FAMILY BUSINESS AND PERSONAL FINANCE TROUBLES
I am a 24 year old (soon turn 25) and currently into my family business. My dad pays me roughly $1000/per month but it isn't sufficient. We have a small business which we started in November 2016 and things are picking up well and I have been getting few inquires lately for the business. However my salary doesn't cover my expenses so what should I do ?
1. Ask my father to set up a compensation/profit sharing plan at year end ?
2. Look for side jobs which will pay me around extra $500 per month ? or just leave his business and start working somewhere else ?
Any advice would be greatly appreciated and thanks in advance!