Independent Representative Agreement Form
Description
How to fill out Independent Marketing Representative Agreement?
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FAQ
Each commission agreement should include the following info:Names of both signing parties.The legal relationship between the parties.Employment date.Non-compete clause.Commission structure.Potential base salary.Non-disclosure clause.
Straight CommissionThis can be a very lucrative arrangement for highly talented and motivated salespeople. The percentage they earn on each sale tends to be higher than if they are receiving a base salary, and in some cases this percentage will increase after they achieve a pre-determined goal.
You might be better off starting as a W2 employee to build up some experience, savings, and contacts before going straight commission. However, if you have objectively looked at your survival resources and believe you can make it successfully through the first 90 days, to go 1099 / straight commission is a no-brainer.
An independent representative or an independent sales representative is a person involved in the selling or marketing efforts of a product or company to which they are not directly affiliated and are not the full-time or part time employees of the company.
How do I create an Independent Contractor Agreement?State the location.Describe the type of service required.Provide the contractor's and client's details.Outline compensation details.State the agreement's terms.Include any additional clauses.State the signing details.