Tag Archive for business for home

Hot Business News Today

Indian Govt Looks Abroad For Anti-Pyramiding Laws

by  •  • 0 Comments

 
From Saradha to Rose Valley and the Pearl scam, with a slew of ponzi-like financial frauds rocking the country in recent years, the government of India is also looking for solutions abroad.
Top government sources said that the finance ministry’s department of financial services (DFS) has obtained information about industry and regulatory practices from around the world in order to amend laws relating to ponzi-like, multi-level marketing pyramid schemes.

“A request had been sent to all the embassies and high commissions of India to gather all relevant information about legal and regulatory framework and industry practices for direct selling, multi-level marketing and pyramid marketing schemes in select countries,” an official document from a recent meeting said.
“Some of the inputs received from the Indian missions abroad are being incorporated in the proposed Prize Chits and

Read more...

Hot Business News Today

QNET Launches New Global Compensation Plan

by  •  • 0 Comments

 
QNET, Asia’s leading direct selling company, has embarked on an aggressive growth strategy by raising its income potential for distributors with a bold, new compensation plan that is set to bring positive sales growth in fiscal 2015.
QNET unveiled its super hybrid compensation plan called Q10 in Kuala Lumpur today that will give QNET business owners higher income potential and incentives for steady growth.

“With the power of 10, QNET will pay up to 50 percent of sales in commissions, and with 10 ways to earn, true residual income and lasting wealth are within reach of every QNET Independent Representative (IR).
“And, Q10 will be the ultimate game changer simply because the move is aimed at inspiring QNET IRs to build solid, long-term growth and residual income. It is a very bold move by the company

Read more...

Hot Business News Today

Philippines MLM Splash Profits Up 46% in Q1

by  •  • 0 Comments

 
Philippines based personal care direct selling Splash Corp. has started the year strong as it grew its earnings nearly half in the first quarter, coming off a net income plunge in 2014.
Splash said net income in the first three months of the year rose 46% to P49 million from P38 million in the same period last year.
“Thus net income for the first quarter of 2015 had already exceeded the net income for the whole year of 2014 by more than four times,” the homegrown beauty and personal care products maker said.
For full year 2014, the company’s net profit sank 84% to P12 million from P73 million in 2013 due to the absence of a P70 million extraordinary gain from the sale of a non-core asset.
“Without the extraordinary gain in 2013, net income

Read more...

Hot Business News Today

Nerium Achieves Exclusive Usage Of Anti-Aging Molecule

by  •  • 0 Comments

 
Nerium International, an innovator in age-defying skincare products, announces the addition of a groundbreaking new ingredient, SIG-1273®, to the Optimera Formula of its Age-Defying Night and Day Creams.
Engineered by Princeton University biochemist, Jeffry Stock, SIG-1273 is the result of 20 years of intensive biomedical skincare research. This intelligent molecule was perfected and patented as SIG-1273 after the creation and study of 1,272 preliminary molecules. This revolutionary, anti-aging molecule, with superior age-defying benefits, is now available exclusively in Nerium International’s Optimera Formula line.
SIG-1273 is a breakthrough in anti-aging skincare because it goes beyond treating just the symptoms of aging – such as fine lines, wrinkles, enlarged pores and discoloration: it also addresses their root causes. SIG-1273 works by mimicking and boosting the skin’s natural age-fighting mechanism effectively enhancing the skin’s ability

Read more...

Hot Business News Today

New VP Of Corporate Relations Joins doTerra

by  •  • 0 Comments

 
doTERRA announced that Kirk Jowers is joining the company as Vice President of Corporate Relations. For the last 10 years Jowers has been the Director of the Hinckley Institute of Politics at the University of Utah, in addition to serving as the University’s Director of Federal Relations, Chief Strategist for the Office of Global Engagement, and Co-interim Director of the University’s Middle East Center.
“We are very pleased that Kirk has chosen to join doTERRA,” said David Stirling, doTERRA’s President and CEO. “As the company continues its remarkable growth, someone with Kirk’s international, economic and regulatory experience will play a vital role in helping doTERRA manage the associated challenges and opportunities.”
Jowers adds: “doTERRA is an extraordinary company that empowers families with health solutions and products for enhanced well-being, provides thousands of people

Read more...

