The principals principleTM

Principal; noun: A person who has controlling authority or is in a leading position.

Principle; noun: A comprehensive and fundamental law, doctrine, or assumption.

 

• The Principals Principle is a registered trademark of and is a proprietary New Business Development Model of The 500 Group.

The premise of this new business concept starts with a founder and evolves into a class 'A' management team that includes co-founders and in many cases private investors.

 

Each member of the executive management team owns a percentage of the business and ownership filters down to all employees as a stock ownership program.

 

It is also possible to keep complete control of the company by either offering voting or non-voting shares. It is also feasible to use the plan to control profit sharing and distribution without a stock position.

• It allows small companies to compete for the best talents, skills & disciplines critical to your venture.

• It formalizes strategies to share in profits keeping pressure off of salary compensations.

• The system that is in development stages involves an interactive software program that sets objectives & goals of the company and assigns shares of stock for accomplishing specific tasks. The notion being that assigning the right tasks and goals moves a company forward and creates value for the company.