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Mary Kay "Ways to Get Inventory"

Mary Kay "Ways to Get Inventory"

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Published by MaryKayVictims
Source: http://users.metc.net/diamonds/

http://users.metc.net/diamonds/Ways%20to%20get%20Inventory.pdf
Source: http://users.metc.net/diamonds/

http://users.metc.net/diamonds/Ways%20to%20get%20Inventory.pdf

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Published by: MaryKayVictims on Jun 13, 2013
Copyright:Attribution Non-commercial

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08/20/2013

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SUCCESS IN MARY KAY 
 
Nothing comes easy to those who wait, yet success comes to those whoact. In Mary Kay Cosmetics, you can be guaranteed success if you ap-proach your new career as just that a
caree
not a
hobby.
Even if you chooseto build your business part-time, the part-time hours you devote will reapthe greatest rewards if you are focused. To get focused, you must:Within the first week:
Open your showcase and familiarize yourself with the contents.
 
Begin working with your
SKIN CARE CLASS 
using the workbook,video tape and audio cassette
Begin booking appointments to complete your
POWER START 
(30faces) or
 
PERFECT START 
(15 faces) during your first 30 days.
Begin recruiting on
YOUR FIRST DAY.
By adding your first businessassociate
 
in your training period you will earn your
PEARLS OSHARING.
As women it’s always fun to do things together.
Decide how you are going to approach your business, either with in-ventory, taking orders, or a combination of both.
Determine your activity level:
* Spare-time Consultant:
1 skin care class and 1 recruiting interview per week.
* Very Part-time Consultant:
2 skin care classes and 2 recruitinginterviews per week.
* Part-time Consultant:
3 skin care classes and 3 recruiting interviews per week.
* Management Consultant:
3-5 skin care classes and 3-5 recruitinginterviews per week.
VISUALIZE
 YOUR SUCCESS
 
 
VARIOUS WAYS TO BEGIN YOUR MARY KAY CAREER
OPTIONS YOUR COST ADVANTAGES
MANAGEMENT CONSULTANT 
$3600 Wholesale $3600 Wholesale Order *50% Discount$7200 Retail 50 Sales Aids *Company Prize Winner612 Sales Tax *Emerald Star Consultant
$4262 Grand Total
*Product level to serviceapprox 55 customers
Suggested credit or loan amount—$4400
Approximate payment at 11%24 months—$20036 months—$130
PART TIME CONSULTANT 
$3000 Wholesale $3000 Wholesale Order *50% Discount$6000 Retail 45 Sales Aids *Company Prize Winner515 Sales Tax *Diamond Star Consultant
$3560 Grand Total
* Product level to serviceapprox 35 customers
Suggested credit or loan amount—$3700
Approximate payment at 11%24 months-$16536 months-$110
VERY PART-TIME CONSULTANT 
$2400 Wholesale $2400 Wholesale Order *50% Discount$4800 Retail 35 Sales Aids *Company Prize Winner418 Sales Tax *Ruby Star Consultant
$2853 Grand Total
*Product level to serviceapprox 25 customers
Suggested credit or loan amount—$3000
Approximate payment at 11%24 months—$13036 months—$90
SPARE TIME CONSULTANT 
$1800 Wholesale $1800 Wholesale Order *50% Discount$3600 Retail 25 Sales Aids *Company Prize Winner322 Sales Tax *Diamond Star Consultant
$2147 Grand Total
*Product level to service approx20 customers
Suggested credit or loan amount—$2300
Approximate payment at 11%24 months—$100
 
 
WAYS TO PURCHASEINVENTORY
Conventional Loans
 Your own bank is a prime source. They prefer loaninglarger amounts usually $3,500 to $4,000 minimum. The rates are reasonable andthere is usually no payment penalty if you decide to pay your loan off quickly.Check with other local banks as additional options. Your recruiter will haverecommendations.
Financial Institution Loans
Along with banks, financial institutions such asBeneficial, Avco, Northwest, Household Finance, etc., also have loans available. They offer a variety of loan packages. The advantage to getting a loan through afinancial institution is that the loan application is usually processed more quicklythan a bank (24-48 hours)
Credit Card: 
Mary Kay Cosmetics will accept VISA/Mastercard/Discover forinventory purchases. We recommend that you use a separate bank card for yourMary Kay purchases.
Refinance a Current Loan: 
If you already have a loan that you have madepayments on for a year or longer, you can often refinance the loan providing youwith additional capital without raising the loan payment but extending the lengthof the loan. This method works well with car loans.
Credit Unions
Credit Unions are traditionally a source of low interest loans. Callyour credit union immediately. They don’t consider this amount a businessloans. Credit Unions normally don’t give business loans but will give you apersonal loan to do Mary Kay.
Passbook Loans: 
For relatively low interest rates, you can borrow up to 95% ormore of the amount in your savings account.
Family Loans
Many times there are members of your family that are willing tohelp you start your Mary Kay business. It is recommended that the arrangementsbe made on a loan basis and that you pay monthly payments.
All interest paid on a loan for your business is a tax deduction because you are self- employed.
 
If you do not have a lengthy credit history or have not been employed long, you may need to have a co-signer to help you qualify. (parent, relative, spouse, or close friend) 
 

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