Over the last year or so, I've spent a lot of time researching a profit-sharing plan. One reason is that at the age of 43, with 20 years in the business, I've begun to think about retirement more frequently. A profit-sharing plan is a good way for a business owner to put some additional money away, but my main reason for forming a profit-sharing plan was to attract and keep key employees. In my very competitive skilled-labor market, I hoped that profitsharing would be another aspect of my company that separated us from the crowd. I also wanted my existing employees, some of whom aren't so far from my age, to have a vehicle that could give them
