BUSINESS PLAN TERMINOLOGY USED IN THIS DOCUMENT CALCULATION AND PAYMENT OF BONUSES:

Transcription

1 Business Plan

2 TERMINOLOGY USED IN THIS DOCUMENT (PV): The total of your orders placed and paid for in a month. (PTV): The total of orders placed within your team EXCLUDING your breakaway team volume and EXCLUDING your personal volume. Total Team Volume (TTV): The total of orders placed within your team INCLUDING your breakaway team volume but EXCLUDING your personal volume. NB: All sales volumes are based on total purchases for a given month but do not include GST, freight or non-commissionable items. Breakaway: Any Consultant who reaches status 60. CALCULATION AND PAYMENT OF BONUSES: Bonus payments are calculated after all orders have been processed for the month. Bonus payments are paid into a nominated bank account or credited to the member s Tri Nature account in the following month. You must advise Tri Nature of your bank a/c BSB, account number and a/c name in writing. A Recipient Generated Tax Invoice showing calculation of bonuses and the total payable will be ed or mailed (by arrangement) to each member who qualifies for a payment prior to receiving the payment. The Consultant must keep the Recipient Generated Tax Invoice for accounting purposes. A fee will be charged if the member requires a replacement copy. The Consultant is personally responsible for ensuring all criteria are met to qualify for payment of discounts and bonuses. The Extra discount is calculated on. The Link bonus is calculated on. The Breakaway bonus is calculated on the of each Breakaway team including the of each breakaway team leader. A Consultant who personally sponsors a Commercial Account member will receive 10% of the personal volume from that account. The Consultant will only be paid at the level qualified for in that month, not at any level previously attained. Any level previously attained will be kept by the consultant and that level will be used in determining team structure of their sponsor. GST is paid on the Extra discount because the goods have already been paid for including GST so the discount has to include GST. GST is only paid on Link, Commercial accounts and Breakaway bonuses if the consultant has an ABN and is registered for GST. These bonuses are income, not discounts. Website orders must be received and paid for by 11:59pm (EST) on the last day of the month to be included in the month. All orders received after this time will be processed in the following month. Phone orders must be received and paid for by 5pm (EST) on the last business day of the month to be included in the month. All orders received after 5pm will be processed in the following month. 1

3 INCOME POTENTIAL GUIDE PERSONAL VOLUME ex GST $ 260 $ TOTAL EARNINGS incl. GST Total earnings includes retail profit, extra discount and GST and assumes that all items purchased have been resold by the member at retail price. $ 440 $ $ 640 $ $ 850 $ $ 1,050 $ $ 1,850 $ $ 2,050 $ $ 6,050 $ 2, $ 10,050 $ 4, EXTRA DISCOUNT TABLE VOLUME RANGE ex GST Up to $ % $ $ % $ $ % $ $ % $ 1,000 - $ 1, % $ 2,000 - $ 4, % $ 5,000 and over 22% COMMERCIAL ACCOUNTS PERCENTAGE Large Commercial Customers can open a COD, 7 day or 30 day account. Account terms and pricing can be negotiated with Tri Nature depending on the volume purchased. Commercial Accounts earn no extra discounts or bonuses. Only the personal sponsor of the Commercial Account receives a 10% bonus on the personal volume of the Commercial Account provided the sponsor has at least the minimum personal volume required to qualify in the same month as the Commercial Account purchases products. LOYALTY CUSTOMER Consultants can sponsor Loyalty Customers. Loyalty Customers receive a 5% discount off the retail price, flat rate freight depending on the state ($7.00 NSW, QLD, VIC, ACT - $10.00 other states.) They cannot be sponsors and receive no further discounts or bonuses. Loyalty Customers are included in the sponsor's PTV for payment of the link bonus. 2

4 (Status ) PERSONAL TEAM VOLUME for this model = $300 ex GST eg. $300 ex GST eg. $0 LOYALTY eg. $100 Minimum of $300 ex GST No requirement Link Bonus 3% EXAMPLE BONUS CALCULATION PAYOUT Extra 5% $ GST $ 1.50 Team Link 3% on $300 $ 9.00 TOTAL BONUSES $ Plus potential income from retail $ TOTAL POTENTIAL INCOME $

