✉news BusinessBusiness first seen 19 h ago, last 15 h ago, peak #5
Pet-sitting business nets owner just $50,000 despite big revenue
Original: My friend’s pet-sitting business grosses $300,000 a year, but she pays herself $50,000. Should I start one too?
A Moneyist columnist answers a reader wondering whether to launch a pet-sitting business after learning a friend's company grosses $300,000 a year while she pays herself only $50,000. The question highlights how high revenue does not guarantee high take-home pay, once costs, insurance, staffing and taxes are factored in, and has prompted debate about whether such service businesses are worth starting.
Why now: Readers are weighing whether a pet-sitting venture is financially worthwhile given the gap between revenue and owner pay.
MarketWatchpet-sitting industry
Rank over time, top of the chart is #1. 4 snapshots from 19 h ago to 15 h ago.
Evidence
- My friend’s pet-sitting business grosses $300,000 a year, but she pays herself $50,000. Should I start one too? · MarketWatch
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