I have four key employees that I am want to motivate to stay and produce. In the past I have given performance bonuses. I toyed with the idea of options several years ago but decided against it. Now, I am re-thinking it. I am looking for help in determining the pluses and minuses of giving a portion of my business away versus simply giving cash?
Thanks for any insight.
Answers
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Only give away equity on a sure thing and it sounds like you are still looking for ways to motivate..Since everyone is motivated differently perhaps you should ask them what their preference would be (stock,cash, etc)..