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

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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