Cash flow is everything when you own a business.  As self-employed individual you wear “two hats”.  First and foremost, an owner must service the business debts and overheads and employee wages to keep the doors open.  Secondly, as your very best employee you want to ensure that your personal income is also protected so you can pay for personal expenses if you should become injured or sick, and are unable to work. Protect your business first, then protect your personal income.