If a car dealership offers the sales person a montly salary or draw, how does this work? Does the money get paid back to the car dealership?:confused:
If a car dealership offers the sales person a montly salary or draw, how does this work? Does the money get paid back to the car dealership?:confused:
The salesman pays it back. A draw is nothing but a loan. If you take 500 a week as a draw, and lets say you sell enough for 400 commission this week, you are borrowing 100 that week. So if you sell 1000 next week, and you take your 500 draw, the other 500 goes to pay back previous draws.
If you leave the company owing money, you will be expected to pay back.
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