The dealer manager agreement is drafted between the dealer manager and the company. The dealer manager is responsible for the profit and loss within the firm, management of the employees and ensures that the customers are highly satisfied with the products or services provided. Hence, there is a need to draw up an agreement which entitles the dealer manager with a certain percentage of commission and a gross percentage. Such an agreement needs to be formulated carefully and professionally.
- The company must also state the total amount due to the dealer manager at the end of the business term. This will be tallied accordingly in the balance sheet.
- The dealer manager should also be aware of the duties and responsibilities to the company which will be mentioned explicitly in the agreement.
- This also should mention the proportion of shares and stocks that the dealer manager is entitled to possess.
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