Ken, would it be too much to ask how you pay your sales people?
My father has a full time salesman for flooring sales. So naturally I have gotten some leads from him, and quickly realized this could be capitalized on if given incentive and some structure. So I lined out my pricing for him and offered 10% or whatever he can over sell it for.
Its worked well so far, and he found that he is in situations where he's taking my price like on a 200 sqft T&G clean/seal at 1.50 sqft and added 100 just because he knew he could.
Works well.
But what I'm trying to now figure out is when A reoccuring acct comes in or a commercial contract that is monthly or quarterly, how do I structure his compensation?
For the last year it's always been a friendly gentlemens agreement and the fact he is treated well by the flooring company so it's not been an issue, but if I grow and put some systems in place I am wanting some clear guidelines. Penny for your thoughts?