To all of you who don't want to do the Herbalife business, this post is for you!
Here's why it's important that you convert to a Preferred Member, ASAP
Starting in May 2017, Herbalife is Going to Have 2 Distinct Designations:
1. Preferred Members: Wholesale Clients who are not selling the products as a business and are just ordering products for themselves and/or family members at a discount.
2. Distributors: Health Coaches who are doing the business and selling products to others.
If you are selling Herbalife products to others as a business, you will want to remain a distributor, as you will receive an independent contractor tax form (1099) at the end of the year, pay taxes related to your sales, etc.
If you do not want to do the business, then you will gain the best advantage by changing over to a Preferred Member.
- As a Preferred Member, you don't pay the same taxes because everything you order will be considered "Personal Consumption." This means you won't be considered "Self Employed" by the IRS and you won't receive an independent contractor 1099 form.
- Herbalife has made it much easier to earn discounts (500 volume points over a 2-month period gets you a permanent 35% discount on products as a Preferred Member, whereas you need 500 volume points in one month to get to 35% discount as a distributor.
****If you switch to a Preferred Member (PM) by March 30, 2017 (via phone) or by March 31, 2017 (online), you can enjoy a $25 credit* toward your next Herbalife product order of $50 or more, which can be redeemed prior to April 30th, 2017. It will be added automatically to the next online or phone order that you place after switching to a PM.
Converting to a Preferred Member is Quick + Easy
To Convert, You Can Do Either of These:
I want to help you get the most out of being a Preferred Member or a Distributor, and to make the right choice for your business or personal health goals!
I'm here to help you develop your business, reach your health goals, or both!
Please contact me if you have any questions.