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In this video tutorial, the speaker discusses profit sharing agreements specifically for chiropractors considering growth in their practice. They emphasize the importance of evaluating compensation models as practices scale. Among the models mentioned are contracts, W-2 employees, commission structures, and profit sharing agreements, with the latter two being more advanced options. The speaker encourages chiropractors to think critically about whether a profit sharing agreement is the most suitable compensation method for their team, highlighting the distinct differences between commission structures and profit sharing. This brief overview aims to guide practitioners in making informed decisions regarding team compensation.
