Profit Sharing: Net Income or Gross Profit? [E051]

Business By The Numbers
02/02/2023 37 min Episodio 51
Profit Sharing: Net Income or Gross Profit? [E051]

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Episode Synopsis

This week Hunt talks about incentivizing key employees with profit sharing and how to hold them accountable for the overall company and its profits. How to motivate key employees to think like ownersPros and cons of giving key employees minority ownershipWhat are alternative options for incentivization?Caveats for expansion and/or quick growth The Show is sponsored by:Shop-Ware on the web at getshopware.comNAPA Auto Care Repair Shop of Tomorrow at https://repairshopoftomorrow.comHunt Demarest, CPAPaar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online : www.paarmelis.comEmail Hunt: [email protected] a copy of my Book : Download Here

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