Thread: Profit sharing
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Old 02-22-2001, 11:05 PM
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65hoss 65hoss is offline
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Join Date: Sep 2000
Location: Memphis, TN
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One thing you will find as a business owner, employees think you are getting rich off their work and not paying them enough. If they see more money for you than they got, well watch out. Here comes the fireworks. It doesn't matter if you have all the liability, spent your sweat, tears and money, took all the risk to get it started, they just don't understand. If they did, they wouldn't be working for you. The thought of equipment cost doesn't add up to them. If they find out you do estimates based on say $60 per hour when they are working they will want more money. They don't understand the cost of doing business. So in short, KEEP THE BOOKS CLOSED TO EMPLOYEES. You must keep yourself separated from them.
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