****Trademark of Story Time Felts
Story Time Felts
Copyright Jeffrey Babener www.mlmlegal.com
Editor's Note:
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Founding Story
Lori Whiting discovered the product at a convention. She brought the product to Utah in 1992 where her husband, Dale, and she operate the business out of a warehouse.
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Impact on the Industry
NA
Discussion of Products
Story Time Felts sells products for children, which include books, felts, puzzles, learning materials, and toys.
Discussion of Opportunity
The company offers the following compensation plan:
Starting in March of 2014, we are offering a new Compensation Plan. You will (www.mlmlegal.com) receive commission on mountings and cut retail price. YES!!!! You will receive commission on it all. No more tracking volume, and it is simple and streamlined!!! Your commission will be based on your personal retail sales(PS).
Sales (Based on Retail Prices)
Commission
Consultant
0.00 - $1000.00 Retail Sales 25%*
Senior Consultant
$1001.00 - $3000.00 30%*
Career Consultant
$3001.00 on up 35%*
Director
This is by invitation only and is based upon performance of sales and recruiting new consultants
40%*
*If there is no activity in sales within 6 months of your sign up date, you will need to pay $15.00 to be able to purchase at a discounted price for the next 6 months until your renewal date. If you have not done any sales within the year, you will drop down to the consultant level again and start again at the lowest level. It is important that you have sales through out the year to maintain the higher commission.
Team Bonus: If you would like to recruit and build a team, you will receive a bonus on your team sales at the end of the year just in time for Christmas. You will receive 2% on the total retail sales of your (www.mlmlegal.com) downline, after the new consultant reached $500.00 in sales. The team bonus will run this year from March 1, 2014 until October 31, 2014. The bonus check will be mailed on November 10, 2014. You will only receive bonus on the consultant directly under you. You will not receive an extra 2% on your Personal Sales. It will be only on your down line after the new recruit reaches her $500.00 in sales.
Team Bonus Requirements
3 Active Consultants with your personal sales of $600.00 per year.
***When you recruit a new consultant, you will receive $50.00 in cash or $50.00 in free product (excluding supplies), when your new recruit reaches
Personal Sales of $500.00.
Personal Bonuses: We are offering a personal bonus when your retail sales reach the following amounts per month:
$100.00 - $499.99 2% Bonus on Personal Retail Sales
$500.00 - $999.99 3% Bonus onPersonal Retail Sales
$1000.00 - on up 5% Bonus on Personal Retail Sales
It's easy to get started too. You can purchase a membership then add supplies and or the product that best suits your interests and plans. You can become a Consultant for a low as $35.00!
For additional information, (www.mlmlegal.com) one must contact the company.
Discussion of Distributor Base and Sales Volume in U.S.
NA
**Trademark of Story Time Felts
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Jeffrey A. Babener, principal attorney in the Portland, Oregon, law firm Babener & Associates, represents many of the leading direct selling companies in the United States and abroad.
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