Why to Ask About Your Commission Plan

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rifat28dddd
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Joined: Fri Dec 27, 2024 12:29 pm

Why to Ask About Your Commission Plan

Post by rifat28dddd »

How long after the deal has been booked and earned do you get paid? If you do not know, ask.

Where can I view this in “real time?”
You should be able to look at a calendar and know for certain the date you can expect a commission payment. DO NOT allow for uncertainty. This is how you support yourself and your family. Uncertainty is unacceptable.

What is my commissionable value?
Do not leave this to fate. It may seem like you need to be croatia telegram data an accountant to understand how to determine your commissionable value, but you do not. You simply need to understand the gross product, your commission rates on products and services (if separate), while deducting applicable sales tax rates.

Example: You sell $100,000 worth of products and $25,000 of services to your favorite new customer for a total of $125,000. With $10,000 of sales taxes the total charged to your customer is $135,000. If you receive 10% commission on products and 20% commission on services you would be due a $15,000 commission check. Of course, these numbers round up nicely, but with a calculator anybody can do this math. This is your livelihood, so get out that calculator on every deal.

Being a salesperson is a challenging profession, but it can be a very lucrative way to earn a living.

However, it is exceptionally important to have clarity on how you are rewarded financially. Admit it, you do not spend all day, everyday taking those “NO’s” for fun.
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