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DEFINITIONS |
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| Business Plan Definitions & Terminology |
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EQUITY SHARE PARTNER
Any person who participates in The Family Solution business
opportunity.
P.E.C. Parent Equity Center. Your original (first) business center when enrolling in The Family Solution business opportunity. E.C. Equity Center. An extra business center. This is an extension of your Parent Equity Center. It functions as an additional "store" whose purpose is to increase your total revenue. If you have more than one equity center, they are numbered in sequence. Example: Your first equity center is called "E.C. #1." Your second is called "E.C. #2." And so on. ESTABLISHED EQUITY SHARE CENTER Any P.E.C. or E.C. is considered to be "established" after the first initial product order is placed. An E.C. is considered "established" once it is "activated." Active-Activate-Activated-Activation - A P.E.C. or E.C. is activated by placing a $125 minimum wholesale order. Activation is part of the process each month by which a P.E.C. or E.C. becomes eligible to receive a commission check. If you want your P. E.C. or E.C. to draw a commission, you must activate it each month by ordering a minimum of $125 in product. Qualify-Qualified-Qualification The second part of the process of becoming eligible to draw a monthly commission check. An active P.E.C. or E.C. must become "qualified" by having no less than $250 of sales volume within its first two rows. Thus, to receive a monthly commission check, a center must place an order for at least $125 worth of product, AND have at least $250 of sales volume within its first two rows/levels (the two rows underneath itself within the business structure). 1% Equity Share Once a center is qualified it can earn a share of the 1% Equity Share Product Sales Volume paid to its row. You'll share that month in 1% of Equity Volume up to seven rows deep (below) your center. In other words, you'll receive a 1% Equity Share of the total sales volume paid to EACH of the seven rows below your center. 1ST Time Equity Builder Commission With each first time P.E.C. activation, a First Time Equity Builder Commission of 26% will be paid to the Equity Share Partner who is the enroller. For example, if you sponsor and place a new equity share partner/distributor within your business organization, you will earn a commission of 26% from their time product order. 1ST Time Equity Builder 4 Row Commission 28% from all first time product orders is taken and divided and paid over four rows in an upward direction on all first time P.E.C. orders. If your qualified center is within 4 rows of the first time order, you'll be eligible to receive a 7% commission from that first time P.E.C. order. EQUITY SHARE BUSINESS PLAN Once your P.E.C. or E.C. is established and qualified, your center will participate in the Equity Share 7-Row Commission Plan. Under the 7-Row plan, your qualified center receives commission on the sales volume of each of the seven rows below you. The commissions are paid as follows: 2nd row - 9% 3rd row - 5% 4th row - 5% 5th row - 5% 6th row - 9% 7th row - 11% |
email questions or comments to thefamilysolution@xxxxx.com Last modified: June 09, 1999