Dont most companies like that take minimal salary and pay themselves through dividend payouts to limit tax exposure since you are taxed lower on dividend payouts than on income past 60K or whatever the number is?
It would also depend what you mean by comfortably profitable. If you are comfortable and getting 70K a year, I would say be happy. As the other partner (given the relationship) would likely say if you want more than they could simply hire someone for cheaper IMO.
Or try to workout a situation of you buying your partners share of the company gradually if he/she is willing to sell.
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MYK - Supports Arizona to democtratically pass laws for the state of Arizona
Rudy was the only hope in 08
2011 Election: Cons 40% - Nanos 38% Ekos 34%
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