Quote Originally Posted by MCA View Post
10 bps of profit?? Dave either you are doing it wrong or your splits to your sub reps are horrible.

Anyone with a CNP portfolio should net 50 - 100 bps in residual, high risk your net should be 100 bps +
It is only an example - I never overstate - the concept is building residual income

BTW - If an account(s) is at is 50 BP and the gross profit revenue would be $5,000.00 processer is paying at 75% =- $3750.00 and I'm splitting a % with sub-agent.

Since we live in a world of race to the bottom of pricing, many sales reps would not write at 50/100 BP