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P.A.C.E. Solo W-2™ Establishes
Your Own Division of P.A.C.E.
You Earn 100% Of Your Division's Profits
- An Assemblage of Profit Centers
- One can easily appreciate the simplicity and elegance of P.A.C.E. Solo W-2™
by comparing it with some very familiar business models.
- For example, you may view P.A.C.E. Solo W-2™ as a large company
with many different departments, or divisions, each inhabited
by a single employee. Another example is a headquarters office
with many, small, one-person branch offices. Yet another example
might be a franchise with multiple franchisees.
- Each department, branch office, or franchise operates as a
separate profit center, and the manager of each profit center
is individually responsible for making sure that the profit
center does, indeed, make a profit. Wages and bonuses are paid
separately out of each profit center's individual revenue stream.
Your gross wage equals 100% of your division's profits. It's
as simple as that.
- Advantage to you: You always retain your
identity as an independent business, while benefiting fully
from the advantages of corporate employment. It's the best of
both worlds.
- P.A.C.E. Calls Your Profit Center A Division
- Each Division within P.A.C.E. represents the consulting "business"
of one Division Manager, and there are as many Divisions within
P.A.C.E. as P.A.C.E. has Division Managers.
- Advantage to you: There is no commingling
of accounts, so you always know exactly the status of your division's
revenues and profits.
- Your Division Operates Like A One-person Corporation
- But instead of being the sole employee of your own one-person
corporation, you are the sole employee of your own one-person
division within a much larger corporation.
- In all other respects, your division operates like a one-person
business.
- Advantage to you: You have the independence,
freedom, benefits, and tax advantages of self-employment, while
receiving the full administrative support and benefits infrastructure
of a large corporate organization.
- P.A.C.E. Uses Sophisticated Accounting
Methods
- P.A.C.E. utilizes an exclusive, in-house report-generation
application called P.A.C.E. Base to keep track of your
division's revenues and expenses. Fundamental to P.A.C.E.
Base are the same generally accepted accounting principles
employed by all businesses. In other words, there is nothing
unique or out of the ordinary in the way that P.A.C.E. conducts
business.
- What is unique is the fact that you and every other
P.A.C.E. Division Manager receives a complete accounting (similar
to a profit and loss statement) of the revenues and expenses
that contribute to your gross wage. Ask a typical recruiting
firm or pass-through agency to do that, and they'll go into
cardiac arrest trying to explain why they cannot (or will not)
justify their high margins and mediocre benefits.
- Advantage to you: Full disclosure and complete
documentation mean you always know exactly the status of your
division's revenues and profits.
>>> Next Service: Your
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