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Best Regards,
T

Friday, May 26, 2006

Wants to Re-Fund

SS sent me an e-mail, asking me about the re-fund procedure when he
has 2 or 3 Franchisee under him. He has been in the business for about
4 months now and is deciding to quit.

Read his mail.
--------------------------------------------------------------------------------------------

Hi. i'm SS... i'm count in LB business for 4
months.. n now i dun to continue this business.. i
want ask about the procedure about 90% refund? if i
oredy got 2 or 3 franchisee direct line and if my
upline oredy become a marquis.. is it still possible
if i get my 90% refund?? only some my item are
non-refundable products.. i want my refundable
products back to them and i get my refund.. pls do
reply a.s.a.p.. i'd like to thank you if u can help
me.. ^^

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SS, you can re-fund but your re-fund must minus all the profits that
you gained from pushing your stocks to your franchisee.

So, so meaning to say that you have RM 27,000 of refund left
from that RM 30,000 you will have back RM 19,965 left.
Raw calculation and not acurate.

3 comments:

Anonymous said...

Profits = (2345 * 10%) * 3 = 703.5

Refund = (distributor prices of returnable product * 90%) - profits

Let's say you have RM5000 unreturnable products,
Refund = ((30000 - 5000) * 90%) - 703.5 = 21796.5


I may be wrong.

Anonymous said...

Sorry, mistake.

Profits = (2345 * 28%) * 3 = 1969.8

Refund = (distributor prices of returnable product * 90%) - profits

Let's say you have RM5000 unreturnable products,
Refund = ((30000 - 5000) * 90%) - 1969.8 = 20530.2


May be wrong.

Lampe Berger Help said...

anonymous's calculation is roughly correct..

take note.. that is gross..

haven't minus the promotional items that u cannot refund. or sig if u have any...