Episode 51

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

February 2, 202337m 14s

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Show Notes

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: [email protected]

Get a copy of my Book : Download Here

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