Register free!

The Green Industry's Resource Center



Reply
 
Thread Tools   Display Modes
  #1  
Old 12-28-2011, 04:13 PM
concreteevolutions concreteevolutions is offline
LawnSite Member
 
Join Date: Dec 2011
Location: cooksville, il
Posts: 1
Employee Ownership

Do any of you give your employees partial ownership if they play a huge part in your success?
Reply With Quote
  #2  
Old 12-28-2011, 07:18 PM
TriCityLawnCareLLC's Avatar
TriCityLawnCareLLC TriCityLawnCareLLC is online now
LawnSite Bronze Member
 
Join Date: Mar 2010
Location: Ohio
Posts: 1,002
Stewardship, not ownership...
Reply With Quote
  #3  
Old 12-28-2011, 09:23 PM
gardenkeeper88's Avatar
gardenkeeper88 gardenkeeper88 is offline
LawnSite Senior Member
 
Join Date: Dec 2001
Location: Northern Indiana
Posts: 346
Quote:
Originally Posted by TriCityLawnCareLLC View Post
Stewardship, not ownership...
Whats this
I was thinking of stocks or somthing too.
Reply With Quote
  #4  
Old 12-30-2011, 09:07 AM
wbw's Avatar
wbw wbw is online now
LawnSite Platinum Member
 
Join Date: Oct 2004
Location: houston tx
Posts: 4,449
Quote:
Originally Posted by concreteevolutions View Post
Do any of you give your employees partial ownership if they play a huge part in your success?
Reward him with money or a nicer truck or whatever. Do not give him ownership unless you want a partner. Did he invest to get you off the ground? What was his exposure if you went broke?

How about when the bank wants all of the owners to sign a note and he or his wife doesn't want to? How about when he quits, goes to work for some other company and still owns part of yours?

Just reward him some other way. Keep it simple.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 01:20 AM.

Page generated in 0.06627 seconds with 9 queries