Scenarios for Sharing Events

Paparazzi Sharing Events
SCENARIOS FOR SHARING EVENTS (MY FAVORITE IS #2. This scenario is great.  I have done this many many times to help out new team members.  It is best if PERSON#2 pays for their half of the booth fee up front, so they are even more committed.):
1. *LEAST RISK FOR PERSON#2 (time risk, no money risk, no inventory risk)
PERSON#1 pays for everything.  PERSON#1 provides all the jewelry inventory and displays.  PERSON#1 gets all the profit.
PERSON#2 commits to working the booth and helping out.  During the hours that PERSON#2 is there, the leads are split 50/50.  (I have done this scenario a few times, especially for HUGE events where the newer person doesn't dare to make the monetary commitment but wants to help out.)
2. *LOW RISK FOR PERSON#2 (time risk, money risk, no inventory risk) 
PERSON#1 pays for everything.  PERSON#1 provides all the iewelry inventory and displays.  At the end of the day, PERSON#1 & PERSON#1 split the sales 50/50.  Then they calculate the cost of the booth and PERSON#2 pays PERSON#1 for 50% of the booth fee.  At this point, PERSON#2 owes PERSON#1 50% of the jewelry that is gone/sold.
For example, if the booth was $100 and they sold a total of $325 (which equaled 60 adult items and 6 kids items), then here's what would happen.  At the end of the day, the cash is split up.  PERSON#1 and PERSON#2 equally get $162.50 each.  Then PERSON#1 pays PERSON#2 $50 for the booth fee.  Then PERSON#1 owes PERSON#2 30 adult items and 3 children's items.  It's best if they place an order of these items (chosen by PERSON#2) and have it shipped directly to PERSON #1.
3. *ALMOST EQUAL RISK FOR BOTH PEOPLE (less for PERSON#2) (time risk, money risk, small inventory risk)
PERSON#1 signs up for everything and puts everything in their name.  PERSON#2 immediately pays PERSON#2 for half of the fee.  PERSON#1 provides all the displays and as much jewelry inventory as they want.  PERSON#2 provides inventory as well.  All sales are split 50/50.
There are 2 options for jewelry distribution when sharing inventory:
              a.  PERSON#1 provides most jewelry.  PERSON#2's jewelry is marked with a sticker or nail polish.
              b.  PERSON#1 provides most jewelry.  PERSON#2 brings unmarked jewelry and only records the # of pieces contributed.  NONE of the jewelry is marked.
There are 2 options for jewelry retrieval when sharing inventory:
              a.  When event is over, 50% of tallied sales is how much jewelry they don't get back.  (For example, if PERSON#2 brings 150 pieces of jewelry, and 60 pieces are sold.  Then 30 pieces of jewelry are not retrieved.  They only get 120 back.)  They retrieve as much of their marked jewelry as possible until they count pieces they get back (i.e. 120 pieces).  If they can't find enough marked jewelry, they can choose from PERSON#1's inventory.
              b. When event is over, 50% of tallied sales is how much jewelry they don't get back.  Because NONE of the jewelry is marked, alternate reselecting jewelry, so it is fair for both people, until PERSON#2 gets back what they are owed (i.e. 120 pieces).
4. *EQUAL RISK FOR BOTH (time risk, money risk, inventory risk)
BOTH PEOPLE put their names on the application and BOTH PEOPLE pay 50% of fee.  Splitting display is optional.  BOTH PEOPLE bring equal quantity of inventory.  All sales are split 50/50.
There are 2 options for jewelry distribution when sharing inventory:
              a.  PERSON#1 marks jewelry one color.  PERSON#2's jewelry is marked with another color.
              b.  NONE of the jewelry is marked, as long as BOTH PEOPLE contribute equal amounts of jewelry.
There are 2 options for jewelry retrieval when sharing inventory:
              a.  Jewelry is redistributed using colors.  It must then be counted.  If it's unequal, the person with more items gives the other person her items until it is equal.
              b. Jewelry is redistributed 50/50.  Alternate reselecting jewelry, so it is fair for both people.
5. *EQUAL RISK FOR BOTH (time risk, high money risk, inventory risk)
 
BOTH PEOPLE put their names on the application and BOTH PEOPLE pay 50% of fee.  BOTH PEOPLE bring equal quantity of inventory.  Splitting display is optional.  Sales are recorded DURING the event and tallied according to the marked jewelry sold.  PERSON#1 and PERSON#2 will not have equal sales.  It is random depending on if the customer likes the particular items provided by each rep.
There is only 1 option for jewelry distribution when sharing inventory:
              a.  PERSON#1 marks jewelry one color.  PERSON#2's jewelry is marked with another color.
There is only 1 option for jewelry retrieval when sharing inventory:
              a.  Jewelry is redistributed using colors.  It must then be counted.  If it's unequal, the person with more items gives the other person her items until it is equal.