However, ISOs provide more options for merchants to choose from and serve those who might. Time-management skill s are highly beneficial for all inside sales representatives. Does not have access to the merchant cardholder data (CHD) An Independent Sales Contractor Agreement is a contract between parties where the independent sales contractor acts as an agent or representative in selling products and services on behalf of the principal. The sales objectives you have for each sales team in an organization or sales company are sales goals. 10. Not only will your sales grow, but your productivity will, too. Management Structure. Any sales over $200,001 earn them. An ISO is a company whereas an independent agent is an individual. Base Rate Only Example. Settlement Times. For instance, any company that offers its software solution on a. Done poorly or not at all, your new agency. Sales Development Representatives (SDRs): Also commonly referred to as Qualifiers/Prospectors. Begin your sales plan by stating your company mission and vision statements, and write up a brief history of the business. Rather than maintain their own in-house teams for things like sales or customer support, many acquirers and processors will outsource responsibilities to an ISO. Intelligently Use Free Trials. For example, Bank of America offers merchant processing services. S. In the first or second paragraph of your letter, make sure you’ve included a specific termination date that aligns with any relevant contractual obligations. Team 3 manages product collateral for the sales team and the production of anything that carries the Forrester brand. Independent Sales Organizations (ISO) • ISO Merchant (ISO – M) – Conducts merchant account or transaction processing solicitation, sales, customer service, merchant training activities and / or solicitation and sales of POS terminals and / or mPOS devices. They are owned by single individuals who are liable for all business transactions, debts, and lawsuits, unlike LLCs, which protect owners from some legal complications; Partnerships, also one of the most popular types of small. 501 (c) (3): Charitable, Religious or Educational Organizations. Does this new requirement to record calls apply only to call. BayView Entertainment has been leading low budget film distributors in this field for fifteen years across all film genres. When beginning a new sales process consider having a new manager to oversee it. Also known as a Member service provider, it is not a financial institution, but it represents it and offers services on behalf. In essence, an ISO is the same thing as a merchant services provider. Usually, an organization which is an ISO is also an MSP, but these are not the same thing and. 2 million (up by almost 12%). Understanding the department's overall goals and values can help you develop a structure that supports its mission. Independent sales organizations are a key component of the overall payments ecosystem. This can be modified depending on which organizational structure you choose (i. Another common term for this is “merchant service company. Toll Free 877·626·2776 or visit our website to find independent sales representatives. Role-specific incentives. In a hierarchical organizational structure, employees are grouped and assigned a supervisor. ISO’s are. The global shift toward cashless payments has gained momentum in recent years—and businesses must adapt to their customers’ changing payment preferences. 3. This business transaction is known as. Step 4. An independent sales organization (ISO) is a third-party company that refers merchants to payment service providers, helping merchants accept credit card and other electronic payments. 6. 15. Example 1: Many ISO sales people. Example: Your sales team will be able to spend 10. According to a recent survey by McKinsey, an increasing share of organizations report using analytics to generate growth. It’s also often referred to as an MSP, or Merchant Service Provider. ISO will sell or lease to Merchants all hardware necessary to participate in the Merchant Program, including any terminals or point. “ Build the best product cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis. Find the Right Partner. List the goal category on the left, the action step in the middle, and a target due date on the right. Here are two important ways you can build a winning culture into the foundation of your sales organization. Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and. . In this article, we’ll explain what you. 501 (c)4s are best categorized as civic organizations and local associations of employees. 5. For example, a sales organization with geographical specialization can entrust the chief executive officer, national sales, and regional. In a hierarchical organizational structure, employees are grouped and assigned a supervisor. Alignment. It is a third-party trading organization that provides merchants with payment services. Next, you should try to convert weaknesses into strengths. Independent Agent: An insurance agent that sells insurance policies provided by several different insurance companies rather than a single insurance company. A quago is essentially a government organization that is assigned some, or many, of the attributes normally associated with the private sector. This technology is widely embraced throughout the business world, and the global CRM software market is projected to grow at a compound annual growth rate of 6% a year, with an estimated valuation of approximately $35 billion in 