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You're making a huge assumption that the owner is not also providing labor. In some cases this may be true, but I would imagine that it's the exception rather t
by cweagans 5y ago
You're making a huge assumption that the owner is not also providing labor. In some cases this may be true, but I would imagine that it's the exception rather than the rule.
For instance, I can be a freelancer and have to handle client interactions, billing, taxes, etc. in addition to the technical work that I perform; OR I can go work for somebody else and just focus on the technical work and make approximately the same amount (which is to say that the person for whom I'm performing the technical work is handling the other non-technical work that I don't want to have to care about).
- camdat 5y agoSure an owner can also work in the business, the skimming of marginal labor is what makes them the owner in contrast to the worker. Your example is absolutely possible in a co-op too, the only difference is you would be making the full value of your labor less expenses, not the amount of that that your boss thinks you deserve.