in having an IPC set up their spa under them as a PM, unless the spa
is ordering a significant amount of products. The average small/medium
spa doesn't appear to benefit much at all in this way.
The problem I see is there being a separation of Spa Owner and Spa.
The Spa is the business, the Spa ownder is an individual. I'm
concerned that in practice, the Spa owner will be receiving additional
income that is separate to their business, and will in effect be
considered 'self employment'. This is on the basis that the Spa owner
(IPC) is expected to place a seperate order of 100PV in their own
name. Also, the 'rebate' that they receive may be deemed to be
personal income (self employed).
In the UK, that would create a huge disadvantage as when it comes to
VAT (tax added onto retail products), the Spa (business) will be able
to claim back the VAT. The business owner however would not be able to
claim back the VAT if they are indeed an individual, and their income/
expenses are separate to their Spa business.
If that is the case, there is an awful lot more hassle involved too...
which would make it burdensome, and in effect, easier just to have the
IPC as the Spa, and order everything at wholesale price - without any
PM below it.
Does anyone know how it works in practice? Is there indeed a
separation between the IPC (individual) and PM (business) in terms of
income/expenses.. ?? (or is the IPC able to order through their
business, as an IPC, and then order through their business as a
PM?).
Seems complicated to me, and I'm just hoping it's not.
Thanks
On Oct 31, 4:59 pm, Patricia Leavitt <doterradisco...@gmail.com>
wrote:
> What corporate tells us is you can earn as much as 50% discount depending
> on the amount of product sold.
>
>
>
>
>
> On Mon, Oct 31, 2011 at 8:13 AM, energy4life <cin...@gmail.com> wrote:
> > Remember that an IPC does not get paid for his/her own purchases. That
> > is why it is best for the spa to purchase through a PM account. They
> > get a 20% discount, and the sponsor (owner) gets paid on the
> > purchases.
>
> > I struggle with the math as well! On the webinar, there was mention of
> > a very high percentage discount when you add it all up, but they did
> > not explain how they arrived at that number. I am still in the dark
> > about that part, so if someone could jump in and explain it, I would
> > be very grateful!
>
> > On Oct 31, 10:55 am, Patricia Leavitt <doterradisco...@gmail.com>
> > wrote:
> > > The preferred member gets a 20% discount on the oils. The first $500.00
> > > (one order) ordered returns a 10% cash bonus to the IPC that enrolled the
> > > PM. A $1000 dollar order gets 15% cash back to the enroller. Every $500.
> > > incremental order gets an additional 5% cash back bonus. Up to a $3,000
> > > dollar order which will get a 30% cash back bonus. The key here is the
> > IPC
> > > is getting cash back bonus's for his business which gives him a greater
> > > discount on the products.
> > > I believe there is a call regarding the PM new rules and regs that you
> > can
> > > listen to on builddoterra.com.
> > > Pat
>
> > > On Mon, Oct 31, 2011 at 6:22 AM, DanielH <dj_dan...@hotmail.com> wrote:
> > > > Hi
>
> > > > I've asked a question before about the preferred member, but rather
> > > > than asking a new question in that old topic, I'm starting a new one -
> > > > as I don't think the old topic will be noticed much.
>
> > > > I am really, really confused with the preferred member (PM). The
> > > > general idea is okay, but the technical details i.e. the maths! is
> > > > hard to grasp. Especially as I'm trying to work out the benefit of
> > > > having a PM (Spa) underneath a IPC (Spa Owner), as opposed to the IPC
> > > > (Spa Owner) just buying everything under his/her membership.
>
> > > > That's a point that I'll come back to, once I've worked on a
> > > > spreadsheet for the complicated maths...
>
> > > > But I want to start out with a question -
>
> > > > I read that the PM pays "20% below retail". Is that calculated as
> > > > retail price - 20% or wholesale price + 5% (assumed on the basis that
> > > > normal retail is about 25% above wholesale, so PV is about 5%)
>
> > > > Thanks
>
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> > > --
> > > PAT LEAVITT
> > > FOUNDING DIAMOND CONSULTANT- Hide quoted text -
>
> > > - Show quoted text -
>
> > --
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> PAT LEAVITT
> FOUNDING DIAMOND CONSULTANT- Hide quoted text -
>
> - Show quoted text -
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