You are correct; based on George Jefferson's margin of 1% is near 1million to the bottom line; 20% would be 20 mill.....pretty good for never seeing the materials.
Hog: My example was based on a 10 % commission on a deal. In the States, that is probably a reasonable rate. What is proper in the ME is anyones guess, but doubt that you can broker much better anywhere. Why would the supplier give up more? He can sell direct if the economics are extremely attractive. i.e. hire sales agents to their staff an do it themselves. The purpose of the post is the way that the proper accounting would probably be conducted. jmho
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