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myfamilybiz compensationpla_25_03_2014.

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Information about myfamilybiz compensationpla_25_03_2014.
Entertainment

Published on March 7, 2014

Author: babamani

Source: authorstream.com

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PowerPoint Presentation: To maximise the earning potential of valued family members ,MFB has created a Maximizer Compensation plan. It is a combination of level and generation plan together. You get paid twice for the same business volume once in level and once in Generation which maximises your income. Myfamilybiz Compensation Plan PowerPoint Presentation: Sl Incomes 1 Instant profit Sharing 2 Customer Business/Self purchase incentive 3 Family level Profit Sharing(Compression method) 4 Family Designation Development Incentive 5 Family Over Riding Bonus 6 Royalty 7 Family Promotion Awards 8 Chairman Family Member Recognition Exciting ways of incomes from MFB Sl Monthly Promotional Incomes 1 Family Booster-I 2 Family Booster-II 3 Buy 2 Win MFB incomes have been classified I in to two parts i.e Part-I and Part-II. Part-I is the basic incomes and Part-II Promotional incomes PART-I PART-II PowerPoint Presentation: Sl Incomes 1 Instant profit Sharing 2 Customer Business/Self purchase incentive 3 Family level Profit Sharing(Compression ) 4 Family Designation Development Incentive 5 Family Over Riding Bonus 6 Royalty 7 Family Promotion Awards 8 Chairman Family Member Recognition MFB Incomes Part-I PowerPoint Presentation: Basic Information Joining Free No Registration/Renewal FEE One can join as a customer or Family member Customer get 5% instant profit on every purchase A Family member can introduce a customer/Family member and participate in compensation plan A customer can’t introduce any customer or family member and can’t participate in the compensation plan If a customer purchases 1500 MRP products in a single purchase or multiple purchase shall become a family member and participate in compensation plan. PowerPoint Presentation: 1) Instant Profit Sharing If a Family Member/Customer purchases product shall get 5% instant profit share on MRP. *Other than Instant Profit Share all the payouts are on Net Value (MRP- 15% towards Duties and Taxes). PowerPoint Presentation: 2) Customer Business/Self purchase incentive If a Family Member introduce a customer , the customer gets 5% instant profit sharing on MRP and the Family member who has introduced the customer will get 10% profit sharing from customer business on net value through pay out. Also customer business volume will be added to the Family members personal Volume which will reflect in FDDP and Family Promotion Awards. If a Family member purchase products will get 5% Instant profit on MRP and rest 10% profit share on net value will be sent through payout . FM personal Volume always adds to weakest family line ** Once you become a Family Member, from the following month you get 15% profit sharing. Customer gets 5% Instant Profit You get 10% profit sharing PowerPoint Presentation: Level Profit sharing % 1 15% to 25% 2 1 3 0.20 4 0.20 5 0.20 6 0.20 7 0.20 8 0.20 9 0.20 10 0.20 11 0.40 12 0.50 13 0.50 14 0.50 15 0.50 All New family members Volume and repurchase volume of existing family members are add together and get family level profit sharing on total volume on percentage basis on different levels as shown above. Even though you have a single family line you can earn from 15 levels Family profit sharing income every month. All directly introduced members will be placed in your 1 st level for Family level profit sharing but can be placed anywhere you like in the tree and the business volume will be reflected in FDDP. 3) Family Level Profit Sharing (Compression) Buy Nutramine worth Rs 3000/- in a pay out period and enjoy 25% Retail margin ( 5% instant profit and 20% by pay out) PowerPoint Presentation: Example: Family Level Profit Sharing (Compression) 15 Level Compression means 15 active