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Steve
09-19-2007, 04:32 AM
When J.C. Penney was expanding his stores, he trained a manager who ultimately who take over an expansion store. The manager was given 1/3% ownership in that store in order to reward him for doing the best he could to make it grow.

This is a great idea to consider when you are thinking of expanding your business. Expand with your employees and give them ownership in the expansion.

James Cash "J. C." Penney (1887-1971)

http://www.ehistorybuff.com/history/PenneySP%20copy.jpg