TM JAN 13 Sri Family Biznet (P) Ltd. (A Sri Family Enterprises group company) Sri Family Biznet (P) Ltd. (A Sri Family Enterprises Group Company) No. 8/A, 1st Floor, 1st Cross, 1st Main, Manuvana, Vijayanagar, Bengaluru 560 040. Tel: 080-4172 2169 / 4127 0082 / 23100229 Email: [email protected] • Website: myfamilybiz.netHow many times have you been praised for the meals you cook up and you think to yourself: “If only I could make a business from doing this...”? Or you may enjoy creating mouth-watering meals in your own kitchen, but never realized the potential to start a food business with the very items you make daily. That’s how Sri Family Enterprises promoted by Mrs Lalitha Rao Sahib hit upon the idea to empower women by making them channel their multi-tasking abilities towards not just looking after their family but running a business and making a profit from doing it too. This simple yet ingenious Consumer to Consumer (C2C) business module is called My Family Biz. It involves minimal risk and is a great way to enter the world of business. Plus, it gives you the flexibility to work how you want, when you want. And all from home. • If you are a homemaker or housewife – My Family Biz helps you to avail of the opportunity to earn from the food you prepare for the family and build your social network. • If you are a working woman – My family Biz aims to enhance your income and increases your contacts. • If you are self employed – My Family Biz adds to your income and helps you build wider contacts to enhance your current business. • If you are a student – My Family Biz gives you the opportunity to earn pocket money and start saving for your higher educational needs. a. Introduction incentive 1 X Rs. 250.00 = Rs. 250.00. b. Profit share earned from the down line on purchase of Rs. 500.00 (MRP Based) by the member = Rs. 500 X 7.5% = Rs. 37.50. c. Rs. 250.00 + Rs. 37.50 = Rs. 287.50 x 10% = Rs. 28.75 TDS (in case of PAN holders) = Rs. 258.75 and For Members without PAN the % of TDS will more as per IT Rules will be deducted. d. If Family member purchases Rs. 350.00 worth MRP based products, she avail this credit. Rs. 350.00 – 52.50 (15%) = 297.50 – Rs. 258.75 (Credit amount) Net she will pay Rs. 38.75 only but gets Rs. 350.00 worth products. Example C: A member who earns over and above Rs. 250.00 credit a. If one introduces 4 Members, she earns Rs. 1000.00 as introduction incentive. b. When the down line members purchase Rs. 1000.00 all put together, she earns Rs. 75.00 (Rs. 1000.00 X 7.5%) as 1st level profit share. In this case there is a promotional incentive earned, if earned the same will accounted here. c. The total Profit share earned is Rs. 1000.00 + Rs. 75.00 = Rs. 1075.00. Less TDS Rs. 107.50 (In case of PAN details available or else as per IT rules) = Rs. 967.50. Out of this Rs. 250.00 will be in the members’ credit and Balance of Rs. 717.50 will be transferred to her Bank Account, through NEFT. d. In this case Bank Account with IFSC code is compulsory, till we get the bank details (copy of the bank pass book or one cancelled cheque leaf with MIN Details) the amount will be in the members retail wallet which can be carried over, till such time the details are made available to the company. e. The amount of Rs. 250.00 credited and laying in her account has to be utilized during following months purchase only CARRY OVER is permitted. Total Product Satisfaction My Family Biz assures total product satisfaction in quality, taste and safety. However, in case there is a genuine complaint, 100% money back is guaranteed if reported within 30 days from the date of purchase and with purchase details. Service Points are open for all members of My Family Biz in unrepresented areas.Who is behind My Family Biz? Sri Family Enterprises is the promoter of My Family Biz – this is the same family that is behind Sri Nuthatch Nutricare Technologies Private Limited set up in 1999 at Bengaluru. Headed by Mrs Lalitha Rao Sahib, the company is a leader in South India in its main area of operation – the manufacturing of authentic and nutritional food products. Sri Family Enterprises also has various other products and group concerns under its fold. Today, Sri Nuthatch has over 150 workers and a full fledged R&D department to manufacture products to international quality standards. Sri Nuthatch is HACCP certified by DNV and is an ISO 22000:2008 certified company as well. However, the uniqueness of this company lies in its philosophy – it functions like one big family because it believes in the power of human relationships. Promoter: