It should also be relatively easy to calculate how much you will pay your partners. In addition, ensure that the revenue split is clear and has no ambiguities. Appoint a point of contact for all associated parties in your revenue sharing agreement(s) to handle all queries, suggestions, complaints, and follow-up. Additionally, as the responsible party, you need to stick to the agreement for it to work. Drawing up a revenue-sharing agreement: When drawing up a revenue-sharing agreement, you should agree on a standard reporting method and schedule and a means of verifying the numbers, such as an audit.
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