EGIA
Ask the Experts
Author: Cristina Hanson | June 14th, 2022

Ask the Experts | Sharing Your Financial Standing

Due to the nature of the work and hours required, a business owner’s income is typically greater than that of many employees. On this week’s Ask the Experts call, an HVAC contractor from Nebraska asks:

My employees think I make more than I do, but I don’t think I need to open my books to them. How would you communicate the company’s financial standing without giving private details?

Contractor University faculty member James Leichter (Founder of Aptora) gives his expert advice about explaining your financial situation without giving private details to questioning employees.

Contractor University members can click here to log in to their member dashboard and submit a question through the Ask the Expert portal.