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In this video tutorial, the speaker discusses the significance of profit-sharing agreements for chiropractors who are growing their practices. The main focus is on evaluating whether implementing such agreements is appropriate. The speaker compares various compensation models, including contracts, W-2 employees, commission structures, and profit-sharing agreements, highlighting that commission and profit-sharing are distinct approaches. The tutorial aims to guide chiropractors in considering profit-sharing as a strategy for motivating team members and aligning their interests with the practice's success. Key points to consider when implementing a profit-sharing arrangement are emphasized.
