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Yes I agree with that. But profit sharing with employees is per se taken from revenue left over after operating costs and such, profits are what you distribute
by carterschonwald 14y ago
Yes I agree with that. But profit sharing with employees is per se taken from revenue left over after operating costs and such, profits are what you distribute to share holders.
I agree with what you're saying, I'm mainly quibbling with the language of the structure of the proposed investment instrument. It would be very easy to do some Hollywood style accounting so that the business owner and employees all get a fraction of gross revenue after costs, but any investor would get zilch for all time.
I know little of accounting, but I know that much :-)
(This is of course orthogonal to the ethical / moral dimensions)
- usea 14y agoThat's a good point, which I hadn't thought of.