In an already uncertain time, the possibility of NatWest charging for deposits in a climate of negative interest rates will be a worrying sign for micro-businesses with small margins and limited options in terms of how they use their capital, experts have said. Howard Graham, CEO of start-up specialist Made Simple Group says, ‘Lenders are clearly
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Monthly Archives: August 2016
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Small business grants: The companies that benefitted
by Ben Lobel • • 0 Comments
Small business grants are notoriously hard to come by, but help does exist out there if you know where to look. In this Q&A we talk to Tom Craig, co-founder of digital marketing company Impression about the help he achieved from the Creative Quarter (CQ), Nottingham’s flagship project for economic growth, enterprise and entrepreneurial spirit. 1. What is
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ForeverGreen – FgXpress Q2 2016 Revenue Down 32.8% To $10.8 Million
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today financial results for the second quarter ended June 30, 2016.
Second Quarter Financial Highlights
Total revenues decreased 32.8% to $10,798,076 from $16,079,017 during Q2 2015
Sales and Marketing expenses decreased 48.6% to $4,056,821 versus $7,890,203 during the comparable period in 2015
General and administrative expenses decreased 36.3% to $3,387,969 from $5,322,385
Total Operating Expenses decreased 43.7 % to $7,444,790 from $13,212,588 during Q2 2015
Net Operating Income Increased from a loss of $1,173,114 in Q2 2015 to a gain of $338,151
Net Income for the quarter was $189,719 or .01 EPS compared to a loss of $1,446,797 or (.06) EPS during Q2 2015
Second Quarter Highlights
During the second quarter of 2016, the company experienced exciting updates that included:
Continued Cost Cutting. This includes a reduction
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Nerium Appoints Rafael Avendano Santos General Manager Of Nerium Mexico
by Nicole Dunkley • • 0 Comments
Founder and CEO Jeff Olson announced today the appointment of Rafael Avendano Santos as official General Manager of Nerium Mexico.
“It is an absolute honor to see our Mexico operation reach its two-year anniversary as it continues to grow from Mexico City and Monterrey all across the country. I know we will see Mexico success and excitement surge as we welcome GM Rafael Avendano, an accomplished professional who shares the Nerium values and culture, to our Nerium Mexico family,” said Founder and Chief Executive Officer Jeff Olson.
Since the company’s August 2011 launch in the U.S., Nerium has created skincare products focused on science and clinically proven to produce real results. After breaking sales records while building millions of consumer fans in the U.S., Canada, Mexico and South Korea, Nerium launched its Japan
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Total Life Changes Announces New Acquisition/Merger Division
by Nicole Dunkley • • 0 Comments
TLC’s founder and CEO Jack Fallon announced a new satellite office to be resided in Salt Lake City that will support an acquisition and merger division.
Total Life Changes has been recognized as an agent of change in the Direct Selling industry by offering a unique blend of innovative products and one of the most generous compensation plans for its Independent Business Owners.
Having assumed the additional role as President of Total Life Changes, Mr. Fallon has devoted substantial time to plan for the immediate and future success of the company.
This announcement stems from the growing demand of companies seeking assistance or attempting to find a new course in the industry from a leader like Total Life Changes. TLC has actively looked to extend its value in the worldwide arena by supporting businesses seeking
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23,000 Reps Expected At Market America International Convention
by Nicole Dunkley • • 0 Comments
Converting Spending into Earning” is the main message Market America | SHOP.COM will deliver to more than 23,000 eager entrepreneurs at its 2016 International Convention in Greensboro NC, home of its world headquarters, this week.
This year’s event, to be held Aug. 4-7 at the Greensboro Coliseum, will showcase the latest developments in Market America | SHOP.COM’s high-tech, high-touch approach to ecommerce.
“We have never been more positioned to change the entrepreneurial landscape than at this International Convention in Greensboro,” said Market America | SHOP.COM President and CEO JR Ridinger.
“People everywhere are succeeding through the Market America UnFranchise® business. And the pace continues to quicken as entrepreneurs enthusiastically adopt our “Shopping Annuity” concept which includes analyzing consumer spending habits with our online tools, using SHOP.COM’s comparison shopping engine to find the
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Herbalife Q2 Revenue Up 3% To $1.2 Billion
by Ted Nuyten • • 0 Comments
Herbalife Ltd. reported second quarter net sales of $1.2 billion, reflecting an increase of 3% compared to the prior year period. Second quarter 2016 net sales, excluding the impact of currency, grew by 10%.
On a reported basis, second quarter net loss of $22.9 million or ($0.28) per diluted share which includes the impact of $203 million related to regulatory settlements, compared to net income of $82.8 million or $0.97 per diluted share for the comparable quarter in 2015.
Adjusted1 earnings for the quarter grew 4% to $1.29 per adjusted2 diluted share, compared to $1.24 per diluted share for the second quarter in 2015.
Due to currency fluctuations, second quarter 2016 reported and adjusted1 net income were negatively impacted by $27.7 million and $26.6 million, respectively, and reported EPS and adjusted1 earnings per adjusted2 diluted
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Dr. William Setzer Joins The Zija Product Advisory Council
by Nicole Dunkley • • 0 Comments
Zija International is thrilled to announce that Dr. William Setzer as the latest specialist to join the Zija Product Advisory Council.
Dr. Setzer received a B.S. degree in Chemistry from Harvey Mudd College, Claremont, California, in 1973, and a Ph.D. in Organic Chemistry from the University of Arizona, Tucson, in 1981 under the direction of Professor Richard S. Glass.
He was a Postdoctoral Associate in the laboratory of Wesley G. Bentrude at the University of Utah, Salt Lake City, and an Alexander von Humboldt Research Fellow, Universität Erlangen-Nürnberg, with Professor Dr. Paul von Ragué Schleyer.
Will started his academic career at the University of Alabama in Huntsville as Assistant Professor of Organic Chemistry in 1985. He is currently a Professor and Chair of the Chemistry Department. Although he has always had a casual interest
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Jeunesse Receives Multiple Honors in 20th Annual Videographer Awards
by Ted Nuyten • • 0 Comments
Global youth enhancement company Jeunesse – a Triple AAA+ classified opportunity by Business For Home – has been recognized as a top award winner in the 20th Annual Videographer Awards, receiving nine awards.
The Videographer Awards is one of the most coveted awards in the video industry.
For the past 20 years, the competition has recognized a broad spectrum of professionals for their creativity and excellence in video design and production.
Winners range from network news operations and large production companies to freelancers, and from international advertising agencies to student producers.
Jeunesse was honored with 5 Awards of Excellence, the competition’s highest accolade, for the following videos: Life With Jeunesse, 6 Ways to Earn, 6 Amazing Years, Instantly Ageless by Jeunesse, and What Does Your Day Look Like?
The Award of Excellence is bestowed on those projects
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150,000 Reps Per Month Join OneCoin – OneLife
by Ted Nuyten • • 0 Comments
According to well informed sources, OneCoin distributors sign up more than 150,000 people per month.
On July 30 over 3,000 people came to the grand Hong Kong OneCoin Convention and Diamond Night, which was also attended by Global Distributor Sebastian Greenwood, top earner Juha Parhiala, Fernando Rys and a number of other top leaders, and to celebrate the opening of the Hong Kong Corporate Office.
Recently top earner Igor Alberts reported on his Facebook:
“The 5th of October last Year we started an Incredible Journey. 8 months later June 2016 we made Dreams come True. We had a monthly turnover of almost 26 milion Euro”. Former OG top distributor Edward Hartley has joined OneCoin
Due to the fact that BONOFA AG has adjusted its business activities the key distributors of the company have decided to join