5 SUPPORT (Status 30) PERSONAL TEAM VOLUME for this model = $755 ex GST SUPPORT - $400 ex GST eg. $5 eg. $300 LOYALTY eg. $100 Minimum of $300 ex GST Minimum of $400 ex GST Minimum of 2 personally sponsored consultants (status - 50) Link Bonus 4% eg. $150 EXAMPLE BONUS CALCULATION PAYOUT Extra 12% $ GST $ 4.80 Team Link 4% on $755 $ 30. TOTAL BONUSES $ Plus potential income from retail $ TOTAL POTENTIAL INCOME $

6 SENIOR (Status 40) PERSONAL TEAM VOLUME for this model = $2,700 ex GST SENIOR - $300 ex GST STATUS, 30,40 OR 50 STATUS 30,40 OR 50 $0 $0 SUPPORT $300 SUPPORT $300 LOYALTY eg. $150 Minimum of $300 ex GST Minimum of $1,400 ex GST Minimum of 2 personally sponsored consultants at least status - 50 and minimum of 2 personally sponsored consultants at least status Link Bonus 4.5% $0 $250 $250 LOYALTY LOYALTY eg. $150 $250 eg. $100 EXAMPLE BONUS CALCULATION PAYOUT Extra 5% $ GST $ 1.50 Team Link 4.5% on $2,700 $ TOTAL BONUSES $ Plus potential income from retail $ TOTAL POTENTIAL INCOME $

7 EXECUTIVE MEMBER (Status 50) PERSONAL TEAM VOLUME for this model = $4,950 ex GST EXECUTIVE MEMBER - $350 ex GST $0 $0 30 SUPPORT $ SUPPORT $0 30 SUPPORT $0 40 SENIOR $0 10 LOYALTY $150 Minimum of $300 ex GST Minimum of $3,000 ex GST Minimum of 2 personally sponsored Consultants between status and level 50 and minimum of 3 personally sponsored Consultants between status 30 to 50 and minimum of 1 personally sponsored Consultants between status 40 to 50 Link Bonus 5.5% A B A + B = Min. $400 A B A + B = Min. $400 A PTV $2,300 B A + B = Min. $400 EXAMPLE BONUS CALCULATION PAYOUT Extra 12% $ GST $ 4. Team Link 5.5% on $4,950 $ TOTAL BONUSES $ Plus potential income from retail $ TOTAL POTENTIAL INCOME $

8 GOLD MANAGER (Status 60) PERSONAL TEAM VOLUME for this model = $7,700 ex GST GOLD MANAGER - $450 ex GST $0 $0 50 EXECUTIVE $3,500 $0 Minimum of $450 ex GST Minimum of $7,500 ex GST Minimum of 9 personally sponsored Consultants between status to 50 and 1 personally sponsored consultant status 50. Link Bonus 7% EXAMPLE BONUS CALCULATION PAYOUT Extra 12% $ GST $ 5.40 Team Link 7% on $7,700 $ TOTAL BONUSES $ Plus potential income from retail $ TOTAL POTENTIAL INCOME $

9 PLATINUM MANAGER (Status 70) PERSONAL TEAM VOLUME for this model = $3,000 ex GST TOTAL TEAM VOLUME for this model = $10,600 ex GST 45 PLATINUM MANAGER - $450 ex GST LEVEL 3.5% BREAKAWAY TEAM BREAKAWAY MANAGER $300 PERSONAL TEAM MINIMUM $3,000 LEVEL 3% Minimum of $450 ex GST Minimum of $3,000 ex GST Total Team Volume Minimum of $10,000 ex GST Minimum of 6 personally sponsored members between status to 50 and minimum of 1 personally sponsored member at status 60 or above. Link Bonus 7% Breakaway Bonus Level 1-3.5% Level 2-3.0% BREAKAWAY MANAGER $300 PTV $3,000 PTV $7,000 EXAMPLE BONUS CALCULATION PAYOUT Extra 12% $ GST $ 5.40 Team Link 7% on $3,000 $ Breakaway 3.5% Level 1 $7,300 $ Breakaway 3.0% Level 2 $3,300 $ based on Level 1) & Level 2 ) = $10,000 min. requirement TOTAL BONUSES $ Plus potential income from retail $ TOTAL POTENTIAL INCOME $

