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Designing a Profit Sharing Plan

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Double Your eCommerce Business in the Next Year

...by requesting the most effective growth and profitability strategies we've unearthed from 5+ years of studying successful stores.

Today Mark Thomas of WildhornOutfitters.com joins the show to help shed some light on profit sharing. Who is eligible? How much do people get? Does profit sharing truly work to motivate people to work harder? While implementing profit sharing into his business, Mark has found the answers to these questions and more. Listen in as he shares them in this episode.

You’ll learn:

  • How to set up a profit sharing program
  • The benefits of profit sharing over giving a Christmas bonus
  • How much of your profit you should actually share
  • Whether profit sharing really works to motivate people

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(With your host Andrew Youderian of eCommerceFuel.com and Mark Thomas of WildhornOutfitters.com)

What Was Mentioned

 

Pexels: Alexander Mils

Posted on: August 16th, 2019

Andrew is the founder of eCommerceFuel and has been building eCommerce businesses ever since gleefully leaving the corporate world in 2008.  Join him and 1,000 vetted 6 and 7-figure store owners inside the eCommerceFuel Community.

Double Your eCommerce Business in the Next Year

...by requesting the most effective growth and profitability strategies we've unearthed from 5+ years of studying successful stores.

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