iHub ERC Opportunity commission plan
Cited in: The Bottom Line Concepts Contract
Full text
ERC OPPORTUNITY
Commissions are Calculated based on the Bottom Line Concepts fee charged to the business which ranges from 15-
30% of the refund/grant. The fee will be determined and decided by Bottom Line based on the size of the business
and other factors in their model. This will be reported directly in your iHub ERC back office throughout the process.
The IHUB ERC Commission Plan is an exciting opportunity that rewards you for referring businesses that are interested in learning about their ability to qualify for ERC to Bottom Line Concepts.
Commissions are based on the fee agreed upon between the referred business and Bottom Line Concepts. The amount of refund/grant the business is entitled to is based on the specific
circumstances of the Business during the pandemic, their previous PPP files, and the number of W2 employees on their payroll.
Examples used to illustrate the iHub ERC Commission Plan are based on average refunds and negotiated fees supplied from Bottom Line concepts from their results with over 15,000 businesses.
The Example of a business receiving a $300,000 refund/grant (which they say is their average refund/grant amount) is based on a Business with 20 W2 employees.
Individual results will vary depending on their communication skills, commitment levels and marketing skills of each Affiliate.
There will certainly be Affiliates who will earn less while others will earn much more. We’re excited about the IHUB ERC Opportunity and Commission Plan and we believe it will provide you a
solid foundation to help join the IHUB community and bring awareness of the ERC program to many businesses that are unaware of their ability to qualify for it.
Direct Referral:
Affiliate Bonus
Infinity Bonus
Example: The Business
Qualifies for a $300,000
Direct Referral: Refund and Bottom Line’s
fee is 20%
20% of $300,000 = $60,000
will be the basis for the
commissions
The Affiliate
will receive
ERC Ranks Rank Volume % of Fee from 17% to
(personal + frontline) Paid 20% of the
DEAL QUALIFIED: You have
submitted a qualified Deal Consultant 17% $60,000 fee Affiliate
Waiving for 1st 90 days who Refers
Senior Consultant 5 Mil 18% the Business
That would
Sales Manager 25 Mil 18.5% be $10,200
Regional Manager 50 Mil 19% to $12,000
Rank Volume: Senior Manager 75 Mil 19.5%
The Combination of Your Personal Deal
Volume and your Personally Enrolled ERC Partner 100 Mil 20%
Affiliate’s Deal Volume
- No more than 50% of Rank Volume
can come from your Personally Business
Enrolled Affiliate’s Deal Volume
The Enroller of
the Affiliate that
Affiliate Bonus: refers the
business will
receive 5% of the
DEAL QUALIFIED: You have $60,000 fee
submitted a qualified deal
Waiving for 1st 90 days
5% That would be
$3,000
Affiliate
ERC Ranks Rank Volume Direct Affiliate Infinity
(personal + ERC Bonus Bonus
frontline) Deals (Level One)
Consultant 17% 5%
Senior 5 Mil 18% 5% 1%
Consultant Affiliate
Sales 25 Mil 18.5% 5% 1% who Refers
Manager the Business
Regional 50 Mil 19% 5% 1%
Example: The Business
Manager
Qualifies for a $300,000
Senior 75 Mil 19.5% 5% 1%
Manager Refund and Bottom Line’s
fee is 20%
ERC Partner 100 Mil 20% 5% 1%
20% of $300,000 = $60,000
will be the basis for the
commissions Business
Infinity Bonus:
ERC Rank Personal + Direct Infinity Bonus:
Consultant
Senior Consultant 5 Mil 1%
DEAL QUALIFIED: You have
submitted a qualified Sales Manager 25 Mil 1%
Regional Manager 50 Mil 1%
Waiving for 1st 90 days
Senior Manager 75 Mil 1%
ERC Partner 100 Mil 1%
Rank Volume:
The Combination of Your Personal Deal
Volume and your Personally Enrolled
Affiliate’s Deal Volume
- No more than 50% of Rank Volume
can come from your Personally
