August 2016
WISDOM NEWSLETTER
FOR NETWORK MARKETING
AND PARTY PLAN COMPANIES
 


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One
Why Vemma and Herbalife FTC Decisions Matter To You
If your company has a multilevel compensation plan, you need to know about the 2015 and 2016 Federal Trade Commission actions against these two network marketing companies, because your company and your compensation plan may have the same problems.


President Jay Leisner of Sylvina Consulting explains these actions and why they matter to your company and your compensation plan in a worth watching video.


edge
Utah Attorney General To Speak At Direct Selling Edge Conference

We are pleased to announce that the Attorney General of Utah, Sean Reyes, will be speaking at the 15th Direct Selling Edge Conference to be held in Salt Lake City, Utah on October 20-21, 2016.

Mr. Reyes will discuss the legal issues within the industry.  Then, he will answer your  questions.

At our two-day school for new and young direct selling companies, education is provided on legal issues, compensation plans, software, social media, recruiting, payment processing, compliance, asset protection, and how to build an iconic company.

I came to this conference two years later than I should have. Had I come two years earlier, I would have saved over $100,000 and two years. - T.B.


two
Your MLM Software Company Should Not Design Your Pay Plan

If your MLM software provider offers to design your compensation plan, you need to know the reasons why this is a bad idea.

Three
Ask Victoria:  How Do You Calculate Landed Cost?


For a direct selling business to be profitable, it must have healthy gross margins.

While margins can be calculated in several ways, at Sylvina Consulting we like to use what we call the "multiplier."  The multiplier is a ratio calculated as the suggested retail price of an item divided by the landed cost of the item to the company.



"The Devil is in the details, but so is salvation."
- Admiral Hyman G. Rickover

 


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At Sylvina Consulting, we are compensation plan and direct selling experts.

Our mission is to share our 30-years of direct selling channel knowledge to help young and established direct selling companies to grow their businesses larger and faster.

We can help you, too.


Sincerely,

Jay Leisner and Victoria Dohr
Sylvina Consulting  
Sylvina Consulting
503.244.8787 | jay@sylvina.com | http://www.sylvina.com