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Harness the double wealth power of your business Building a business is an effective way to create wealth as it offers two ways to create wealth: 1. Providing an income to you as owner. Income is the profit your business earns from its day to day operations after everyone has been paid (including you, for your work in the business). 2. Increasing the value of your business. Value is the price someone would pay, to buy your business. Profit and value are related. Value is largely, but not solely, influenced by profit. Here are two strategies to increase the profit and value of your business. Strategy 1: Establish yourself as a profitable business Here are some basic guidelines: 1. Establish a real profit In your sale price, ...