The World of Direct Selling’s next “Executive Q & A” is with Origami Owl‘s CEO Brett Blake. Following various executive roles in the direct selling industry, Brett has been leading Origami Owl’s operations since mid-June 2015.
Could you tell us about your education?
At the birth of this nation Benjamin Franklin was quoted as saying, “Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.” There are many who would suggest death to be the less painful of the two. Taxes affect everyone in one form or another but if you’re just starting your first MLM business, you might be surprised to learn about the tax benefits of your new position. If you start tracking your tax-deductible events today, you can start saving money—potentially much more money than you’ll earn on commissions in your first year.
For the small business owner, sole proprietor, independent contractor, or home-based business owner the tax code and its associated IRS regulations can be a daunting and expensive obstacle. Starting a home-based business is one way to increase tax deductions. You can shift many personal expenses to business expenses and thereby lower your taxable income. The result is a net increase in what you can legally and ethically “take home” when it comes to income. Taking advantage of the tax laws in this way isn’t simple, but using Deductr can make it simple.
What is Deductr?
This week’s guest author is Roseann “Ro” Shales, Vice President of Sales, JIC Nation, a 3-year old e-commerce party plan company. Ro built a $12M organization with Tupperware then moved into corporate management with Weekenders USA, PartyLite, and JAFRA Cosmetics. She was an Executive Consultant, Party Plan Expert, with The Sheffield Group and is the author of “RECRUIT! Connecting with People to Change Your Business and Your Life.”
Guest Post by Roseann “Ro” Shales
Could ‘Facebook Live’ Change The Game?
The participants at the U.S. Direct Selling Association’s Business & Policy Conference a few weeks ago listened to an important speech.
The speech was given by the Federal Trade Commission’s Chairwoman Edith Ramirez. It was dedicated to the FTC vs Herbalife Settlement and more importantly, how the Commission would take it from there.
Highlights From What Edith Ramirez Said
Natura is a Brazilian cosmetics direct seller that was established in 1969. It is definitely not a newcomer. However, mostly because its operations were focused only in Brazil for many years, it is not as known as the world’s other larger direct selling companies.
However, it is the 8th largest player in the global industry as of 2015 year-end. Last year, Natura’s total sales was more than USD 2.4 billion. To compare, Natura’s sales volume is higher than companies’ like Tupperware, Nu Skin, Oriflame, Jeunesse or USANA that are familiar names to many.
Ambit Energy once again has been named a leading retail electric provider, based on an annual customer satisfaction study by J.D. Power.
Youngevity International Inc. (YGYI—OTCQX) on Thursday said revenue rose 10 percent to a record $42.5 million in the second quarter, compared to $38.7 million in the same period last year.