levels. A level is active when there is a New /Upgraded family member or repurchase of Min 250/- by existing FM in a pay out period. Level Profit sharing % Level Status 15 level after compression 1 15% to 25% A-Active A-Active 2 1 B-Active B-Active 3 0.20 C-Inactive D-Active 4 0.20 D-Active E-Active 5 0.20 E-Active G-Active 6 0.20 F-Inactive H-Active 7 0.20 G-Active I-Active 8 0.20 H-Active J-Active 9 0.20 I-Active K-Active 10 0.20 J-Active L-Active 11 0.40 K-Active M-Active 12 0.50 L-Active N-Active 13 0.50 M-Active O-Active 14 0.50 N-Active P-Active 15 0.50 O-Active Q-Active P-Active Q-Active PowerPoint Presentation: If you Sponsor Min 2 and they sponsor min 2 each ,then after completing 15 levels You would earn Rs 2,39,634/ - from F. Member Business Volume and would earn income of Rs 39949/- Approx. from monthly repurchase volume. **The calculation is based on ideal condition ,however the income may be different on actual performance. Example: Family Level profit sharing Level Profit sharing % 2X2 Team F.M (1500/-) Monthly Repurchase 250/- Min Income on F.M(Volume ) Income on Repurchase (Volume) 1 Up to 25%           2 1 2 3000 500 30 5 3 0.2 4 6000 1000 12 2 4 0.2 8 12000 2000 24 4 5 0.2 16 24000 4000 48 8 6 0.2 32 48000 8000 96 16 7 0.2 64 96000 16000 192 32 8 0.2 128 192000 32000 384 64 9 0.2 256 384000 64000 768 128 10 0.2 512 768000 128000 1536 256 11 0.4 1024 1536000 256000 6144 1024 12 0.5 2048 3072000 512000 15360 2560 13 0.5 4096 6144000 1024000 30720 5120 14 0.5 8192 12288000 2048000 61440 10240 15 0.5 16384 24576000 4096000 122880 20480           239634 39939 PowerPoint Presentation: You can Earn with 1 Family line from 15-Level Family Profit Sharing Now if you build 2 Family Lines you can also earn Family profit Sharing up to Executive Family Head Rank. If you build more than 2 Family Lines you can earn very exciting income and achieve the highest rank in MFB. It is a very generous compensation plan giving you option to choose what achievement you want and how much you want to earn. Structure your family accordingly. 4) Family Designation Development Incentive Monthly repurchase requirement for FDDP Income : Up to FP a FM must purchase Min. Rs 250/- monthly For EFP and FH a FM must purchase Min. Rs 500/- m monthly For EFH and above a FM must purchase Min . Rs 1000/- monthly Status Volume( Rs ) % Maximum From 1 Family Line Minimum From 2nd Family Line Minimum From Rest of the Family Lines FFM 1,62,00,000 12 97,20,000 32,40,000 32,40,000 SFM 54,00,000 11 32,40,000 10,80,000 10,80,000 JFH 18,00,000 10 10,80,000 3,60,000 3,60,000 EFH 6,00,000 9 3,60,000 1,20,000 1,20,000 FH 2,00,000 8 1,60,000 - 40,000 EFP 75,000 7 60,000 - 15,000 FP 30,000 5 24,000 - 6,000 FMG 12,000 3 9,600 - 2,400 The % to the above designations are on Over Riding Basis PowerPoint Presentation: 320000/- A B C You Your ( Total Business Volume ) = A+B+C=600000/-,Rank = Exe.Family Head (9%) A (Business Volume) =180000/- , Rank=Family Head(7%),FDDI=12600/- B ( Business Volume)=100000/-, Rank=Family Head(7%),FDDI=7000/- C ( Business Volume)=320000/-, Rank=Family Head(8%),FDDI=25600/- Your FDDI= (600000/-X 9% ) – ( A+B+C )=54,000– 45,200=Rs 8800/- Example: Family Designation Development Incentive 180000/- 100000/- FMG-Family member group FP- Family Promoter EFP-Executive family promoter FH-Family head EFH-Executive family head JFH-Joint family head SFM-Saffron family member FFM-Founder Family member PowerPoint Presentation: If any one in your down line reaches the same rank or higher rank as per FDDP you will get an overriding incentive 0.5% of their side lines volume up to 3 levels. Above the Family Head (FH) Designation only are eligible for the above Plan. 5) Family Over Riding Bonus YOU JFH 0.5% 0.5% 0.5% A JFH B JFH C JFH D JFH Side lines Volume Side lines volume Side lines volume PowerPoint Presentation: Example : Over Riding Bonus Amount of FM with Designation Business from the Buisness     Side Volume of the FM Rs 66.00 Lacs FM A - JFH Rs 8.00 Lacs   Rs 58.00 Lacs FM B- SFM Rs 22.00 Lacs 1st level   Rs 36.00 Lacs FM C - JFH Rs 10.00 Lacs 2nd level   Rs 26.00 Lacs FM D – JFH Rs 8.00 Lacs 3rd level *JHF- 18 lacs FM A- JFH Gets 0.50% on 3 levels side Volume as Over Riding Bonus: 0.50% on Side Volume of FM B- SFM Rs 22,00,000 X 0.50% =Rs 11,000 0.50% on Side Volume of FM B- SFM Rs 10,00,000 X 0.50% =Rs 5,000 0.50% on Side Volume of FM B- SFM Rs 8,00,000 X 0.50% =Rs 4,000 Total =Rs 20,000 PowerPoint Presentation: Anyone who achieves the Rank Saffron Family Member or Founder Family member qualify for Royalty. 