📺 Stream EntrepreneurTV for Free 📺

Sales Rep Evaluation Checklist Use this checklist when evaulating different sales representatives with whom you might contract to sell your goods.

entrepreneur daily

To distribute a product, you first have to make sales. Many entrepreneurial companies are unable to field a large sales force, so they enhance their efforts by using independent sales representatives who will sell their products, along with those of other businesses, for a contracted commission. If you consider contracting with an independent sales rep, this checklist will help you evaluate each rep you are considering.

Does the rep carry conflicting or competing lines?
What the rep's commission structure?
Where is the showroom, if any? How about the warehouse?
What is the geographical area covered?
Who is the rep's key account?
What is the number of salespeople?
How many years has the rep been in business?
What type of promotional support is offered?
How willing is the rep to submit sales-call reports?
How frequent are the rep's trade-show appearances?
What is the rep's specialty?
Has the rep listed all markets covered?
Can the rep personally interview field sales reps?
Does the rep really know the customer?
Can the rep provide a termination agreement?
When are commissions paid?
When are overdue accounts collected?
What deductions does the rep make for credit losses?
What rights does the rep have as far as credit rejection is concerned?
What catalogs or other materials are required?
Can you appear at sales meetings, to see how things go?
Will reps buy samples at deep discounts?
Does the rep warehouse any inventory?
Can the rep supply a current list of references?

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

Most People Have No Business Starting a Business. Here's What to Consider Before You Become an Entrepreneur

You need to find the right business opportunity at the right time and take the right steps to beat the odds.

Leadership

AI vs. Humanity — Why Humans Will Always Win in Content Creation

With the proliferation and integration of AI across organizations and business units, PR and marketing professionals may be tempted to lean into this new technology more than recommended.

Growing a Business

Who You Hire Matters — Here's How to Form a Team That's Built to Last

Among the many challenges related to managing a small business, hiring a quality team of employees is one of the most important. Check out this list of tips and best practices to find the best people for your business.

Leadership

This Leadership Technique is the Secret to Optimal Team Performance

Through my experience in business, I've found one particular leadership technique that works better than others.

Management

7 Ways You Can Use AI to 10x Your Leadership Skills

While technology can boost individual efficiency and effectiveness, it's essential to balance their use with human intuition and creativity to avoid losing personal connection and to optimize workplace satisfaction.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.