2023. g. Functional structure. NetSuite’s Lead Reporting and Analytics dashboard drilldown. Description: Founded in 1963, Mary Kay is a multilevel marketing company offering beauty products, such as skin care, cosmetics and fragrances. Starbucks and Target. If Carrie sells $10,500 worth of products for the month, her commission is 10%. ISO stands for Independent Sales Organization. Table of contents Rebekah Carter Author. Sign on to a processing partner where they provide outstanding training and support. ISOs, or independent sales organizations, are companies that aren’t officially part of the cardmember associations like Visa or MasterCard but have developed partnerships with acquiring member banks to provide merchant accounts or other merchant services to members. Many of simple linear regression examples (problems and solutions) from the real life can be given to help you understand the core meaning. Contact sales. Sales Organization Chart. Types of Organizational Structure. June 2014 Compensation & Benefits Review. In the business world, an independent sales organization is a third-party company that partners with other companies to sell products or services on their behalf. Provide a specific termination date. I’ll address in this article merchant account providers and the role of independent sales organizations. This is where independent sales organizations or ISOs come into play. BayView Entertainment has been leading low budget film distributors in this field for fifteen years across all film genres. Enhance rating and reviews. This is mostly associated with career planning and related activities such as performance management. An IMO partners with the carriers they choose to represent (some as few as three or four, but others with dozens of carriers) and contracts directly with those carriers to sell their insurance products. Learning methodologies for sales are fast evolving to focus on the specific needs of the. It’s easier to provide your team with a competent and accessible PCI expert than to attempt to train each of them individually. The fastest way to redact Hardware Purchase Agreement with an Independent Sales Organization online · Sign up and log in. I’ll also offer tips for selecting the best provider for your business. The growth was largely due to a renewed focus on supporting independent retailers in recent years following a period of. 4. Formation: To form an LLC, you must pay a filing fee ($100-$800) and must have articles of organization when at the time the entity is. In a typical 30-60-90 sales plan, you would state. A Line Sales Organization is one of the simplest forms where every individual is held accountable for their actions and decisions. One of the best things about the strengths you identified in your SWOT analysis is that you’re already doing them. Step 1: Understand the Basic Requirements of Good Sales Compensation Plans. The Independent Sales Organization (ISO) is one of the key players in the online payment processing industry. It is the most common type of organizational structure. The definition of Independent Sales Organization. The last thing you want to do is create confusion with your termination letter. Social and cultural. 1. Keep it Simple. In addition to paying an. Wyoming Hardware Purchase Agreement with an Independent Sales Organization. Women that want skincare products and cosmetics that are safe and effective to use. For example – $10 posted to an office supplies GL with a R&D cost center is tagged with the Research and Development functional area; SAP Enterprise Structure – Controlling – Controlling Area. Single-level marketing: A direct seller makes money by buying products from a parent organization and selling them directly. com (516) 788-3634 350 Mission St, San Francisco, CA 94105, USA. Here are 5 things to keep in mind when planning yours. The general rule is that an individual is an independent contractor if the payer has the right to control or direct only the result of the work and not what will be done and how it will be done. Contract Type. The sales manager has a crucial role in this organization in activities such as hiring quality talent, giving proper training, assigning. What is an Independent Sales Organization? An independent sales organization (ISO) is a specialized third party that sells credit card processing services outside a financial institution. Description: Founded in 1963, Mary Kay is a multilevel marketing company offering beauty products, such as skin care, cosmetics and fragrances. Card Brands What is an ISO? ISOs, or independent sales organizations, are companies that aren’t officially part of the cardmember associations like Visa or MasterCard but have developed partnerships with acquiring member banks to provide merchant accounts or other merchant services to members. The PF may choose to perform funding from a bank account that it owns and / or controls. Marketing Consulting. , by geography/territory, product/service line, customer/account size, or industry/vertical segment). You will see designations like FMO (field marketing organization) and NMO (national marketing organization) used interchangeably. A payment gateway is the “virtual” equivalent of a physical credit and debit card reader. Dr. e. Instead, sales occur at home, work, online, or other non-store locations. Stage 6: Implement,. Advantages of Personal Selling. ISOs also are called merchant service providers (MSPs) when they offer financial transaction. In this article, we’ll explain what you need to know about ISOs—what they are, how