Enrolled Affiliate’s Deal Volume
Infinity Bonus:
Sales Manager 1% ($600) Sales
= $600 Manager
ERC Ranks Rank Volume Direct Affiliate Infinity
(personal + ERC Bonus Bonus
frontline) Deals (Level One) 5% x $60,000 = $3,000
Consultant 17% 5% Senior
Affiliate Referral +
Consultant
Senior 5 Mil 18% 5% 1% Sr Consultant 1% ($600)
Consultant = $3,600
Sales 25 Mil 18.5% 5% 1%
Manager
Regional 50 Mil 19% 5% 1% 17% x $60,000 = $10,200 Consultant
Manager Direct Referral
Senior 75 Mil 19.5% 5% 1%
Manager
ERC Partner 100 Mil 20% 5% 1%
Example: The Business Qualifies for
a $300,000 Refund and Bottom
Business
Line’s fee is 20%
20% of $300,000 = $60,000
will be the basis for the commissions
Infinity Bonus:
Receives the 1% Sr Consultant and
the 1% Sales Manager Bonuses
2% x $60,000 = $1,200
ERC Ranks Rank Volume Direct Affiliate Infinity + Sales
(personal + ERC Bonus Bonus
frontline) Deals (Level One) The 5% Affiliate Bonus ($3000) Manager
Consultant 17% 5%
= $4,200
Senior 5 Mil 18% 5% 1%
Consultant
Sales 25 Mil 18.5% 5% 1%
Manager
Consultant
Regional 50 Mil 19% 5% 1%
Manager
Senior 75 Mil 19.5% 5% 1%
Manager
Example: The Business
ERC Partner 100 Mil 20% 5% 1%
Qualifies for a $300,000 Business
Refund and the fee is 20%
20% of $300,000 = $60,000
Infinity Bonus:
The Regional Manager that has enrolled an affiliate
that has become a Regional Manager
The enrolling Regional Manager will receive the 5%
Affiliate Bonus ($3000)
+ an additional 3% = $1,800
(1% Sr Consultant + 1% Sales Manager + 1% Regional Manager) Regional
ERC Ranks Rank Volume Direct Affiliate Infinity
(personal + ERC Bonus Bonus Manager
frontline) Deals (Level One) That is a total 8% or $4,800 on their personal deals!
Consultant 17% 5%
Senior 5 Mil 18% 5% 1%
Consultant 19% x $60,000 = $11,400 Regional
Sales 25 Mil 18.5% 5% 1% Manager
Manager You do not receive the
Regional 50 Mil 19% 5% 1% Infinity Bonus on your
Manager
personal deals
Senior 75 Mil 19.5% 5% 1%
Manager
Example: The Business
ERC Partner 100 Mil 20% 5% 1%
Qualifies for a $300,000 Business
Refund and the fee is 20%
20% of $300,000 = $60,000
Commissions are calculated based on the Bottom Line’s contingency fee
ERC OPPORUNITY charged to the business which ranges from 15-30% of the total gross
refund/grant. The percentages represented below are of that contingency fee.
Compensation Summary
Rank
Affiliate
Volume Direct ERC
ERC Ranks (personal + Deals
Bonus (Level Infinity Bonus
One)
frontline)
Consultant 17% 5%
Senior Consultant 5 Mil 18% 5% 1%
Sales Manager 25 Mil 18.5% 5% 1%
Regional Manager 50 Mil 19% 5% 1%
Senior Manager 75 Mil 19.5% 5% 1%
ERC Partner 100 Mil 20% 5% 1%
All ERC Commission Recipients must be Deal Qualified.
Terms Qualified: A submitted deal has been processed and
submitted to the government.
Commissions are Calculated based
DEAL QUALIFIED: You have 90 days from the time you are
on the Bottom Line Fee charged to eligible to receive a commission to get at least
the business which ranges from 15- one qualified deal personally.
30% of the refund/grant. The fee After your first qualified personal deal you are qualified
for all future earned commissions
will be determined and decided by
Bottom Line based on the size of
the business and other factors in Rank Volume:
their model. This will be reported This is based on the Combination of Your
Personal Deal Volume and your Personally
directly in your iHub ERC back office
Enrolled Affiliate’s Deal Volume.
throughout the process. - Additionally, at least 50% of the Rank
Volume requirement is coming from your
Personally Enrolled Deal Volume.
File and source
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- BLC_iHub-affiliate-compensation-plan.pdf
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- Original
- erc.ihub.global