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The video discusses the significance of profit-sharing agreements for chiropractors who are expanding their practices. It emphasizes the importance of considering the most suitable compensation model for team members. Various compensation options are outlined, including contract work, W-2 employment, commission structures, and profit-sharing agreements. While commission structures and profit-sharing agreements are noted as elevated options beyond standard employee classifications, they serve distinct purposes. The speaker encourages chiropractors to reflect on how these models align with their growth and team dynamics, suggesting that profit-sharing may be beneficial for motivating and rewarding staff during periods of significant scale and development in their practices.