0.5% of company turn over is distributed among the qualified SFMs in proportionate to their group business volume every month 0.5% of company turn over is distributed among qualified FFMs in proportionate to their group business volume every month 6) Royalty PowerPoint Presentation: Example :Family Royalty Say This month company Turn over 5 Crs. 0.5% of this will be distributed among the eligible SFMs and 0.5% among the FFMs 5 Cr X 0.5% = 250000/- Royalty for SFMs Say there are 5 SFMs in that months ,say every one have same business volume .Now 250000/- will distributed in proportionate to the business volume of 5 SFMs. Each will get 250000/5= 50000/- Royalty monthly Once eligible for Royalty, it will continue every month in proportionate with the Group volume. 5 Cr X 0.5% = 250000/- Royalty for FFMs Say there are 2 FFMs in that months ,say every one have same business volume .Now 250000/- will distributed in proportionate to the business volume of FFMs. Each will get 250000/2= 125000/-Approx. Royalty monthly. Once eligible for Royalty, it will continue every month in proportionate with the Group volume. PowerPoint Presentation: 7) Family Promotion Bonus Consolidated Eligibility Bonus Amount Designation In Rs FFM 1100000.00 SFM 550000.00 JFH 275000.00 EFH 137000.00 FH 68000.00 EFP 25000.00 FP 10000.00 OR PowerPoint Presentation: 7) Family Promotion Bonus Rank Rewards FFM House Fund + Foreign Trip for 2 Members SFM Car Fund + Foreign Trip for 1 Member JFH Gold + Foreign Trip for 1 Member EFH LED TV + Domestic Trip For 2 Members FH Laptop + Domestic Trip For 1 Member EFP i . Pad FP Mobile *The Eligible Members shall be rewarded with the above Bonus amount annually after TDS. PowerPoint Presentation: 1000 GV = 1 Point Family Promotion Bonus Point Calculation Any fraction less than Rs.1000 shall be ignored for calculation. Rank Points Min. Pts. reqd   per month in 12 months FMM 16200 194400 SFM 5400 64800 JFH 1800 21600 EFH 600 7200 FH 200 2400 EFP 75 900 FP 30 360 PowerPoint Presentation: Family Promotion Bonus Criteria Available for FP and above. Calculated on the points earned on the basis of group volume and paid on yearly basis. The applicable rank will be the one that the member is holding vide FDDP at the closure of the year. In case of a member holding more than single position in the year shall be eligible only if she has accumulated the total eligible points, calculated for each such position with the duration in that position. In case of more than one achiever in the same rank in a single line, the upline is eligible for this bonus on the points calculated on his Personal group Business volume (side Volume)proportionate to that of others in the same line on the points available for distribution ( i.e , the Total bonus amount shall be on the points, that the topmost one in the same rank is eligible). In case of a member not reaching the required points per position shall at least accumulate 75% of the Required points to be eligible for participation and shall be eligible for proportionate accumulated amount of Family Promotion Bonus. The year is the financial year ( i.e , from every 25th March to next 24th March), common for all. PowerPoint Presentation: Example - Family Promotion Bonus Family Promotion Bonus, Eligibility criteria for more than one designation held by a Family Member during a year: Designation Duration Rating Points Total Points JFH 2 Months 1800 X 2 3600 EFH 2 Months 600 X 2 1200 FH 2 Months 200 X 2 400 EFP 3 Months 75 X 3 225 FP 3 Months 30 X 3 90 