Why do I need the Reins platform? Why can't I just use your template?

Reins is an employee-owner management tool that encompasses far more than a single document. Lawyers can charge thousands of dollars for an off-the-shelf template alone, and take a minimum of several weeks to execute. Reins gives you a custom plan in minutes and manages that plan for a fraction of the cost. We're able to keep prices low because we've done the heavy lifting of talking to lawyers, creating a plan, and automating implementation - all packaged into a single platform.

What is your turnaround time?

Our technology customizes phantom stock templates in minutes.

Custom Phantom Stock Plans to Retain Key Employees

Q: What is phantom stock?

Phantom stock is a unique form of equity that allows employees to receive a cash payout or share of annual profits when the company reaches a milestone, like a sale of the business or annual dividend.While traditional stock options usually represent actual employee ownership in a company, phantom stock does not. There are other differences too, including that phantom stock doesn't indicate voting rights or liquidity for holders, while traditional stock options often do.

Loved by 400+ Independent Owners across America

I was looking for a way to reward my shop manager and incentivize him to stick with me as the company grows. Reins put together a great package for him. They also created another version of the MARE for my technicians that included profit sharing. The whole experience was customized for my business, affordable, and less complicated than using a lawyer.

Wayde Yeley

Exclusive Automotive in Nevada

When The CPG Collective was started, our team wanted to ensure that we were all "owners" of the business we created. We found a great partner in Reins who helped us develop an equity program that met our needs as a new business. The MARE Phantom Stock Program did just that for us. If you are looking to create this type of program for your new business, I would highly encourage you to reach out to Chris Buttenham. His customer service and support throughout the process have been nothing short of amazing!

I had spoken to several attorneys, and while they seemed capable for what we needed, I wanted to see if there was a less expensive and more efficient alternative. Reins was one of the first, if not the only service, that came up on my initial online search. Less than 24 hours of making an online inquiry, Chris from Reins and I were speaking live. I liked the simplicity of the service, that it was customizable, the tracking features for our staff, and was priced very competitively.

Customers Love Reins

Wayde Yeley, Owner

Exclusive Automotive in Nevada

I had spoken to several attorneys, and while they seemed capable for what we needed, I wanted to see if there was a less expensive and more efficient alternative. Reins was one of the first, if not the only service, that came up on my initial online search.Less than 24 hours of making an online inquiry, Chris from Reins and I were speaking live.Chris was very professional and friendly, asked the right qualifying questions, showed me how Reins could get us what we needed, and answered all my questions. I liked the simplicity of the service, that it was customizable, the tracking features for our staff, and was priced very competitively.

FAQs

What is phantom stock?

Phantom stock entitles an employee to a future cash payment based on the company's value, usually triggered by events like a sale. It is an innovative way for LLCs and other companies that can't or don't want to use traditional equity to get started with owner-like benefits for key employees.

Are your plans legally binding?

Our plans are built by attorneys and customized by you. Every plan is legally-binding and created to meet the needs of small to mid-sized private businesses. Though our software was built with guidance from top tier lawyers, we are not a law firm and encourage you to consult with your attorney.

Why do I need Reins? Why can't I just use your document?

Reins transforms a static legal agreement into a living, editable benefits program. Reins Membership benefits include: an employee portal to monitor incentives, quarterly compliance checks, secure document storage, ability to grant and monitor awards, add and remove plan participants, and ongoing Reins support.

What is the difference between phantom stock and profit sharing?

The main difference between phantom stock and profit sharing is that profit sharing is not linked to the company's value or stock price. Profit sharing is often done quarterly or annually, while phantom stock pays out on a specific trigger (like retirement or the sale of the company, for example).

Profit sharing is a powerful feature to pair with phantom stock, since it integrates more frequent, shorter-term incentives into your benefits plan.

How long does this typically take to setup?

Our technology makes creating, customizing and managing phantom stock plans nearly instant. Often the majority of the time required to implement Reins is deciding what plan features make sense for your business.

How can I get in touch with you?

Call or text us at (725) 237-5396 between Monday - Friday 9am - 5pm Pacific time if you have questions or would like to get started. You can also email us at hello [@] myreins.com.

Drive

Growth

Sales

Installs

Memberships

Margin

Reviews

Growth

with Incentive

Plans

Create performance-based profit sharing and phantom stock programs that transform employee incentives into results for your business.

The leading incentive solution for the trades

Show me the incentive, and I'll show you the outcome

Charlie Munger

Harvard, 1995

So, we created the MARE to help independent owners

How it works

Customized Plans, No Extra Cost

Quick Setup, Real Support

Align Employees, Reward Results

Track Performance, Increase Visibility