What are the commissions on an annuity?

Monday, November 2nd, 2009

Globe asked: I’m looking at buying a variable or equity annuity and am curious what the broker commission is. I’ve read stuff that there is a recurring commission (ie: 1st year, 2nd year, etc) but how does that work if I only put money in up front? Or do I have to put money in [...]

Do you know of manufacturers who need recycled raw materials?

Saturday, October 31st, 2009

MooCowMan asked: I can provide any quality and quantity of recycled glass, metals, plastics and paper. You will be paid a large finder’s fee on the initial transaction and commissions on recurring orders.

Debit Credit Recurring and Adjusting Entries?

Wednesday, October 28th, 2009

Anastacia asked: lets say you collected cash for commissions from clients for properties sold the prior month. What would you debit and what would you credit? This is for a realty Corporation. I chose a debit to cash and a credit to commissions revenue. I am not sure if that answer is correct because this [...]

Can we find a decent sales person if we’re paying 100% commission?

Tuesday, October 6th, 2009

deeze asked: I am starting an IT consulting business and as with most startups, money is tight. Do you think we can get a good salesperson if we offer no base but good commissions with recurring income? We will be offering 30% of the margin on each sale and since the contract is monthly the [...]