If you have a startup company, and not enough money to hire employees on salary, you can set up a profit-sharing company, with the understanding that those working for your company share in the profits .
They must have other work to supplement their income, with the understanding that they are working with your company to help the company to develop .
First, your company must decide what is it's product .
Let's say you decide to set up an instant store, with Free Store Club or The Bargain Store .
You assign your workers to all work on advertising the store, writing classified ads, sending out brochures, joining advertising forums, encouraging customers to buy from the store .
It is understood that these workers share in the profits. If the store makes very little in profit, they receive very little. If the store receives more in profit, they receive more .
Workers have contracts stating their percentage of profit and/or their percentage of ownership in the store .
You can also have offline profit-sharing companies until your company is able to pay a standard salary .
However, workers must understand that this is the type of company. There are many stores whose few founders agree to work in this manner until their store or company developes enough to pay salaries .
Those workers seeking salaried employment, of course, would not be hired to work for this type of company .
