I expect to close on a skilled trades (electrical-related) business in the next couple of weeks and would love to connect with folks who have implemented any form of "open book management" - for those unfamiliar with the term, here's an HBR article:

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I believe this dovetails nicely with Jim Sharpe's recommended approach to employee profit-sharing.

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I plan to focus first on maintaining the healthy foundation of "business as usual" in the first few months, but when I begin to implement changes, I'd love to incorporate some experiences from other operators.

Today, the employees have zero knowledge regarding the overall financial performance of the business.