Free calculator for window cleaning owners
How much can a window cleaning business owner pay themselves?
A window cleaning owner often works on the ladders too. Pay has to come from profit across the year, because two seasons carry most of it.
The starting numbers are an example for a window cleaning business. Replace them with yours.
Three rules for paying yourself from a window cleaning business
- Set steady pay from yearly profit divided by twelve.
- Hold a winter reserve before any fall draw.
- Personal taxes come out of what you take. Ask your accountant how much to set aside.
What changes the answer for a window cleaning business
The spring rush can bring more cash in a month than winter brings in three. Spread it in your head before you spend it.
The worked example
In the example, the business keeps $21,500. That covers $14,000 for two payrolls, $3,500 of monthly bills and $4,000 due soon. Steady pay comes to $3,600 a month. Anything above $21,500 in the bank is spare.
A common question
Should a window cleaner take more pay in busy months?
Steady pay from yearly profit is easier to live on. Let the busy months fill the winter reserve.
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.