Hot Business News Today

Epicure Registered $50 Million In Retail Sales For 2014

by  •  • 0 Comments

 
Epicure, Canada’s fastest-growing party plan company just might be Vancouver Island’s best-kept secret — well, until now. Epicure CEO Amelia Warren, in Vancouver last week to promote her burgeoning women-led clean food company, was all smiles sharing the “overnight success story” that actually began in the 1990s with lots of elbow grease and little fanfare.
Last year, the self-proclaimed “ambassadors of good food” registered $50 million in retail sales thanks, in part, to a trending back-to-the-kitchen movement, social media and a national sales force of 15,000-plus.
“My mother has always promoted healthy living. She insists if you want to eat healthy you have to cook so you’ll know exactly what’s in your food … and cutting out the liberal amounts of fat, sugar and salt you see in the convenience food industry,” said Warren.

Read more...

Hot Business News Today

4Life Reveals 4LifeTransform At 2015 Convention

by  •  • 0 Comments

 
In front of 7,000 people from 70 countries, 4Life launched the new 4LifeTransform product line, featuring the much anticipated Pro-TF™, during General Session I of Convention 2015: Bring Dreams Home. The international event was translated into eight languages.
The 4LifeTransform brand includes PRO-TF™, PRO-TF™ Protein Bars, and a repositioning of the top-selling product, 4Life Transfer Factor Renuvo®.
PRO-TF is a proprietary Protein Blend that provides 20 grams of high DH protein and ultra-fast whey and egg protein, plus undenatured whey protein concentrate and 600 mg of 4Life Transfer Factor® in every two-scoop serving. Currently the product is registered in 21 markets around the world.
Chief Scientific Officer Chris Lockwood, PhD, CSCS: “I’ve spent years researching the physiological effects and benefits of different types of proteins. I believe that PRO-TF is one of the most advanced

Read more...

Hot Business News Today

Immunotec 2014 Revenues To $81 Million, Rising 47.5%

by  •  • 0 Comments

 
Immunotec, a direct-to-consumer company and a leader in the nutritional industry (the “Company” or “Immunotec”), today announced its year-end consolidated financial results for Fiscal 2014. All amounts in this press release are denominated in Canadian dollars unless otherwise indicated.
“We are pleased to report record full-year revenues and Adjusted EBITDA(1) in Fiscal 2014 fuelled by solid growth in our activities outside of Canada and operational leverage,” said Mr. Charles L. Orr, Chief Executive Officer.
“We are currently addressing some challenges related to our recent implementation of value-added taxes (VAT) in Mexico. More importantly, a growing number of consultants and customers throughout the world are experiencing the tangible benefits of Immunotec’s products and the business opportunities provide by our business model,” concluded Mr. Orr.
PERFORMANCE HIGHLIGHTS
Fiscal 2014 consolidated revenues increased 47.5% over the same period

Read more...

Hot Business News Today

Organo Gold Turkey Now Open For Business

by  •  • 0 Comments

 
OrganoGold, the global gourmet coffee company that caters to consumers’ active lifestyles, recently announced that it has opened operations in Turkey. Paul Jarvis, Regional Vice President of Europe, CIS and Africa, will manage the Company’s activities in the country.
“The opening of Turkey is a significant operational achievement for Organo Gold”, said Bernardo Chua, Founder and Chief Executive Officer of Organo Gold. “In line with our Global Footprint Initiative, Turkey unites the Company’s Asian, European and African operations and allows us to better serve our Distributors and Customers across this diverse and dynamic region.”
Co-Founder and Global Master Distributor Shane Morand added, “Turkey’s geographical importance, booming economy and young demographic complements Organo Gold’s mission, product lines and opportunity.”
It is highly gratifying for Organo Gold to be opening in a country with such a significant

Read more...

Hot Business News Today

Medifast Profits Fall 45%, Overhauls Board

by  •  • 0 Comments

 
Weight-loss company Medifast Inc. announced Monday that it would overhaul its board of directors under pressure from an activist investment firm, removing eight directors and adding five.
Medifast, is seeking to break into international markets and expand its national reach as it copes with growing competition from technology-driven diet programs on smartphones and other gadgets. CEO Michael MacDonald, who will continue as chairman, said the new board would help the company reach those goals.

The board members who are being replaced “were good board members but didn’t have the national experience or exposure that these guys were looking for,” MacDonald said. “What we’re doing now is putting in what we feel will be people who have very good skill sets to take us to that next level.”

MacDonald said he began talking last year with

Read more...