How Much To Pay A Salesperson

You want to pay them a salary plus commission. 
 
So let’s say you want to pay them $100k for selling $1M
 
You want to take that $100k and split it into halves. 
 
Half in salary and half in commission.
 
But here’s the key!
 
You want to base the commission on the gross profit, not the top-line revenue. 
 
This ensures they do 2 things. 
  1. They sell jobs at a profitable rate, 
  2. and that they also have a vested interest in the job being profitable. 
So take the $100k and pay them a salary of 52,000 year 
 
And then you would pay them 10% of your gross profit if your gross profit is 45% to 50%.
 
Doubling your business is easier than most people realize. 🙂

About the Author

As a newly single father of two from MI, he struggled to start over as a paint contractor in FL, going door to door. His situation was so bad, even the IRS had mercy on him.

 Feeling completely hopeless, he remembered the story of King Solomon praying for wisdom. Could it be so easy? 

He felt he had absolutely nothing to lose. So, as a bankrupt, divorced, high school dropout, single father of 2 young kids, now living 1250 miles away from all friends and family, started to pray for wisdom.
 And while he continues to wait for the wisdom to arrive, what did come was an insatiable desire to learn and read books… 
Thanks to God for giving him the burning passion to read books, and attend seminars, (oh and winning the wife lottery) he not only cracks the success code and overcomes the struggle, but also streamlines his painting business in less than 3 years, published a how to book, then sold the company. Now he leads a business coaching company for painting contractors so he can help other businesses, like yours, to do the same. Hear more... http://www.DYBCoach.com/01 Or JoinDYB.com