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Using Incentive Plans to Increase Practice Value
Episode 620th April 2020 • SLP Money • Utterly Financial
00:00:00 00:25:23

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One of the biggest challenges for private practice owners is finding ways to attract, motivate and keep your most crucial employees. In today's episode, I discuss the following...

  • Why you should carve out specific rewards for your key employees
  • 5 characteristics of a strong incentive plan
  • How to determine if you should issue a cash or stock bonus plan
  • The Pros and Cons of using a stock based plan
  • 3 different ways to offer cash-based bonus plans

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