The Money Leak of Free
Please review Proverbs 11 KJV is the bibile I am using. Listen to the audio:
Hopefully, you will see there is freedom in stopping the profit leak of blessing people with free. You will not create sales by giving away products and services but selling those at fair pricing is what is important. People do not understand how business works. Most people in business today think all business owners keep all the money they earn from a sale. If the business keeps all they earn from the sale, then they do not understand business management. You can not have a business with business expenses, yet I can tell you there are people out there that believe they can, and they believe they should not have to pay taxes. I am confused when business expenses are deductible, and they lower the taxable income while providing what you need to be in business.
Payroll is also one of the largest deductible expenses so although you have to manage and pay payroll taxes those are deductible under a C-corporation or S-corporation status.
Owner’s draw is not tax deductible, so owner’s draw is the taxable income. Sole proprietors and Limited Liability Companies (LLC), If you earn 70,000 and you do not have business deductible expenses and your personal deductions and credits are not enough to off set the income to $0 you will have to pay taxes on the difference.
Considering we have to pay some sort of tax the money to cover your taxes need to be accumulated per sale. The small business owner does not realize that you can not pay yourself the full sale. Since people do not realize this either they will always try and haggle a lower price. I am going to help you with spiritual mind blocks to stop this loss of profit. Create a fair and profitable pricing plan. Get the course: Creating A Fair Pricing Plan
Next, here are scriptures to support that we can be quodesh (set-apart) people of YAH and be profitable business owners.
Here is one religion twist the scripture:
This is not selling of the word of YAH, but he is selling a product. He is selling not giving away.
Proverbs 13:7 reflects those that have money and lie about being broke. I can tell you a lot of people tell this lie. The fake it to you make it are poor and pretend to be rich. Both are liars. Also, it means those of those that humble us and see YAHOSHUA through YARAH and we find great riches!!
Proverbs 22:16 shows the truth here because people lie about being broke so they can so-called “get blessed” with free work. Working free limits the other work you can create for pay therefore this is a form of oppression. These people will stop the wealth growth of others so they can increase. Do not let them stop you any longer!