When you sign
£100
A one-off fee, earned the moment you sign. It’s yours whatever the stores go on to make.
Etsy store partnerships · International
We run Etsy stores in your name. You get paid.
The stores are in your name, but Masterz Agency takes full responsibility for them. We do the work, pay every cost and cover any losses, debts and claims. You get £100 when you sign, then 10% of each store’s profit every month, all written into a plain-English agreement.
Registering is free and doesn’t commit you to anything.
£1M+
in Etsy revenue across the stores our team has run. Past results don’t predict future ones. Profit is never guaranteed.
The deal
In one paragraph
You let us open one or more Etsy stores in your name. Our team builds and runs them — products, listings, orders, advertising and customer service. The stores are our responsibility: we pay for all of it, and any losses, debts or claims are ours to pay, not yours. Your part is to verify your identity when Etsy asks and give our team limited access to a personal bank account in your name. You get £100 when you sign and 10% of the profit every month, and that’s the only part you pay tax on.
In the agreement you’re the Signer and we’re the Operator. The clause numbers on this page match the agreement, so you can check anything we say.
01 · How it works
From first message to first statement
Six steps. Nothing is binding until you’ve read the agreement and signed it.
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01
You
Register interest
Fill in the short form on this page. It takes a minute, costs nothing and doesn’t commit you to anything.
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02
Us
We talk it through
We reply by email or WhatsApp, explain how it works and answer your questions. No pressure.
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03
You
Read the agreement
We send the full agreement with your payment terms filled in. Take your time, and get independent advice if you want it.
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04
Together
Sign
Decide whether to add an NDA, then sign. Your £100 fee is paid the same day.
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05
You
Verify and set up
Complete Etsy’s ID checks yourself, and give our named team limited access to the agreed personal bank account (for example Wise).
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06
Us
We run the stores
We email you the name of any extra store before it’s set up and send you a statement every month. You can track how each store is doing in our app.
02 · Payment Page 1 & clause 3
How you get paid
£100 when you sign, then 10% of every store’s profit, every month. Both are written into your agreement before you sign, and we pay the transfer fees.
Every month
10%
Of each store’s Net Profit, for every month it’s positive, for as long as the agreement runs.
What counts as Net Profit
Store revenue once Etsy has released it, minus the documented costs below.
Released revenue Transaction taxes Etsy & payment fees Refunds & chargebacks Products Delivery Advertising Net Profit
- Every cost has to be documented, and it’s only counted once.
- Any other overhead needs your written agreement first.
- Your own payments, income taxes and tax reimbursements are never deducted.
- A losing month or store is never set against another month or store.
- If Etsy holds money back, only that money is delayed. It’s paid within 10 business days of release, even after the agreement ends.
Worked example with your 10% share. The store figures are an illustration, not a forecast.
| Released revenue | £4,000 |
|---|---|
| Transaction taxes | −£200 |
| Etsy & payment fees | −£480 |
| Refunds | −£120 |
| Products | −£1,200 |
| Delivery | −£400 |
| Advertising | −£600 |
| Net Profit | £1,000 |
Your 10% share
£100
Paid within 15 days of month end.
| Released revenue | £1,500 |
|---|---|
| Transaction taxes | −£75 |
| Etsy & payment fees | −£180 |
| Refunds | −£95 |
| Products | −£700 |
| Delivery | −£250 |
| Advertising | −£500 |
| Net Profit | −£300 |
Your share
£0
You owe
£0
We absorb the £300. It isn’t carried into next month or taken from Store A.
03 · Who does what Clause 1
Our part, your part
We do the running and carry the cost. Your part is small, but it matters: it’s your name and your identity checks.
Masterz · the Operator
We do and pay for
- Opening and running every store, with reasonable care
- Products, listings, orders, advertising and customer service
- All setup and running costs, including store and account fees
- Any losses, debts and claims, plus reasonable legal defence costs
- Tax on our 90%, plus VAT and all business taxes
- An email with each new store’s name before it’s set up
- A statement every month
- Access to our app, so you can track every store’s performance
- Keeping your details secure under data protection law
You · the Signer
You do
- Complete Etsy’s ID checks yourself, for every store
- Do any later checks Etsy, a bank or the law asks for, promptly
- Keep your details accurate, and tell us when something changes
- Give our named team limited access to the agreed personal bank account
- Pay tax on your own earnings only: your 10% and the £100 fee
Written into the agreement
You never
- Pay a deposit, top-up or contribution
- Pay for stock, ads, fees or any other store cost
- Cover a losing month or a losing store
- Foot the bill for store debts or claims — we cover them
04 · The small print
The rest of the agreement, in plain English
The parts people ask about most: your bank account, tax, confidentiality and leaving.
Clause 2
Your bank account
A personal account in your name (for example Wise), ideally a separate one just for the stores. Our named team members get the access your bank allows, with spending limits written into your agreement.
They can
- View transactions
- Receive store proceeds
- Pay store costs and refunds
- Pay out agreed earnings
They can’t
- Borrow or use credit
- Make personal or unrelated payments
- Change who owns the account
- Share logins in ways your bank forbids
- Pretend to be you
You keep full access. Check the records, or talk to your bank, the authorities or your own adviser, whenever you like. Your ID and account details are used only for this arrangement and kept secure.
Clause 4
You only pay tax on your share
You pay
Tax on your own earnings only: your 10% each month and the £100 fee. In the UK, that includes National Insurance.
We pay
- Tax on our 90% share
- VAT and all other business taxes
- Any tax your tax office charges you on our earnings, plus the accountancy costs and any tax on what we pay back
We fund these before they’re due, or pay you back within 10 business days of seeing the evidence. If there’s ever a question over who owes what, an accountant we both agree on decides, at our cost.
