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TAXES
SALES
DEPARTMENTS
COMPENSATION
TAXES AND COMP
100
a tax that is levied on all working class individuals by the IRS, taken away from your paycheck
WHAT IS FEDERAL INCOME TAX?
100
Know the product that you are selling, know everything about it. There is nothing worse than having a customer ask you a question and you not knowing the answer, its unprofessional, hell, its unpatriotic. Stand behind your products as if it was your own country
What is product knowledge?
100
takes care of all of the financials in the business. They have to make financial statements and break even analysis charts to show where the business would start to make a profit.
What is Accounting?
100
This is the amount of payment used to pay an employee on an hourly basis.
What is Wage?
100
The amount of money that is made by your employer in the full amount for taxes that deduct out of your check.
What is gROSS pAY
200
an amount of money that you pay to your state government based on how much you make, this money goes to fund things such as roads, schools, law, and everything else
What is state income tax?
200
Know who you're selling to. Are you selling to younger people, you might want to be a little bit more relaxed with your approach, know your audience. America's greatest fighting force the Navy SEALS, run their mission 6 times before they go in for the kill, you should do the same, don't be caught with your pants down, study your enemy.
What is Product Knowledge?
200
They organize and provide services to a business. They organize all of the big events that go on in the business.
What is Administration?
200
One amount that is paid to the employee for the year. The amount of hours worked does not matter in this situation the amount of pay stays the same. This is great because you are guaranteed an amount for the year not based on hours. one down fall is amount of hours worked.
What is Salary?
200
The amount of money made after taxes and other deductibles this is your final and official dollar amount of the month or the week.
What is Net Pay
300
it is a government run insurance plan for people who are 65 years or older, its pretty much a bank account that you keep putting money into so you have access to it when you're old and dry
What is medicare?
300
Build a customer base. This is going to take some time, just like Tony Montana you have to start off small, and in the end work your way up. Start selling small low cost items, and before you know it you're going to be selling Grade A premium stuff. The fact of the matter is that you can't sell your product if there is no buyer, so go out and find some people who will buy your stuff,.
What is Prospecting?
300
They take care of employees that don’t communicate with each other. Also, they hire and fire employees and keep track of employees.
What is HR?
300
Extra cash that can come from end of the year bonuses or if you complete big sales for the company your boss might grant you with bonuses. This is just extra money on top of the salary that the employee is earning.
What is a bonus?
300
The Amount of money left over that is used to pay for things not affiliated with taxes bills etc. For example like Going out to eat or buying games.
What is Disposable Income?
400
It is yet another tax that you pay to the government, it means if anything ever happens to you, where you run out of cash, or die, or worse, you will have some money stowed away from the government
What is social security
400
This is what it all boiled down to. You need to show the customer why your product is better than anyone elses, the objective of the game is to get the money from your clients pocket into your pocket. make a presentation that will show that your company is reliable, and that your product is top of the line, practice, and then when they arent looking, when the customer is at his weakest, go in for the kill
What is PRESENTATION?
400
This department puts the company name out there. They make sure that other people know about the company and that our products are approachable.
What is Marketing?
400
An amount of percentage based on sales. Example- a car salesman gets payed 5% on every car sold based on the amount of the car is the check the car salesmen receives.
What is commission?
400
The money left over after taxes to spend or invest. This is mostly saved up and used for luxury items like vacations.
What is Discretionary Income?
500
You do the math son
How do you determine if your paycheck is correct?
500
Much like last call at your local bar, this is the point where you’re either going to go home very happy, or you're going to get chewed up by your boss in the next meeting. Close, finish it off. You just gave your client an offer that they cannot refuse, but they're still hesitant, make the sale, finish off your presentation strong and make this happen because if you dont then youre just another employee, and that means you're going to get fired, lose your family and house, do drugs, and end up like the Kardashians, be successful and go do bath salts with the Sheen family or whatever it is that they do
What is a closer?
500
This department is responsible to sell animals and make sure that they keep selling. We need to maintain a healthy relationship with our customers to make sure that our products sell. This is also known as the best department in the world
What is Sales?
500
based on the cooperation but is often time and a half or doubled meaning you get 150% pay or 200% of the usual wage because of working over time or on Sundays and Saturdays at some companies
What is Overtime Pay?
500
is when the gross pay amount of the money is used to deduct percentages out of the employee's check. for example social security or state tax. This is all all taken out of your gross pay not your net pay
What is Taxable Income?