Accumulated Points Required 5515 Bonus Amount 5515 X 2,75,000/- = Rs 70,214 21600 Total Accumulated Points earned is 5515. Highest rank achieved in 12 months is the reference for calculation. Total amount eligible for the Rank JFH here is Rs 2,75,000 Eligible Amount to be earned is Rs 70,214.00 In case FM achieves 75% of the 5515 Points (i.e 4137 shall be eligible for Rs 52,670.00 4137 X 2,75,000/- = Rs 52,670.00 21600 Below 75% achievement the FM is not eligible For Promotion Bonus. PowerPoint Presentation: Family Promotion Bonus Criteria More than one qualifier of the same designation in One line with Rank Points: Points earned   FM with Designation   Points Earned from the in Rank       Side Volume of the FM 61600 FM A - JFH 20000 points 41600 FM B - JFH 10000 points 31600 FM C - JFH 10000 points 21600 FM D - JFH FM D - JFH will get full Bonus amount on points earned = Rs 2,75,000 FM C - JFH will get 275000 21600 X 10000 = Rs 1,27,315 FM B - JFH will get 275000 21600 X 10000 = Rs 1,27,315 FM A - JFH will get 275000 21600 X 20000 = Rs 2,54,630 Reasoning: it is the effort of FM D, that the up line C, B and A could enjoy this qualification PowerPoint Presentation: 8)Chairman Family Member Recognition FFM Chairman ‘s Family Silver Member FFM Chairman ‘s Family Gold Member FFM FFM Chairman ‘s Family Diamond Member FFM FFM 1 FFM 2 FFM s in parallel lines 3 FFMs in parallel lines PowerPoint Presentation: Chairman Family Member Recognition a) Any FFM generating minimum one down line FFM under him, shall be recognized as Chairman’s Family Silver Member . b) 0.25 % of the total MFB business shall be pooled and divided among such silver members in proportion to the group business volume of the immediate down line FFM. c) Only eligible CFSMs shall share this 0.25%. a) Any FFM generating minimum one downline FFM in 2 parallel lines under him, shall be recognized as Chairman’s Family Gold Member . b) 0.35% of the total MFB volume shall be pooled and divided among such gold members in proportion to the total group business volume of both the immediate down line FFMs. c) Only eligible CFGMs shall share this 0.35%. a) Any FFM generating minimum one downline FFM in 3 or more parallel lines under him, shall be recognized as Chairman’s Family Diamond Member . b) 0.40% of the total MFB volume shall be pooled and divided among such diamond members in proportion to the total group business volume of all such ( 3 or more) immediate down line FFMs. c) Only eligible CFDMs shall share this 0.40%. PowerPoint Presentation: Example: Chairman Family Member Recognition FFM Chairman ‘s Family Silver Member Say you have 1 FMM under you. You will become Chairman ‘s Family Silver Member. Say Total Turn over of the company in that month is 5 Cr. 0.25% of the above Turnover will be distributed among the eligible Family member in proportionate to the volume of the down line FFM. Say there is only 1 qualifier in that month. Then The 0,25% of company turnover will be given to you. You will get 1,25,000/- as CFSM Incentive Like above you can get very exciting monthly income achieving Chairman Family Gold Member and Chairman Family diamond Member. PowerPoint Presentation: MFB Incomes Part-II Sl Monthly Promotional Incomes 1 Family Booster-I 2 Family Booster-II 3 Buy 2 Win The objective is to maximize the earning of Family members mainly new comers through exciting Promotions. This is paid every month to the qualifiers. PowerPoint Presentation: 1) Family Booster- I Every Month 1% of total Company Turn Over will be kept in a Pool and the amount will be distributed among the qualifying family members equally. ( For only New Family members and eligible for 3 pay out periods from the date of joining )  Qualifying Criteria: 1) Introduce /upgrade minimum 3 New Family Members in a pay out period 2) Have group volume 9000/- under this new group, 3) Out of 9000 Group volume there should be minimum 3000 Nutramine products in a pay out period Any one who qualifies for Booster-I shall get 1 share .Total nos. of qualifiers will be