This is a promise between us. It doesn’t bind your tax office (HMRC in the UK), and we both still file the returns we’re required to.
Clause 5
Optional NDA
You choose whether to add one. If you do, it works both ways: we each keep the other’s private business and financial information confidential during the agreement and for 3 years after.
It never stops you
- Talking to your advisers, bank or Etsy
- Sharing what the law requires
- Reporting wrongdoing
Our duty to protect your personal data applies whether or not you choose the NDA.
Clause 6
Ending it
- Any reason
- Either of us, with 60 days’ notice by email
- Serious breach
- If it isn’t put right within 14 days of notice
- Fraud or misuse of ID
- Immediately, as with urgent legal or security risk
When it ends
- We stop new orders and our access
- Any closing-down work needs your written consent
- Existing orders are fulfilled or refunded
- Final statement and payments within 30 days
Your access to records, our help with tax, our cost and tax promises and any NDA all carry on after it ends.
05 · Before you apply
What to think about first
This isn’t for everyone. Here’s what to weigh up before you go any further.
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Profit isn’t guaranteed
Some stores and some months make nothing. Your £100 is fixed, but your 10% will be £0 in any month a store doesn’t make a profit. The first 1–3 months are usually slow, because Etsy holds a new store’s money for up to 90 days.
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The stores are in your name
We take full responsibility for the stores and cover any losses, debts and claims. But to Etsy you’re still the seller, and you stay responsible to Etsy. Etsy’s rules apply, including owner participation and limits on transferring accounts, and Etsy can restrict or close a store.
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Your identity and a bank account are involved
You’ll do ID checks personally, possibly more than once, and our team will have limited access to a personal bank account in your name. Only go ahead if you’re comfortable with that.
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Tax can show up under your name
You only owe tax on your 10% and £100, and we pay the tax on everything else, funded before it’s due. But the stores are in your name, your tax office isn’t bound by our agreement, and you’ll still need to file your own returns.
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Take your time
Read the full agreement, ask us anything, and get independent legal or tax advice if you’re unsure. We’d rather you said no than signed something you didn’t understand.
06 · Who you’ll deal with
Hi, I’m Ben.
Manchester, UK
Based in Manchester (and yes, a United fan — we all have our burdens). I’ve been doing this full time for almost two years, with a team that runs the stores day to day.
If you’d rather talk to a person before filling anything in, message me on Instagram.
@ecombenjii
07 · Questions
Straight answers
Something not covered here? Ask us when we get in touch — or message Ben on Instagram.
Register interestNo. Our team runs the stores. Your part is the ID checks, keeping your details accurate and setting up limited access to a personal bank account.
No. There’s no deposit, top-up or contribution, ever. We pay every setup and running cost and cover any losses. The only thing you pay is tax on your own earnings: your 10% and the £100 fee.
We take full responsibility for them. Our team runs every store, and your agreement says we pay all the costs and cover any losses, debts and claims, plus reasonable legal defence costs. A few things stay with you because the stores are in your name: Etsy sees you as the seller, you do the ID checks yourself, and you pay tax on your own earnings.
Only on your share: your 10% each month and the £100 fee.
The other 90% is transferred to our business account as our business income. We declare it and pay the tax on it ourselves, along with all business taxes, such as VAT.
Because the stores are in your name, your tax office may still see those sales. If it ever charges you tax on our share, we pay it for you, plus the accountant’s costs, so you’re never out of pocket. That promise is in your agreement.
It depends on how many forms of photo ID you have, such as a passport, driving licence or national ID card. We usually set up 2 or 3 stores per ID, and you get 10% of every store’s profit.
Your first stores are named in your agreement. Before we set up any extra store, we email you its name, and it’s then covered by the same terms.
Nothing comes out of your pocket. Your share from that store is £0 for the month, we cover the loss, and it’s never carried into another month or set against another store.
Your £100 is paid the day you sign. Your 10% is paid within 15 days of the end of each month, with a statement showing how it was worked out. We pay the transfer fees.
Expect the first 1–3 months to build up gradually. Etsy holds a new store’s money for up to 90 days before releasing it, and profit only counts once Etsy releases it. Held money isn’t lost: your share is paid within 10 business days of its release.
Yes. You’ll get access to our app, where you can track each store’s performance whenever you like. You also get a statement every month showing how your 10% was worked out, and you can ask to check the records at any time.
Only for the stores: receiving proceeds, paying store costs and refunds, and paying out agreed earnings, within the limits in your agreement. No borrowing, no credit, no personal payments. You can see every transaction.
Only if you want one. It works both ways, lasts for the agreement plus 3 years, and never stops you speaking to advisers, your bank, Etsy or the authorities, or reporting wrongdoing.
Yes. Either of us can end it with 60 days’ notice by email, no reason needed. Anything you’ve earned is still paid, including money Etsy releases later.
Only if we both agree in writing. We can’t change your share, your payment dates or our promises on our own.
Any country where Etsy lets you open a shop and get paid into a bank account in your name. Put your country on the form and we’ll confirm. Wherever you live, the agreement is with our UK team under the law of England and Wales, your payments are worked out in pounds, and we pay the transfer fees. You pay tax on your earnings where you live.
We get in touch by email or WhatsApp, explain everything and send you the agreement to read. Nothing is binding until you sign.
08 · Register interest
Interested? Start here.
It takes about a minute. We’ll reply by email or WhatsApp, answer your questions and send you the full agreement to read. Nothing is binding until you sign it.
We’ll never ask for these on this site
- Passport or ID
- Bank details
- Tax, National Insurance or Social Security numbers
- Passwords
Thanks — we’ve got it.
We’ll be in touch by email or WhatsApp. Nothing is binding until you’ve read and signed the agreement.
Your email app should have opened with your answers filled in. Just press send, and we’ll be in touch.