Mrs Lalitha Rao Sahib Mrs Lalitha Rao Sahib was conferred with the “Woman Leader of Tomorrow” award at the “Leader Of Tomorrow” 2010 function by ET NOW and Indiamart. com on 3rd December 2010 at Delhi by Hon’ble Home Minister Sri P. Chidambaram. Hailing from an Udupi craftsman’s family with over 40 years of expertise not only in their craft but also in the art of Udupi food preparation, Mrs Rao Sahib is a woman entrepreneur, as well as Chairman and promoter of Sri Family Enterprises and My Family Biz.She is also a member of AWAKE, APEDA, FKCCI, KASSIA PIA, PFNDAI and NSI. Co-Promoter: Mr S. R. Rao Sahib Mr Rao Sahib is the Director of Sri Family Enterprises besides being a co-promoter. He is an MBA from Newport University, California with three decades of experience and expertise behind him. He has also worked in Voltas Ltd., a leading TATA enterprise. Rao Sahibs are the Jagirs of Arni a place near Vellore, Tamil Nadu, and the family has served Arni for more than 300 years from 1630 to 1952. Service Mr and Mrs Rao Sahib are Rotary Members and do a lot of social service. To create awareness for important social issues, every year from 1999 up to today, they, have walked the 284 km distance from their residence in Bengaluru to Tirupathi. They undertake this walkathon to create awareness for lesser known but important issues like disability in children, especially Autism. Also, to generate funds to help the under privileged in association with Rotary International – one such being the Multiple Disabled Children’s Residential Home for rural children at Dharithree near Dobaspet. Mr and Mrs Rao Sahib helped make the village children of Nelamangala Taluk, Bengaluru Rural District feel confident and well dressed by distributing ties and belts to those of them studying in the Government School of Doddabele Village. My family Biz is the only Food Company to enlighten its members on Food & its healthy benefits through Family Food Enlighters (FFE) at all Service Points as a cooking Revolution. How to avail in profit sharing, incentives and bonuses You are eligible for the profits, incentives and bonuses of a particular month only if you have made the minimum purchase of Rs. 250 (single purchase) at the M.R.P. in that calendar month, on or before the 24th of that given month. Minimum order value will be Rs. 250 in order to calculate profit sharing. After you submit the duly filled application your Membership Identity Number (MIN) and card will be issued. How the system works 1. To become a Family Member Bank Account and PAN is not compulsory. 2. Family members shall purchase Minimum of Rs. 250.00 (MRP Based) products of their choice and shall get the 15% profit share instantly. Example A: A member purchasing Rs. 250.00 worth MRP based products. a. MRP Rs. 250.00 X 15% Profit share = Rs. 37.50. b. She will avail the profit share instantly and shall pay Rs. 250.00 – Rs. 37.50 = Rs. 212.50 only to the Service Point. c. There is no upper limit, minimum is Rs. 250.00 during the payout period of 25th to 24th of the following month. Our Family Development Team will support you in building your business. 3. Family Member shall have the credit, earned there of up to Rs. 250.00 per month, as credit after TDS in her account. The same has to be utilized during the next purchase period and CARRY OVER is allowed. Example B: A member has the following credit in her account: Note: All the correspondence will be through email and SMS alerts. Members can select their payout optionOnce you become a Family Member you can use your membership Identity Number (MIN) to start purchasing products from any Service Point of your choice. There is no restriction to purchase from a particular Service Point at all. Not only you, but any of your relatives and friends, anywhere in the network region, can also purchase any My Family Biz products using your MIN and the profit based on the payout option selected will be credited to your account. For every member you introduce under your First or any Level you get Rs. 250/- as introduction incentive per member. What more could you ask for? 11 levels of up line will earn Rs. 5.00 to Rs. 20.00 as “Family Growth Incentive” per member added downline. T&C apply. Apart from the above profit shares monthly, Annual Promotional offer, Food Mela and Leadership promotions will be running. Payout Options : 1. Total to PCR Account. 2. Rs.250/- to PCR Account and balance to Bank account . 