they work, why you need one, and any potential downsides they may hold for your business. Visa displays its registered and approved ISOs on the Visa ISO List. - Market penetration. Week 3: Market and organize an event, pursue your A-leads. Takeaway: Your company culture doesn't have to be ping-pong tables and free beer. For example, you might start with a simple card reader to start accepting credit and debit cards and expand to a full point-of-sale system that includes multiple devices to take mobile wallets (e. Commissions. seeking independent sales representation and independent sales reps seeking new lines to represent. It is devolved into different departments, with each having its management, some of whom are located. The commission rate is 25%-35% of the products sold. At Stripe, we sell to developers all over the world. Indirect sales incur costs only from the revenue taken from your profits. Learn more about The Cocoa Exchange. Independent sales organizations are a key component of the overall payments ecosystem. Exhibition Services & Contractors Association (ESCA): ESCA is a professional organization of firms engaged in the provision of materials and services to trade shows, conventions, exhibitions and sales meetings. Click New. Keywords: Iowa, Hardware Purchase Agreement, Independent Sales Organization, terms and conditions, manufacturer, distributor, transaction, purchase process. On August 27, FinCEN issued FIN-2014-R009, an administrative ruling clarifying that Independent Sales Organizations (“ISOs”) and exempt payment processors are not money transmitters subject to Bank Secrecy Act (“BSA”) regulations applicable to Money Services Businesses (“MSBs”). 5. The direct selling channel differs from broader. Click “SAP Reference IMG”. There are various types of Iowa Hardware Purchase Agreements with an Independent Sales Organization, depending on the specific terms and arrangements made between the parties. On behalf of the small business, ISOs establish the relationship with the bank, acquire the equipment needed to swipe the. However, ISO’s have bank card relationships with an Association Member (banks) who participate in issuing or acquiring functions. Written by Dave Lavinsky. Here's an example sales organization chart. Remove Advertising. . The core of their business is selling merchants payment services on behalf of payment processors. For example, LLC owners should not use a personal checking account for business purposes, and should always use the LLC business name (rather than owner’s individual names) when working with customers. Here’s a look at how four companies are aligning with that trend and applying data insights to their decision-making processes. Independent contractors are not. An ISO, or independent sales organization, is a company that resells payment services to merchants on behalf of a payment processor or acquiring bank. The FFIEC BSA Examination Manual states Banks should implement policies and procedures to address risks associated with ISO (Independent Sales Organizations) customers. The REFERRAL AGENT will operate and be responsible for but not limited to; for its employees, including but not limited all taxes state, federal,. Function structure refers to the sales organization structure that focuses on specialization within the marketing team. This represents a decrease in productivity of almost 7%. Comcast. . Independent Sales Organization (aka ISO) is a term used within the payment industry to identify a individual or organization that is not an Association (Visa & MasterCard) Member. Starbucks: Inspire and nurture the human spirit – one person, one cup and one neighborhood at a time. Q: What is the role of ISOs/MSPs in credit card processing?. After all, lots of little wins can lead to your team’s even fiercer desire to land humongous ones. The satisfaction of being your own boss. In the United States government, independent agencies are agencies that exist outside the federal executive departments (those headed by a Cabinet secretary) and the Executive Office of the President. You can add this information as a short (1-2 sentences) paragraph in your introduction. From the App Launcher, find and select Sales Organization. 10) to get $1,050. Here are seven example hypotheses you might use throughout your career: 1. Simply speaking, an ISO—or Independent Sales Organization—is a third-party payment processing company that is authorized to handle merchant accounts for businesses. Here are 10 large companies and small operations offering high-paying opportunities for independent consultants: 1. Functional/Role-Based Structure. This sample form, a detailed Hardware Purchase Agreement with an Independent Sales Organization document, is for use in the computer, internet and/or. One popular model is the revenue commission model, which is popular for field sales organizations or companies that sell products with set price points. Compensation. Under the Bank Secrecy Act, the term “bank” is defined in 31 CFR § 1010. Processing payments through an independent sales organization can also provide better (or more cost effective) access to various merchant services and tools, ranging from POS terminals to payment integration to data security. What is an Independent Sales Organization? An independent sales organization is a company that acts as a link between merchants and payment processors, reselling payment processing. All senior sales reps receive $3,000 in salary compensation, twice a month, regardless of how many sales they make or the revenue they bring in for. Choose from a variety of competitive revenue sharing programs for the right compensation model, including risk, no-risk and full-service processing. You can have an elegant sales structure, but if your team members don’t understand their. 