Lifetime revenue share for channel partners: what to clarify before joining

By ThePrepLab · Reviewed 2026-10-26

Lifetime revenue share means an ongoing earning arrangement, with its duration and conditions defined in the agreement. For PrepLab, it refers to an agreed share of eligible PrepLab revenue from referred clients while they continue generating that revenue. It is not a guaranteed income or a payment on all client sales.

Compare the essentials

TermMeaningQuestion to ask
Client course salesRevenue the educator collects from learnersWhich transactions and adjustments are included?
PrepLab revenueThe amount PrepLab earns from its client arrangementWhat is the eligible base for the partner calculation?
Onboarding earningsAn agreed share associated with eligible onboarding revenueWhen does it qualify and what happens after a refund?
Recurring revenue shareThe partner’s agreed entitlement on eligible recurring revenueHow are attribution and continuing entitlement recorded?
Uncapped earning potentialNo payout ceiling on the agreed shareWhich eligibility conditions still apply?

Separate the two revenue bases

An educator’s course collections and the software provider’s revenue are not interchangeable. A provider may earn only an agreed fee from that client. A partner’s share must therefore name both the calculation base and the rate; quoting a percentage without its base can create a misleading impression.

PrepLab’s public programme describes a share of eligible revenue earned by PrepLab from referred clients. Detailed calculations, applicable taxes and adjustments belong in the commercial agreement. Public programme copy does not publish standard rates or imply every applicant receives identical terms.

Treat onboarding and recurring earnings separately

An onboarding payment is associated with the initial setup or agreed onboarding scope. Recurring earnings depend on eligible continuing revenue. Confirm whether each is calculated, approved and reported separately, rather than assuming the initial client payment is entirely commissionable.

Ask what happens if onboarding is discounted, refunded, paid in stages or bundled with other services. For recurring revenue, establish the period covered by the statement and when adjustments appear. The written rules should make it possible to reconcile the statement with the agreed calculation.

Define what lifetime covers

A lifetime arrangement needs an operational definition. Clarify whether entitlement follows a particular account, business entity or product agreement, and what happens when a client pauses and restarts. A client generating no eligible revenue may generate no corresponding recurring payout.

Also clarify the partner’s ongoing responsibilities and what happens if the agreement changes or ends. The word lifetime should not be used to assume continuing payments regardless of contract terms. PrepLab’s public offer expressly remains subject to the partner agreement.

Register introductions before competing claims arise

Agree the process for recording a client introduction and acknowledging it. Ask how an existing sales prospect, a previous customer or a referral already made by someone else is treated. This is especially useful when several advisers know the same institute owner.

Keep attribution records relevant and permissioned: the business, contact, reason for the introduction and next step. A long spreadsheet of unrelated contacts is not the same as a qualified referral. If attribution is disputed, resolve it before presenting a payout as earned.

Know what uncapped does and does not mean

Uncapped means no payout ceiling on the agreed revenue share. It does not mean every contact will convert, every client will remain active or every payment qualifies. Returns, taxes, eligibility and contract conditions can still affect the calculation.

Forecast several outcomes rather than treating a historical network as guaranteed future revenue. Separate the number of businesses someone knows, businesses they can introduce, clients that join and clients that produce eligible revenue. Each step needs its own evidence.

Use a short agreement-review checklist

Before committing, confirm the eligible revenue base, onboarding treatment, attribution method, continuing entitlement, adjustments, reporting and payout process. Record who answers commercial questions and how a discrepancy can be raised. Commercial terms should be clear enough for both sides to explain consistently.

PrepLab discusses partner terms individually. Apply with your experience and educator network, then use the conversation to resolve these points before relying on an earnings projection. This guide explains the programme and is not a substitute for the signed agreement.

Take a checklist to your partner conversation

Use the partner review checklist to record responsibilities, revenue definitions, attribution and next steps. It is a blank planning tool, not proof of results. Keep confidential client and learner information out of shared copies.

Questions partners ask

Does lifetime revenue share guarantee a monthly income?

No. Earnings depend on eligible client revenue and the agreement. Any separately negotiated minimum arrangement must be expressly agreed; it is not promised to every programme applicant.

Are commissions calculated on GST?

PrepLab’s agreed revenue basis excludes applicable GST. The agreement should also explain refunds and other adjustments so the partner knows what revenue qualifies.

Can I see the standard percentage on the website?

PrepLab does not publish a universal programme percentage. Onboarding, recurring share and any other terms are discussed with the applicant and documented individually.

Continue exploring

Bring your educator relationships to PrepLab.

Explore onboarding earnings and uncapped lifetime revenue share under your partner agreement.

Apply to Become a Channel Partner

Written by the programme provider. This guide explains the commercial model; your signed agreement controls the actual terms. Content and correction policy.

Lifetime revenue share for channel partners: what to clarify before joining | PrepLab