3. Total to Bank account Model of Earning Stages % Family Growth Incentive/ Member (Rs.) 1st 15.00 NIL 2nd 7.50 20.00 3rd 3.00 15.00 4th 1.25 10.00 5th 0.90 10.00 6th 0.70 10.00 7th 0.55 10.00 8th 0.40 5.00 9th 0.25 5.00 10th 0.20 5.00 11th 0.15 5.00 12th 0.10 5.00Sri Family Enterprises is associated with leading companies in India and abroad to manufacture products on a CRAM basis (Contract Research and Manufacturing). ITC Ltd (Foods Division): Sunfeast Pasta Treat & Aashirwad Instant Mixes Nilgiris: Masala and Instant Mixes AVT Gravia: Mexican Food Products Elken: Healthcare Products Sri Nuthatch, the manufacturing facility of Sri Family Enterprises, is an ISO 22000:2008 and HACCP certified unit with its own dedicated team and in-house Quality Assurance Department to deliver quality products to valued consumers Sri Family Enterprises now wishes to offer these products to My Family Biz members under the following brand names: Sri UdupiRuchi – South Indian based spices, masala, instant mixes and pickles. Nutramine – Nutritional food supplements for children, women and diabetics, as well as the entire family. Temptas – New generation products like veroodles, pasta, milkshake mixes, fruit drink mixes, breakfast porridge, desserts and soups. Each category offers a choice of several variants & First to Introduce range of Jain Products. Family Trial Pack How to become a Family Member To become a Family Member you need to purchase the Family Trial Pack for Rs. 900 (MRP) from a Service Point. This Family Trial Pack contains various My Family Biz products worth around Rs. 750 (MRP) a Demo Kit (with a Family Presentation Procedure manual, leave behinds), measuring cup, scoop and an application form along with 3 Gift Vouchers of Rs. 100 each @ MRP, for further trial purchase Now all you need to do is prepare the products of My Family Biz at home and serve to your near and dear ones and watch them certify the quality, taste and other benefits. Fill the application form and submit it to any Service Point of your choice along with enclosures duly self attested. Your form will then be uploaded to the database and you will be allotted a Membership Identity Number (MIN). Get the same by SMS. Now your food is ready to start earning you profit. And you are ready to spread the word of your product experience to your friends, relatives and neighbours through the Family Presentation Procedure manual. Soon you will see your profits come pouring in! MY BIZ enrich your lifeMy Family Biz is exclusively a woman’s network that utilizes family and friends to promote the products of My Family Biz through word of mouth and product satisfaction. This module of Consumer to Consumer, or in this case, Woman to Woman Business encourages women empowerment and entrepreneurship. The concept behind My Family Biz is “Your food can earn you profit”. Please note, this is not a marketing module where you are compelled to sell the products. This is your family business! So all you need to do is to promote or talk about the products to your relatives, friends and neighbours. Or better still, cook and serve them the food and the food will sell itself! 3 steps and you’re in business! Step 1: Buy whatever My Family Biz products you use in your daily life. Step 2: See how your own family appreciates this wide range of easy to make, yet delicious and nutritious food products. Step 3: If they are satisfied then it’s time to tell others about them too. The purchase of any of these products promoted by you then results in you getting a profit for every product sold! What’s more, no big investment is required. You just need to buy Rs. 250 (MRP) (Inclusive of Taxes) worth of products every month to get your profit share and incentives. There are no targets, however, there will be short term and long term promotions to boost your business and help you to earn more and more profit. All My Family Biz products will be sold through conveniently located Service Points. There will also be Media and other support to help you promote My Family Biz. Eligibility to become a Family Member • Open to all women above 18 years of age. • Women Self Help Groups (SHG) Eligibility to set up a Service Point 1 To set up a Service Point all you need is 100 sq. ft. of space, a computer, a printer and an internet connection. A good network of people will also be to your advantage. Minimum No. of 25 FM under their Family Tree is a must. 2 There will be Service Points close by, within Family Member’s reach. 3 Family Members can also set up a Service Point. 4 Approach the Family Development Team of My Home for more details.
Posted on: Sun, 06 Oct 2013 03:56:05 +0000
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