How to PROPERLY build a Profit Sharing Agreement
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Are you an agency, coach, or influencer looking to incentivize potential talent through a Profit Share Agreement? Do you know the difference between an Incentive Structure + a Profit Sharing Agreement? Tune in to see me dive into how you as a business owner should properly structure a PSA that benefits your employees, but also protects your profitability!
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-- WHO WE ARE --
Adam and Bryan are co-founders of CleverProfits - a virtual accounting firm helping online entrepreneurs build better businesses with fractional CFO services. We help our clients learn how the numbers in their business work so they can maximize profit and grow their company. Yes, we do all your accounting and taxes too.
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-- DISCLAIMER --
CleverProfits and related parties do NOT provide tax, legal, or accounting advice. This content has been prepared for information purposes ONLY, and is not intended to provide and should not be relied on for tax, legal, or accounting advice. Viewing this video does NOT create an accountant-client relationship with CleverProfits. You should consult your own tax, legal, and accounting advisors for professional advice.
Пікірлер: 30
Why is this video on 2K views? It perfectly explained and touched on everything I was contemplating about. Good work. You're a great teacher...
Loved the video! I am working on the profit sharing and this one helps a lot! Great work and thanks
Thanks. Understanding person's role is a great advice.
Thanks alot! this video explains everything in detail. Very informative.
I got a lot out of this. Thank you!
Great video. Exactly what I needed
Wow, brother! Kept me engaged the whole time, and I have a very short attention span. Energy on point, enthusiasm through the roof, Grade A information, phenomenal video on profit sharing. Learned a lot, thank you so much! I plan on using this Profit Sharing model for my NFT project !!
@CleverProfits
2 жыл бұрын
Appreciate you watching, Jonny!
Great video! Thank you! It made a lot of sense and helped me to avoid the unnecessary actions!
@CleverProfits
Жыл бұрын
Thank you so much for watching, Nikita!
Keep sharing, very good info. Thanks!
@CleverProfits
2 жыл бұрын
Appreciate you watching + subscribing, Thomas!
Amazing, thank you so much!
@CleverProfits
3 жыл бұрын
Scott, thanks so much for watching! Let us know if you'd like to chat further about this video or learn something that we haven't covered yet! Cheers!
Thank you
This looks like a fun project, but how do you keep accountability? That's what nobody talks about. How do you know and trust your partner there must be some software or some third-party firm that you can work with, but look at Uber and Lyft they built a structure with in the app that make sure there's accountability you need to talk about that that is the most important thing because how can you trust the system and then put hours of work into some thing and then not get paid for It? That is the fundamental most important part of anything beyond the structure is how it's gonna work.
Great stuff, thanks!
@CleverProfits
10 ай бұрын
Thanks Antoine, we appreciate it!
Wow thank you!
@CleverProfits
Жыл бұрын
You're welcome!
where can I find typical profit sharing percentage per industries? how much do you distributed and how do you do it? thanks
Do y’all make profit sharing agreement templates
Interesting.
So excited by the title. Then its not for investing. But worker benefits. Ill give it a try see if its useful. Why cant i find it
Bro, I have a doubt if I want to ask some MNC companies to give me the job and can I ask profit share based on my skills work and strategies before joining the job?. And Are they are going to give profit share as I am single person employee?. Can u clarify my doubt.
Do you offer consulting to help build the structure in my multiple companies? I want to create these structures all throughout the businesses
@CleverProfits
Жыл бұрын
Hi Bobby, yes we do! If you would like to hear more about it, feel free to book a call with us here: cleverprofits.com/consultation/
where are the calculations...examples? Bit too much waffling here :/
Thank you
@CleverProfits
Жыл бұрын
You're most welcome, Eugene!