in a pool. The reward will be 1% of Total Company Turn over will be distributed among all the qualifying Family members equally.. For Example : The total company turn over in a month say 5 Crs . Then 1% of the Volume i.e 5 Cr x 1%= 5 lakhs. It will be kept in the pool and will be distributed among the eligible members equally. Say there are total 50 shares. Then value of each share = 500000/50= Rs 10000/- So all the Booster-I qualifiers will get Rs 10000/- each as monthly reward The objective of this promotion is to create fire at the bottom. To motivate new comers to earn exciting income straight from the beginning. PowerPoint Presentation: U C B A A1 B1 C1 Direct Introduced 3 New Family members: A,B,C Total Group Volume Min. 9000/- Out of 9000 /- Nutramine Products of 3000/- Under You = A ,B,C = 3 New Members/Upgraded ( On Purchase of 1500 MRP becomes Family Member) Under A,B,C = 3 New Members Total New members under you = 6 Total Business volume Under you = 1500 X 6= 9000/- You get 1 share for the FB-I * With only 6 New /upgraded family members as shown above you can qualify for FB-I and can earn exciting monthly cash reward Example: Family Booster- I PowerPoint Presentation: Example: Family Booster- I Say Total Turn over of company 5 Cr in a month. 1% of Total Turn over of Company =500000/- IN POOL 500000 /- Say Total shares =50 Value of Each =500000/50=Rs 10000/- You will get = Rs 10000/- as monthly cash reward from Family Booster-I PowerPoint Presentation: Every Month 1% of total Company Turn over will be kept in a Pool and the amount will be distributed among the qualifying family members equally ( For existing Family members after 3 payout periods from the date of joining ) Qualifying Criteria: Must have one Booster-I qualifier in down line. Introduced min 1 Family member in a pay out period. Must have self purchase of 3000/- above with 1000/- Nutramine product in a pay out period. Or Introduced min 1 Family member in a pay out period. Must have self purchase of 5000/- above with 1000/- Nutramine product in a pay out period. Any one who qualifies for Booster-I shall get 1 share .Total nos. of qualifiers will be in a pool. The reward will be 1% of Total Company Turn over will be distributed among all the qualifying Family members equally.. For Example : The total company turn over in a month say 5 Crs . Then 1% of the Volume i.e 5 Cr x 1%= 5 lakhs. It will be kept in the pool and will be distributed among the eligible members equally. Say there are total 50 shares. Then value of each share = 500000/100=Rs 5000/- So all the Booster-II qualifiers will get Rs 5000/- each as monthly reward 2) Family Booster-II (Monthly Reward ) The objective of this promotion is to motivate the existing Family members to earn exciting income from this program every month. PowerPoint Presentation: 3) Buy 2 Win This promotion is to encourage customers and family members to buy more and more amazing healthy, tasty and natural foods products to up keep family health and participate in exciting prize contest every month. PowerPoint Presentation:  “Future belongs to those who see the possibilities before they become obvious” Happy Family PowerPoint Presentation: Every day need very fast moving Food & supplement products. World Class ,affordable price Consumer to consumer marketing. No forceful selling Expert food Manufacturing company . Products HACCP & ISO Certified & FDA approved No Joining or registration / renewal FEE Very nominal monthly repurchase of 250 /- only Customer Retention is very high above 80% Awesome compensation Plan Unique Features of MFB 10 Amazing incomes from MFB Excellent rewards and awards Income from Single family line also. India’s Food market is a massive market. A big potential opportunity Just started in India .Perfect Time to get in. A revolutionary home based food business Ground floor opportunity for Visionary people to achieve success and abundance. PowerPoint Presentation: Thank you Enrich Your Life Happy Family

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