A sales commission rate is a percentage of the sales your small business pays to the employee who made them. Here’s an example. If your small business sets a commission rate of 5% and an individual on the sales team makes $70,000 in net sales, the formula works like this:
$70,000 (net sales) x 5%
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Lyceum submitted the following stories to BizSugar
What are the Right Sales Commission Rates for Your Business?
Posted by lyceum under SalesFrom https://smallbiztrends.com 1882 days ago
You’ll Bark When You See the Potential in Dog Business Opportunities
Posted by lyceum under StartupsFrom https://smallbiztrends.com 1882 days ago
Made Hot by: mikehartman1 on March 14, 2019 1:26 pm
Americans spent more money than the combined GDP of 39 countries on their pets in 2018, which was a whopping $72 billion. With such a big market, it is easy to see the big opportunities in the business of all things canine.
A new infographic presented by TruDog and developed by NowSourcing titled, Read More
A new infographic presented by TruDog and developed by NowSourcing titled, Read More
Meemim Shuts Down But Users Can Keep Accounts Until 2020
Posted by lyceum under Products and ServicesFrom https://smallbiztrends.com 1887 days ago
In an emailed notice, Meemim said their platform will be retired at the end of February 2019. This will give existing clients a grace period of about a month to find an alternative knowledge management solution as well as migrate their data.
Meemim said customers will have to move the data between Read More
Meemim said customers will have to move the data between Read More
5 Qualities of Unicorn Marketers Small Business Owners Should Mimic
Posted by lyceum under MarketingFrom https://smallbiztrends.com 1887 days ago
Made Hot by: centrifugePR on March 9, 2019 11:54 am
Unicorn marketers are rare — so rare that I’ve only come across a few in the wild.
Some of these unicorn marketers were consultants.
Some were part of an in-house marketing team.
A few of them were marketing executives. Read More
Some of these unicorn marketers were consultants.
Some were part of an in-house marketing team.
A few of them were marketing executives. Read More
This Small Business May Be Old School
Posted by lyceum under NewsFrom https://smallbiztrends.com 1887 days ago
Made Hot by: bizyolk on March 6, 2019 10:59 am
I’m sure I’ve mentioned before that my wife is a teacher. And every year more or less around this time she starts up her class store.
It’s a good way to motivate the kids and teach them about money and saving. There’s a few good items — some LEGO minifigs, stickers, colored pens — but honestly mos Read More
It’s a good way to motivate the kids and teach them about money and saving. There’s a few good items — some LEGO minifigs, stickers, colored pens — but honestly mos Read More
The 50 Best Cities to Open a Restaurant
Posted by lyceum under StrategyFrom https://smallbiztrends.com 1887 days ago
If you are looking for a new location to open a restaurant or branch out, a report released by Bid-on-Equipment has the data so you can make an informed decision.
The company analyzed 236 cities across the U.S including the 150 most populous cities to come up with the top 50 locations for opening Read More
The company analyzed 236 cities across the U.S including the 150 most populous cities to come up with the top 50 locations for opening Read More
This Week in Small Business News: Alexa May be the Voice App of the Future
Posted by lyceum under NewsFrom https://smallbiztrends.com 1887 days ago
Made Hot by: SimplySmallBiz on March 4, 2019 4:21 pm
Are you using a voice assistant in your daily small business operations yet?
These are devices that use the “Hey Google” Assistant app or Amazon Alexa or Siri.
Amazon Alexa devices were among the hottest selling items last holiday season so it stands to reason that your answer is yes more often t Read More
These are devices that use the “Hey Google” Assistant app or Amazon Alexa or Siri.
Amazon Alexa devices were among the hottest selling items last holiday season so it stands to reason that your answer is yes more often t Read More
Learn Social Media Marketing for Your Small Business at Upcoming Event in San Diego
Posted by lyceum under NewsFrom https://smallbiztrends.com 1906 days ago
According to eMarketer digital media advertising will eclipse traditional advertising in 2019.
And digital advertising features prominently in a three-day Social Media Marketing World event in San Diego. Small businesses looking to learn the latest marketing techniques should consider this event a Read More
And digital advertising features prominently in a three-day Social Media Marketing World event in San Diego. Small businesses looking to learn the latest marketing techniques should consider this event a Read More
U.S. Wages Grew 2.8% in 2018, Should You Increase Staff Compensation?
Posted by lyceum under NewsFrom https://smallbiztrends.com 1906 days ago
Unemployment numbers have been at historic lows recently, and this is having a positive effect on the stagnant wages of the past decade. According to the ADP Research Institute Workforce Vitality Report (WVR), the fourth quarter of 2018 delivered year-over-year wage growth of 3.4% to end the year.
Read More
Google My Business Launches New Tools for Service Businesses
Posted by lyceum under NewsFrom https://smallbiztrends.com 1906 days ago
Google My Business has launched a new tool that allows service businesses to share their service areas and information about their business via Google Maps and Search.
Read More
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