How it Works: Cashflow

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Cashflow Diagram

Profit Shares

  • Before work is begun on a project we assign profit shares.
  • There are a total of 100 points per project and those are allotted based on work effort, history with The Syndicate, experience, etc.
  • Everyone will agree on their allotment of profit shares before we start working.
  • Those profit shares turn into cash once the app launches and sells. There are some minimums to meet to receive a check (you know, since a 32ยข check is less than the postage it takes to get there...).
  • Minimums:
    • $20 monthly minimum
      • if you don't meet this then
    • $50 annual minimum
      • if you don't meet this then
    • everything goes back into the Syndicate Coffers and is divided up in the Annual Dividend which has a $50 minimum.

Annual Dividends

  • Earmarked profit shares that don't meet the annual minimum are put back in the Syndicate Coffers and go towards the annual dividend.
  • Annual dividends are split based on number of active projects completed in a year.
  • Apps that are free from the iTunes store are still eligible for annual dividends. If the syndicate prospers, you prosper
  • Fret not, there will be a chart and a little interactive graphic and a backend billing system to keep everything straight.