Profit Sharing: Net Income or Gross Profit? - Business By The Numbers
Profit Sharing: Net Income or Gross Profit? - Business By The Numbers

Profit Sharing: Net Income or Gross Profit? - Business By The Numbers

Zig_Zag Geo

37 min
Entrepreneurship Strategy
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Description

<p>This week Hunt talks about incentivizing key employees with profit sharing and how to hold them accountable for the overall company and its profits.&nbsp;</p><ul><li>How to motivate key employees to think like owners</li><li>Pros and cons of giving key employees minority ownership</li><li>What are alternative options for incentivization?</li><li>Caveats for expansion and/or quick growth&nbsp;</li></ul><br/><p>The Show is sponsored by:</p><p>Shop-Ware on the web at <a href="https://getshopware.com" rel="noopener noreferrer" target="_blank">getshopware.com</a></p><p>NAPA Auto Care Repair Shop of Tomorrow at <a href="https://repairshopoftomorrow.com" rel="noopener noreferrer" target="_blank">https://repairshopoftomorrow.com</a></p><p><strong>Hunt Demarest, CPA</strong></p><p>Paar Melis and Associates – Accountants Specializing in Automotive Repair</p><p>Visit us Online : <a href="http://www.paarmelis.com/" rel="noopener noreferrer" target="_blank"><strong>www.paarmelis.com</strong></a></p><p>Email Hunt: <a href="mailto:podcast@paarmelis.com" rel="noopener noreferrer" target="_blank"><strong>podcast@paarmelis.com</strong></a></p><p>Get a copy of my Book :<a href="https://paarmelis.com/your-perfect-shop-book-download/" rel="noopener noreferrer" target="_blank"> <strong>Download Here</strong></a></p>

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GeorgiaRay

GeorgiaRay

Profit Sharing: Net Income or Gross Profit? - Business By The Numbers - Listen Free | WowFM