Ever year, there are hundreds of thousands of people joining insurance business. But above all else, perhaps the most detrimental factor that results in the lack of business or income for most “Internet” crude oil brokers and agents, is the fact that, lacking much experience or real understanding of the true workings of international business or the way it actually works, they are often totally unrealistic and impractical about the conditions and requirements they demand of, or expect that, prospective buyers would accept in order to buy the products they purport to have for sale.

Put very simply, many brokers and agents, driven and limited by the fact that they generally lack much training or knowledge in the fundamentals of international trading, and by the fact, in today’s Internet era, that their only “qualification” for assuming the mantle of being a “broker” or “agent” in the oil business, is simply that they have an access to the Internet and a computer, often behave in their conduct of the oil selling operation, in a manner that “resembles, often, a Zoo full of monkeys” – in the words of Kamal J. Southall, the author of a classic on “‘the Joker Broker” character.agent business

If you run your business as a sole proprietor, you’ll report your net income on Schedule C. You’ll pay tax at whatever your personal rate is. But you’ll also pay self-employment tax of 15.3{b551ef939ae9cc6aca26b785053ba99a11313cb0277fd75f700e8dd21159af22} on your first $106,800 of “net self-employment income” and 2.9{b551ef939ae9cc6aca26b785053ba99a11313cb0277fd75f700e8dd21159af22} of anything above that in 2010.agent business

They range from the fact that most oil sellers and their brokers and other intermediaries, are fake operatives with no crude or petroleum product to sell, in the first, to lack of proper training and knowledge by these operatives in the fundamentals of the business, to the existence of certain serious drawbacks and shortcomings inherent in the fact that, bye and large, the principal source by which most brokers and agents today learn their craft today as oil dealers, is merely the Internet.

An example of a product that say retails for $46.39 If a person becomes a referral agent they can purchase the product $44.07 if a person becomes an associate they can purchase the product for $37.57 US so if the referral Agent sells the product retail they can realize a $8.82 profit which they can take in cash or apply to become a business associate with their own account number then they can recruit their own referral agents and associates.agent business