Has anyone bought a business and implemented a profit-sharing plan?

August 02, 2024
by a searcher in London, UK
Curious to hear from people who have created a profit-sharing plan for their business (or have considered doing so).
They seem few and far between in traditional SMBs. Why is this the case?
from The University of Chicago in Nashville, TN, USA
The challenge I'm facing while evaluating the business is that the company will instantly become less profitable due to debt service so I would likely need to change the structure to revolve around gross profits and during the typical J curve I could lose employees until the business stabilizes.
from University of Portland in Hickory, NC, USA