Deferred profit-sharing plans may be used to placate dissatisfied family members in a family-owned business-if deserved.

Question

Quizplus · Accepted Answer

Deferred profit-sharing plans can be a way to share profits with family members who may feel that they are not receiving their fair share of the business's success. If implemented fairly and equitably, it can help to keep family members satisfied and engaged in the business.

Deferred Profit-Sharing Plans May Be Used to Placate Dissatisfied Family