31The Costs Involved in Becoming a Direct Sales Representative. Adapt to fit your circumstances. Look at the ‘future considerations’ page of this monthly report template. Online sales are bigger than ever and will only rise. 2. Madhani. e. Stage 5: Negotiate and Close. Organizational units represent the enterprise structure in terms of legal or business-related purposes. Multiple front-end processing options. To start, she is assigned to the templates team. Time management involves allowing yourself enough time to finish tasks, not spending too much time on any one project and balancing the time you spend at home and work. 1. They serve as their point of contact and lead from initial outreach through the making of the final purchase by them or someone in their household. A summary of your compensation plan must fit on a single page. Examples of Independent organization in a sentence. 1. I reached out to 38 consultants who have great websites — websites that they actually use and aren’t mere digital brochures. Independent variables in an organization are the circumstances of the work environment that can create change in employee behavior, causing the dependent variables to shift. Location: Chicago, Illinois. This can be modified depending on which organizational structure you choose (i. Mary Kay. Let us welcome her and let her know that you are excited about her joining the team. Independent Sales Organizations (ISOs) Need ISO Attorneys. Lowers cost: Indirect sales channels are often more cost-efficient than training, hiring and equipping your own team. The grouping of activities into positions and the charting of relationships of positions causes the organization to take on structural form. Managing Sales Compensation Across the Economic Cycle: Direct Sales Force Versus Independent Reps. Create a free account, set a strong. e. The core of their business is selling merchants payment services on behalf of payment processors. 1. A simple hypothesis evaluates the basic relationship between an independent and a dependent variable. Perhaps you’re wondering how working with an ISO is different than signing up for a merchant services provider such as Squareor Stripe. e. It's helpful to first identify and analyze your sales skills, including your strengths and weaknesses. Two entities may perform a broadly similar service while one takes the position it is a third party settlement organization, whereas the other does not. Here's an example: Stage 1: Target and Qualify. Which of the following statements describe the capabilities of. 501 (c) (4): Community Social Welfare. Increase conversion. 8 Types of Business Organizational Structures [+ Free Downloadable Org Charts] Large or small, every organization should operate with a defined organizational structure. Sales managers must optimize sales team performance by emphasizing the use of SMART (specific, measurable, attainable, realistic and timely) goals. ISO’s are typically small to medium sized companies, but can also be large companies which can be called a super ISO. If you’re looking for something specific, check out these lists: Best Direct Sales Companies in Canada. Finding a Good Quality White Label Payment. Zara is a brand owned by Inditex, among with several others such as Bershka, Stradivarius, and Oysho. 2. Overseeing all elements of the organization ’ s Technology strategy, Paul and his team drive with a focus on simplicity and pragmatism. Insurance Agency Business Plan Template. Step 1: Understand the Basic Requirements of Good Sales Compensation Plans. Using this Independent Sales Contractor Agreement from Jotform Sign, you can easily customize this template to meet your needs. 123 Fake Street. t. You should also be able to implement effective sales strategies to continually meet or. RepHunter® SAMPLE INDEPENDENT SALES REPRESENTATIVE AGREEMENT Sales Representation Agreements save both the hiring sales manager and the independent sales representative many headaches by establishing clear. They must learn to identify which activities yield top results given their time investment. Enable an agile go-to-market model. Operating across multiple industries, ISOs can represent anything from financial. Essentially, a MID serves as a unique identifier for each business that accepts debit or credit card transactions. Products: Healthcare, Daily Lifestyle, And Nutrition Value-Based Products; Investment: To get started with Herbalife distributor, you’ll need to purchase a starter kit worth $94. For example, the buy rate of the merchant. Regional Sales Manager: Regional sales managers lead regional sales teams and provide support to national sales organizations. If working as an independent contractor sounds appealing to you, here are examples of the best jobs to consider: 1. 27 Direct Sales Company Categories to Help You Find the Best for You. The general rule is that an individual is an independent contractor if the payer has the right to control or direct only the result of the work and not what will be done and how it will be done. 3. Here are 10 large companies and small operations offering high-paying opportunities for independent consultants: 1. four categories: pure government organization; quasi governmental organization (“quago”); quasi nongovernmental organization (“quango”); and pure private. As Chief Technology Officer, Paul brings over 25 years of experience building and leading teams in support of technology-driven outcomes. Clearly define sales roles. Develop An Insurance Business Plan - The first step in starting a business is to create a detailed insurance business plan that outlines all aspects of the venture. 