Sep 7, 2020
Understanding the different types of profit-sharing plans that
exist can help an optometrist determine which type of plan is going
to be best for their practice. In this episode we talk about the
different type of profit-sharing plans that exist and the
advantages and disadvantages of each. We also share the different
vesting schedules that exist and wrap up with some thoughts on how
to use a profit-sharing plan to increase staff loyalty and employee
retention in the practice.
As a reminder, you can get all the information discussed in
today’s conversation by visiting our website at www.integratedpwm.com and
clicking on the Learning Center. While there, you can also set up a
20-30min Discovery conversation to learn a little bit more about
how we help ODs around the country reduce their tax bill, manage
cash flow, and make proactive money decisions or check out any
number of additional free resources like our eBooks and on-demand
webinars.
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