There are two ways to make money from a financial services business: wages and profit distributions. But, there are four ways to build wealth from the same model:
- Wages (including bonuses)
- Profit distributions
- Equity income selling equity
- Equity value, or stock appreciation
Properly structuring your cash flow and compensation systems are the key to maximizing profit, encouraging business growth, and creating sustainability.
Explore examples of effective cash flow and dive deeper into the different types of compensation for you and your team, including when and how to properly apply them, in our latest article, "Remodeling Cash Flow." Click below to download for free.