My current IBO makes money by charging me a fee of $35 per invoice period. So, they make from one agent , in a 12 month period, $840. Imagine if they have only 10 agents working for them. That's an extra $8400 a year on their pockets. I know of IBOs that have many more than this…so, that is how you really make more money in this business. Check with each individual IBO to see if the incentives that are offered to you, will actually be paid back out to you. Make sure to check the terms of your contract with them, to make sure that you know all of the little fine print rules for your SOW.
Just an FYI IBO's also pay a fee per CSP to Arise every pay period. An IBO also pays a fee per month per contracted employee to the payroll service that ensures on time biweekly pay is deposited into each CSP's designated bank account. Please also keep in mind no taxes are deducted from your pay either.
I have questions on how IBOs make money in order to pay to the CSPs so if a CSP is making $9.00 how much do IBO make?
Information becoming a ibo Please post link
My current IBO makes money by charging me a fee of $35 per invoice period. So, they make from one agent , in a 12 month period, $840. Imagine if they have only 10 agents working for them. That's an extra $8400 a year on their pockets. I know of IBOs that have many more than this…so, that is how you really make more money in this business. Check with each individual IBO to see if the incentives that are offered to you, will actually be paid back out to you. Make sure to check the terms of your contract with them, to make sure that you know all of the little fine print rules for your SOW.
To become an IBO, you first need to incorporate. Then you will be able to apply or go through the process of being an IBO with Arise.
Just an FYI IBO's also pay a fee per CSP to Arise every pay period. An IBO also pays a fee per month per contracted employee to the payroll service that ensures on time biweekly pay is deposited into each CSP's designated bank account. Please also keep in mind no taxes are deducted from your pay either.