4. A good sales compensation plan is a win-win-win: It’s easy to implement and benefits everyone. Independent Sales Organizations, or ISOs for short, are third-party companies that aren’t banks themselves but are contracted by credit card member banks to procure new. The term “managed care” is used to describe a type of health care focused on helping to reduce costs, while keeping quality of care high. Residuals are tiny slices of the fees charged to. 1% + $0. Not-for-Profit Organization means an entity exempt from tax under state law and under Section 501 (c) (3) of the Code. T-Mobile and Taco Bell. Sales reps who work with high-ticket items typically take on a consultative role, ensuring that the process runs seamlessly and that. This will provide background information as the plan drills down into specific details. They have the authority to accept payments on behalf of the member banks of credit card associations, like Visa or Mastercard. 1. Furthermore, studies show that highly aligned organizations grow revenue 58% faster, and are 72% more profitable than ones that are unaligned. Additional Services – Throughout the term of this Agreement, at times convenient to the Contractor and the Client, and upon the Client’s request, the Contractor may provide additional consulting and/or professional services on an hourly rate basis at a rate of dollar amount U. 3. To calculate tiered commission, multiply the sales by the commission rate. The Best Direct Sales Companies to Join. ISOs often. ISOs and PFs may occupy similar space, but their fundamental differences set them apart from each other. 1. Regardless. Clause: INDEPENDENT SALES ORGANIZATION STATUS. Lower Sales Costs — It is estimated that the fully burdened cost of supporting an industrial sales territory with a factory-direct salesperson is $150,000 to $200,000 per year. Primary duties: A mason is a skilled trade professional who specializes in working with bricks and stones. Simply providing employees with a sense of safety and well-being and creating a policy where everyone looks out. These goals show the sales team where the business wants to go and how they can help get it there. SAP Customizing Menu. 1. ISOs bridge the gap between providers and customers, offering sales, marketing and support services. An ISO is a company that markets acquiring services to merchants on behalf of an acquiring bank. 4. Engage, don’t just teach. Additional filters are available in search. This can help you identify areas to improve. 6. 24 "documents" used as a verb, for example in Section 3A. Companies also hire sales managers. The Code of Federal Regulations, §1. a is the point of interception, or what Y equals when X is zero. Once they achieve their revenue goal, their commission increases. A functional—or role-based—structure is one of the most common organizational structures. Types of Sales Organizations 1) Line Sales Organization. This includes. The formula for lead-to-sale % is: Lead to sale % = (Total number of sales / total number of leads) x 100. , by geography/territory, product/service line, customer/account size, or industry/vertical. As you start your insurance company, your plan can help you refine your vision, set objectives, and define the details of your business. Since an ISO is not a bank, an ISO will have a separate contract or ISO agreement with both the merchant and the bank when involved in a business relationship for electronic payment processing. Hierarchical structure. AROMATHERAPY AND ESSENTIAL OILS DIRECT SALES. Likewise, sales organizations were ranked in segments in relation to sales training, i. Illustrative Examples: Independent sales representatives Manufacturers' sales representatives Cross-References. After the advent of nonbank ATM operators, however, interchange became an important source of income for ISOs. Let’s start with the most conventional structure – the functional marketing organization structure. Mason. - Demographic information. The sprints can vary in length, anywhere from 30 to 90 days. It's helpful to first identify and analyze your sales skills, including your strengths and weaknesses. ” The ecosystem can be described as the entire network of businesses (whether existing within a single vertical or across all verticals) that are actively and publicly engaging in partnerships with at least one other company. Spot improvements for your products and services. . Sample 1 Sample 2 Sample 3. An independent sales organization (ISO) is a company that provides standalone credit card processing services for merchants. It is devolved into different departments, with each having its management, some of whom are located. (“ISO”) means a person who enters into an agreement with a Payment Processor to sell or to market payment processing services to a merchant and who holds full or partial liability for a loss related to the payment processing activities conducted by or on behalf of the merchant. e. The most popular kinds, however, are the following: Sole proprietorships are an example of ordinary small businesses. For most small companies, independent reps will be cheaper and better than an in-house sales force. Also, celebrating smaller successes is an excellent