Restaurant Unstoppable with Eric Cacciatore cover image

851: Rudy Miick and Robert Sloop-More Equitable Business Model-Round Table

Restaurant Unstoppable with Eric Cacciatore

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What Are the Differences Between Profit Sharing and Bonuses?

i'm curious of the specific difference between profit sharing and bonuses. I feel like thre's a lot of terms thrown out around therer, so it gets confusing to people who aren't completely familiar with the technical side of accounting. How far out of reach are these things in reality, or are they not far at all? And if it's just a matter of understanding where to allocate funds, then let's get started.

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