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Monthly Archives: May 2017
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Zija International Acquires XANGO
by mallen@directsellingnews.com • • 0 Comments
Zija International, the Lehi, Utah-based direct seller, announced that it has acquired XANGO, the health and wellness company also based in Utah that was the first to market a premium mangosteen beverage to consumers worldwide.
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Medifast and Herbalife Announce Q1 2017 Financial Results
by mallen@directsellingnews.com • • 0 Comments
Medifast, the parent company of direct seller Take Shape For Life, announced financial results for the first quarter ended March 31, 2017.
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Shareholders’ agreement: Why is it necessary for your small business?
by Ben Lobel • • 0 Comments
It’s very easy for shareholders/owners to start a business and postpone their shareholders’ agreement; it is important to get these agreements in place to begin with. When incorporating a company with two or more shareholders, a shareholders’ agreement is a key consideration. Although it is not a legal requirement, its purpose is to further regulate the
The post Shareholders’ agreement: Why is it necessary for your small business? appeared first on Small Business.
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John “Blaze” Chatman Reaches National Director Rank With Total Life Changes
by Nicole Dunkley • • 0 Comments
Total Life Changes is pleased to welcome Manteca, California’s John “Blaze” Chatman to its circle of National Directors. John has been with TLC since December 1st, 2014, a date he recognizes in retrospect as the beginning of a new phase of his life and career.
As an experienced network marketing veteran, John knew from the outset that TLC had great potential because of the quality of its offerings.
“Our culture is different because, instead of leading with the business opportunity, we actually lead with the products,” John says. TLC’s products have a powerful impact on customers, and as they talk about their experiences with friends and family, John has seen his business grow organically.
The testimony of his team speaks for itself, with some of their customers reporting that they have lost as much as 45 pounds within 60 days. John has benefited from TLC’s products himself, with a regimen of Iaso tea, Resolution Drops and NutraBurst allowing him to lose weight and keep it off. “What I enjoy about this company is clear from the name itself: Total Life Changes,” explains John. “That’s what TLC has been for me.”
National Directors are among the very cream of the crop at TLC, with
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Mannatech Q1 Sales $40.6 Million
by Nicole Dunkley • • 0 Comments
Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its first quarter of 2017.
First quarter net sales for 2017 were $40.6 million, a decrease of $0.1 million, or 0.2% as compared to $40.7 million in the first quarter of 2016. Income (loss) from operations was $(2.0) million for the first quarter 2017, as compared to $0.5 million in the same period in 2016.
Net income (loss) was $(1.2) million, or $(0.46) per diluted share, for the first quarter 2016, as compared to $0.6 million, or $0.21 per diluted share, for the first quarter 2016.
For the three months ended March 31, 2017, Mannatech’s operations outside of the Americas accounted for approximately 61.8% of Mannatech’s consolidated net sales.
First quarter 2017 Asia/Pacific net sales increased by $0.5 million, or 2.3%, to $21.9 million, as compared to $21.4 million for the same period in 2016. This increase was primarily due to a 7.9% increase in the number of active independent associates and members partially offset by a 5.1% decrease in revenue per active independent associate and member.
During the three months ended March 31, 2017, the loyalty program increased sales by
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10 Reasons You're Still Not Happy
by Sam McRoberts • • 0 Comments
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LinkedIn's Reid Hoffman to Entrepreneurs: Raise More Money Than You Need
by Andrea Huspeni • • 0 Comments
In the new episode of ‘Masters of Scale,’ host Reid Hoffman chats with the founder of Eve and Minted about the importance of stocking the war chest with a lot of cash.
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What Superheroes Can Teach Us About Investment Strategy
by Henri Steenkamp • • 0 Comments
Look past the bodysuits and capes: Heroes hold the key to practical business knowledge whether your market is in Gotham or somewhere a bit closer to home.