Profit Sharing Explained | Should You Offer Profit Sharing in Your Business?

by | Aug 1, 2022 | Profit Sharing Plan | 3 comments

Profit Sharing Explained | Should You Offer Profit Sharing in Your Business?




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What the heck is profit sharing and why would you do it in your business?

In this video Joe shares how it might work well in your business and increase profit. He’ll also walk you through some of the pitfalls and how it can go terribly, terrible wrong.

He’ll cover:
1) The benefits and pitfalls of profit sharing
2) Part of the Avalon journey with profit sharing
3) Why opening your books to your team can help

Important links:
Avalon website:
The Great Game of Business by Jack Stack:

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FAQs
What Can I Write-off?
Should I incorporate my business in Canada?
What is a shareholder loan?
When and How Should I Hire an Employee?
Should I offer profit sharing?

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LEARN MORE ABOUT: Profit Sharing Plans

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3 Comments

  1. Ben Chesterman

    Majorty of profit goes to Government Arsehole in Australia… social democracy sucks

  2. Fayetteville Appliance Repair | Fayetteville, NC

    ive listened to the little information there is on the subject on youtube! This was it! This was the one! Thanks for the great information. Do the numbers first, and know when you will profit.

  3. Jacob Gillette

    Amazing video thanks so much!

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