Episode Details
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Profit Sharing: Net Income or Gross Profit? [E051]
Episode 51
Published 3 years, 5 months ago
Description
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 owners
- Pros and cons of giving key employees minority ownership
- What are alternative options for incentivization?
- Caveats for expansion and/or quick growth
The Show is sponsored by:
Shop-Ware on the web at getshopware.com
NAPA Auto Care Repair Shop of Tomorrow at https://repairshopoftomorrow.com
Hunt Demarest, CPA
Paar Melis and Associates – Accountants Specializing in Automotive Repair
Visit us Online : www.paarmelis.com
Email Hunt: podcast@paarmelis.com
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