10 SAPPHIRE MANAGER (Status 80) Minimum of $450 ex GST Minimum of $2,500 ex GST Total Team Volume Minimum of $,000 ex GST Minimum of 4 personally sponsored members between status to 30 and minimum of 2 personally sponsored members at status 60 or above Link Bonus 7% Breakaway Bonus Level 1-4.0% Level 2-3.5% Level 3-3.0% EMERALD MANAGER (Status 90) Minimum of $450 ex GST Minimum of $2,000 ex GST Total Team Volume Minimum of $40,000 ex GST Minimum of 2 personally sponsored members between status to 30 and minimum of 3 personally sponsored members status 60 or over Link Bonus 7% Breakaway Bonus Level 1-4.5% Level 2-4% Level 3-3.5% Level 4-3.0% 9

11 RULES SUMMARY- Part A TERMINOLOGY USED IN THIS DOCUMENT (PV): The total of your orders placed and paid for in a month. (PTV): The total of orders placed within your team EXCLUDING your breakaway team volume and EXCLUDING your personal volume. Total Team Volume (TTV): The total of orders placed within your team INCLUDING your breakaway team volume but EXCLUDING your personal volume. NB: All sales volumes are based on total purchases for a given month but do not include GST, freight or noncommissionable items. Breakaway: Any Consultant who reaches status 60. CALCULATION AND PAYMENT OF BONUSES: Bonus payments are calculated after all orders have been processed for the month. Bonus payments are paid into a nominated bank account or credited to the member s Tri Nature account in the following month. You must advise Tri Nature of your bank a/c BSB, account number and a/c name in writing. A Recipient Generated Tax Invoice showing calculation of bonuses and the total payable will be ed or mailed (by arrangement) to each member who qualifies for a payment prior to receiving the payment. The Consultant must keep the Recipient Generated Tax Invoice for accounting purposes. A fee will be charged if the member requires a replacement copy. The member is personally responsible for ensuring all criteria are met to qualify for payment of discounts and bonuses. The Extra discount is calculated on. The Link bonus is calculated on. The Breakaway bonus is calculated on the of each Breakaway team including the of each breakaway team leader. A Consultant who personally sponsors a Commercial Account member will receive 10% of the personal volume from that account. The Consultant will only be paid at the level qualified for in that month, not at any level previously attained. Any level previously attained will be kept by the consultant and that level will be used in determining team structure of their sponsor. GST is paid on the Extra discount because the goods have already been paid for including GST so the discount has to include GST. GST is only paid on Link, Commercial accounts and Breakaway bonuses if the consultant has an ABN and is registered for GST. These bonuses are income, not discounts. Website orders must be received and paid for by 11:59pm (EST) on the last day of the month to be included in the month. All orders received after this time will be processed in the following month. Phone orders must be received and paid for by 5pm (EST) on the last business day of the month to be included in the month. All orders received after 5pm will be processed in the following month. EXTRA DISCOUNT TABLE VOLUME RANGE ex GST Up to $ % $ $ % $ $ % $ $ % PERCENTAGE ex GST RULES SUMMARY - PART A $ 1,000 - $ 1, % $ 2,000 - $ 4, % $ 5,000 and over 22%

12 RULES SUMMARY - PART B LEVEL MIN PV TO QUALIFY FOR PAYMENT TEAM STRUCTURE REQUIRED PTV REQUIRED TTV REQUIRED LINK BONUS % BREAKAWAY BONUS % - Consultant $300 3% 30 - Support Consultant $300 2 frontline status -50 $400 4% 40 - Senior Consultant $300 4 frontline - 2 status status $1, % 50 - Executive Consultant $300 6 frontline - 2 staus status status $3, % 60 - Gold Manager $ frontline - 2 status status status $7,500 7% 70 - Platinum Manager $450 7 frontline - 6 status status 60 or above $3,000 $10,000 7% Level 1-3.5% Level 2-3.0% 80 - Sapphire Manager $450 6 frontline - 4 status level 60 or above $2,500 $,000 7% Level 1-4.0% Level 2-3.5% Level 3-3.0% 90 - Emerald Manger $450 5 frontline - 2 status level 60 and above $2,000 $40,000 7% Level 1-4.5% Level 2-4.0% Level 3-3.5% Level 4-3.0%