Business Development Centre (BDC): Often referred to as an Income Centre. The placement in which BV is stored and to which commissions and bonuses are paid. A BDC is identified with an UnFranchise® ID number and extension number (e.g., -001, -002, -008, etc.). You may have multiple BDCs.
Placement: Term used to illustrate the UnFranchise Owner or BDC directly above or below a particular UnFranchise Owner or BDC in the Market Singapore genealogy line. Also referred to as linkage.
Independent UnFranchise Owner: An Independent UnFranchise Owner is a person who has executed an Independent UnFranchise Owner Application and Agreement and has been entered into Market Singapore’s computer database. This includes both Sales Representatives and UnFranchise Owners. Often referred to only as UnFranchise Owner.
Sales Representative: A Sales Representative is any Independent UnFranchise Owner who has not paid the subscription fee, or has not renewed his/her subscription fee when applicable. A Sales Representative cannot participate in the Management Performance Compensation Plan (MPCP).
UnFranchise Owner: Short form of Independent UnFranchise Owner.
Sponsor: An active UnFranchise Owner who recruits a new UnFranchise Owner, as indicated on the new Independent UnFranchise Owner‘s Application and Agreement.
UnFranchise Cost: The amount of money that an UnFranchise Owner pays for products ordered from Market Singapore.
Suggested Retail Price: The price the company suggests for retailing products and services. An UnFranchise Owner may charge less or more than this figure.
Business Volume (BV): The numeric value assigned to products and services, which accumulates towards the pay out of commission.
Personal Business Volume (PBV): Business Volume placed in any of a UnFranchise Owner’s personal BDCs. This BV is used initially to qualify a BDC, for quarterly BV requirements and/or to exercise the Monthly Accrual Option.
Group Business Volume (GBV): The collective Business Volume generated by all UnFranchise Owners within an individual’s downline organization. This BV accumulates towards the pay out of commission.
Qualified UnFranchise Owner: An UnFranchise Owner who has met all three of the following criteria: (1) accumulated at least 200 PBV in a BDC; (2) paid the subscription fee and (3) is linked properly.
Qualified Business Development Centre: Any individual BDC that has accumulated at least 200 PBV, and the UnFranchise Owner has met all three criteria to be a qualified UnFranchise Owner.
Qualification Date (Q-date): The Friday of the week in which an UnFranchise Owner initially meets all three criteria to be a qualified UnFranchise Owner. This Q-date is the date on which both monthly and quarterly due dates are based for each UnFranchise Owner.
Monthly Accrual Option: Ability of qualified UnFranchise Owners to continue to accrue GBV month to month by assigning a minimum amount of PBV to their BDC-001 and subscribing to the UnFranchise Management System approximately every 28 days (each monthly Q-date period). The UnFranchise Owner’s UnFranchise Level (UnFranchise Owner, Coordinator or Executive Coordinator and higher) will determine the necessary amount of PBV.
AutoShip: A standing order that is shipped automatically monthly, paid for by credit card. This order is designed to cover the PBV necessary to exercise the Monthly Accrual Option; therefore, BV is automatically placed in the UnFranchise Owner’s BDC-001. The monthly subscription to the UnFranchise Management System to exercise the Monthly Accrual Option can also be ordered through AutoShip.
Bad Flush: The flushing (resetting to zero) of accrued GBV totals in all of a UnFranchise Owner’s personal BDCs, because the UnFranchise Owners did not submit the minimum monthly PBV and/or a monthly subscription to the UnFranchise Management System to exercise the Monthly Accrual Option. Also referred to as Red Flush.
Active Independent UnFranchise Owner: An UnFranchise Owner who has met the minimum activity requirements: (1) submitting a valid quarterly UnFranchise Owner Sales Report (Form SG1000), (2) ordering and correctly assigning the minimum quarterly PBV amount and (3) submitting a valid Annual Renewal Form. This includes both Sales Representatives and UnFranchise Owners.
Quarter: For qualified UnFranchise Owners, this is a period of every three months based on the qualified UnFranchise Owner’s initial Q-date (also called a three-Q-date period). For Sales Representatives and unqualified UnFranchise Owner, this is a period of every three months based on the Sales Representative’s or unqualified UnFranchise Owner’s Start Date (date the Application and Agreement was received and entered into the computer database by Market Singapore. Also called a three-start-date period).
UnFranchise Owner Sales Report (Form SG1000): Report showing proof of at least two retail sales totaling S$250.00. This form is due each quarter for BDC-001 and one-time-only for all other extensions of the same ID number.
Purge: The flushing, resetting to zero, of accrued GBV totals and also the purging, resetting to zero, of accumulated PBV in all of a UnFranchise Owner’s personal BDCs, because the UnFranchise Owner failed to meet minimum activity requirements. This will cause the UnFranchise® Owner to be considered inactive and will cause BV amounts to be subtracted from GBV totals of qualified upline UnFranchise Owner.
Activate: To make a qualified BDC eligible to earn commission payouts at the applicable GBV levels by sponsoring and maintaining at least one qualified UnFranchise Owner on the left of your qualified BDC, and personally sponsoring and maintaining at least one qualified UnFranchise Owner on the right of your qualified BDC.
Override Commission: The dollars earned by UnFranchise Owners on GBV generated by UnFranchise Owners in the downline organization.
Coordinator: An UnFranchise Owner who has earned his/her first commission.
Good Flush: The flushing, resetting to zero, of accrued GBV totals in a particular BDC, because the UnFranchise Owner accrued at least 5,000 GBV on the left and at least 5,000 GBV on the right of that BDC for a weekly commission cycle.
Executive Coordinator: A UnFranchise Owner who has accumulated a minimum of 5,000 GBV on both left and right sides of a BDC and has earned that S$750.00 commission, or has had his/her first good flush for which a commission was earned.
Leadership (Management) Bonus: In the same week that a respective BDC earns a commission for reaching the 5,000/5,000 GBV compensation criteria (had a good flush), also having a BDC on the left side and a BDC on the right side each earn a commission for reaching the 5,000/5,000 GBV compensation criteria. This bonus is an extra S$750.00 and is also called a triple flush.
Master Coordinator: An Executive Coordinator who has earned a Leadership Bonus.