Sam (Caller)
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Podcast Appearances
Good.
What do you do?
I own a carpentry company.
We do finished carpentry.
It's just me, and then I subcontract out to two other guys on occasion.
So I do some supplies, and then I do the labor, and then my biggest expense, because I just started last year, was acquiring all of my equipment, which we were able to do predominantly through a cash flow, but some of it was done through...
Temporary debt that lasted a couple months at a time before it was paid off to buy equipment that was just absolutely needed for that moment.
I generally keep a balance on my box store card, but it's nothing that doesn't get knocked down every month.
I chop away.
I don't always have a zero balance there, though, because I try and figure out how to do capital and all that.
um yes and yes yes we are yeah we call it wasn't very convincing yeah so we we did last year and we actually ended up not paying taxes last year because of the amount of income so we've got money set aside as a part of our just we just have one savings account and how did you not pay income with a fifty four thousand dollar income
So, okay, so I think I misunderstood your question then.
So after taxes, no, I was not at 54.
I was down at 42.
Yeah, yeah, you're right.
I'm sorry.
I think I misspoke.
Sorry, apologies.
Hey, guys.
So cool to be on.