Profit Sharing Explained Should You Offer Profit Sharing in Your Business

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The MORE Subscribers we have the MORE videos we can post, so please SUBSCRIBE http://bit.ly/AVASUB, hit the 🔔 and LIKE this video. THANK YOU!!! • If you are looking to incorporate and want to save some cash, check out Ownr with our affiliate link: http://bit.ly/OWNRAVA • 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: https://www.avalonaccounting.ca/ • The Great Game of Business by Jack Stack:https://www.amazon.ca/Great-Game-Busi... • Connect • Website: https://www.avalonaccounting.ca/ • Facebook: / avalonaccoun. . • Instagram: / avaloncpa • LinkedIn: / aval. . • ****************************** • 🧑‍🏫 ONLINE COURSES • ► Take your business to the next level with our online courses. • https://www.avalonaccounting.ca/courses • 🖥️ LEARN MODERN BOOKKEEPING • ► Learn to do your own bookkeeping with modern tools and our proven practices. • https://www.avalonaccounting.ca/cours... • 📈 BOOKKEEPING AND TAX FOR FREELANCERS • ► This course teaches sole proprietors how to simplify bookkeeping and taxes. • https://www.avalonaccounting.ca/cours... • ****************************** • FAQs • What Can I Write-off? http://bit.ly/EXPENSESCAN • Should I incorporate my business in Canada? http://bit.ly/INCORPCAN • What is a shareholder loan? http://bit.ly/SHLOANCAN • When and How Should I Hire an Employee? http://bit.ly/hirelikeapro • Should I offer profit sharing? http://bit.ly/PROFITSHARECAN • ****************************** • Check out some of our FREE guides: • Starting Your Business Guide: • https://joecollins.typeform.com/to/bc... • Business Owner’s Productivity Guide: • https://joecollins.typeform.com/to/zJ... • Financial Foundations Guide: • https://joecollins.typeform.com/to/jF... • 1 Million Dollar Service Based Business Guide: https://joecollins.typeform.com/to/e2... • • Manage Your Own Bookkeeping Course: • https://avalonacounting.thinkific.com...

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