way to keep the team motivated and engaged. It’s the single best book on the topic. For example, if your resume indicates that you managed a team for ongoing projects, you can describe the nature of one project, explain how many other employees were on your team and describe any specific successes, such as meeting product launch deadlines, internal company awards or. Centralized, decentralized, linear, horizontal, traditional, matrix… there are several organizational structure examples, and each one is better suited to a particular business type and process model. Keep it Simple. Here's what ISOs are, how they work and why you'd need one. An independent software vendor, or ISV, is an individual or organization that develops, markets, and sells software solutions that run on one or more computer hardware providers. Unlike most consultants, they use their websites as the centerpiece of their marketing system. faydean. The independent sales representative’s responsibilities include managing customer relationships, identifying networking opportunities, answering customers' questions, and finding new customers through cold-calling, emailing, and social media advertising. Payment processing agents who operate through independent sales organizations; Enrolled agents; Real estate brokers and salespersons licensed under those brokers are allowed under the California Business and Professions Code to negotiate contracts that designate the salesperson as either an independent contractor or an. An Independent Sales Representative is a self-employed salesperson who works for various clients simultaneously. By creating roles and outlining duties, you're able to move prospects effectively through the sales pipeline. Managing Sales Compensation Across the Economic Cycle: Direct Sales Force Versus Independent Reps. 5. This helps you prepare for any challenges and predict your team's workload. An Independent Sales Organization (ISO), also called a Merchant Service Provider (MSP), is a third-party sales organization that acts as a distribution channel for acquiring banks, payment service. You’ll need to not only learn their. In this post, we’ll analyze and exemplify 5 of them, so you can understand their advantages and disadvantages, and. Bankers need to fully understand merchant processing and its risks. Donations made to a nonprofit organization are typically tax. ISOs September 22, 2022 The payment processing industry is full of opportunities for entrepreneurs looking to help merchants get set up with the right payment processing for. In the period between 2012 and 2017, independent retail sales grew 56%. Types of Organizational Structure. Functional Organization Structure. And manufacturers sometimes find that high-value territories require more than a single one factory-direct salesperson to provide adequate coverage, which can double. The states with the most Selling Power 500 companies are California (63), New York (49), and Illinois (40). Direct sales: Direct sales describes two independent seller models. Under BSA MSB regulations, the term “money. Examples of Independent Sales Organization in a sentence Independent Sales Organization commissions are presented as contra-revenue for Retail and Alliance. An Independent Sales Contractor Agreement is a contract between parties where the independent sales contractor acts as an agent or representative in selling products and services on behalf of the. Mixed use hotel development indicates that a hotel. Improve customer retention. The 2014 Effie Index named Cramer-Krasselt the Most Effective Independent Agency in North America. There are four general types of organizational structure that are widely used by businesses all around the world: 1. Example: A salesperson's base commission is 5% up to a total of $100,000 in sales. A DBMS is a software program designed to organize and administer databases. An Independent Sales Organization, or ISO, is an institution or a legal entity closely collaborating with Mastercard or Visa banks. National average salary: $37,548 per year. All of this follows my 3-part “Credit Card Processing FAQs” series, in which I explained industry jargon, pricing models, and fees. This Breaking Into Device template above is an example of the 30-60-90 plan in that it focuses on the long-term goal of change at the end of three months. Start by considering: Your budget: A bigger budget will allow you to invest in a larger, more specialized sales model like the pod or assembly line model. Representative shall be paid a commission on the sales of Products and/or Services to the Customers at the rate of 5% of invoiced amounts exclusive of freight, tax and on invoiced sales of Products and/or Services sold as a result of sourcing directed by a Customer. Clover simplifies the lives of small business owners with its all-in-one point-of-sale solution that's tailored to meet every business's unique merchant services needs. NetSuite’s Lead Reporting and Analytics dashboard drilldown. Mastercard Rules. Here are the steps we will take over the next quarter: Increase revenue goal by 5%. Incorporating a free trial into your company’s sales strategy can lead to massive gains in paid signups—if you do it right. Independent Contractor: An independent contractor is a self-employed taxpayer who controls his own employment circumstances, including when and how work is done. 3 1. UpCounsel accepts only the top 5 percent of lawyers to its site. 10 high-paying independent consultant companies. INDEPENDENT SALES ORGANIZATION STATUS. Professional Summary.