you roughly when.
Know what is safe to take, every week
One Page CFO shows the cash above your safe line every Monday, from your QuickBooks, checked by a CFO.