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In this video tutorial for chiropractors, the discussion focuses on profit sharing agreements as a potential compensation model for team members in a growing practice. It highlights the importance of considering the most appropriate compensation structure, addressing various models such as contracts, W-2 employees, commissions, and profit sharing. The speaker emphasizes the differences between commission structures and profit sharing agreements, suggesting that understanding these distinctions is crucial for practice owners contemplating the implementation of a profit sharing agreement. This approach may enhance team motivation and performance as the practice scales.
