27.07.2014 Views

Demonstrator Manual - Stampin' Up!

Demonstrator Manual - Stampin' Up!

Demonstrator Manual - Stampin' Up!

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Check your orders carefully so you don’t miss<br />

opportunities to earn incentives or qualify for increased<br />

volume rebates or downline override commissions. If<br />

you are close to promoting to a higher title or achieving<br />

an incentive (such as cruise or a free stamp set) even<br />

small problems can make a big difference.<br />

Some common mistakes are:<br />

■ submitting an order after the end of<br />

an incentive period<br />

■ leaving an order in Modify status when you<br />

meant to close and submit it<br />

■<br />

Check for Errors<br />

submitting incomplete Starter Kit Order Forms<br />

and Independent <strong>Demonstrator</strong> Applications<br />

■ submitting incomplete tax-exempt orders<br />

■ counting supply orders and event<br />

registrations toward your personal net sales.<br />

Potential Income<br />

Earning Statements<br />

Stampin’ <strong>Up</strong>! makes no promise or income claim for<br />

demonstrators and strongly discourages demonstrators from<br />

making income claims to potential recruits.<br />

Avoid making claims regarding earnings and compensation<br />

that are not truthful and accurate, or, even if true, are<br />

misleading or ambiguous in any respect. Don’t make specific<br />

statements regarding someone else’s earnings. Don’t estimate or<br />

quote what a potential demonstrator might earn. If you choose<br />

to share details from your own personal experience, be honest;<br />

don’t exaggerate the income you receive or underestimate the<br />

amount of time and money that you invest.<br />

Be careful how you report your income and the income<br />

of those in your downline in your promotional pieces.<br />

For example, if you report the incomes of the top ten<br />

demonstrators in your downline in your monthly newsletter,<br />

a prospective recruit may infer that those figures are<br />

representative of what she could make. You would be subject<br />

to claims of misleading advertising from that recruit if she<br />

joined and didn’t generate the same level of income.<br />

Income Tax<br />

As an independent contractor, you are responsible for keeping<br />

track of your own earnings and expenses for income tax purposes.<br />

Several states have additional business taxes that may apply to<br />

your demonstratorship. You may want to seek an accountant<br />

familiar with the direct-sales industry for tax advice.<br />

Stampin’ <strong>Up</strong>! does not issue 1099s for the instant/deferred<br />

income or volume rebate portion of demonstrator income. You<br />

will need to keep your own records to determine the applicable<br />

local, state, and federal income taxes on instant/deferred<br />

income and volume rebates. 1099 forms will be issued for a<br />

demonstrator’s override commissions, prizes, awards, etc., in<br />

the amount of $600 or more a year. Your 1099 will be mailed<br />

on or before January 31 of the current year and will include<br />

commissions and the value of all incentives, such as earned<br />

trips, contest awards, and similar benefits, earned during the<br />

previous calendar (tax) year. You will not receive a W-2 Form,<br />

nor will Stampin’ <strong>Up</strong>! withhold taxes on any earnings. You are<br />

responsible for reporting your earnings on individual federal<br />

and state income tax returns.<br />

California Sales Disclosures<br />

If you live in California and your income from Stampin’ <strong>Up</strong>!<br />

exceeds $600 in any given year, we are required to provide<br />

the Employment Development Department of the State<br />

of California the following information: your name, social<br />

security number, address, and start date.<br />

On Your Way<br />

We hope the information we’ve just explained will help you<br />

choose where you want to get to as you stand at this exciting<br />

crossroad. If you have questions, don’t hesitate to contact your<br />

upline. As you’ve discovered in this chapter, she has several<br />

reasons to care about your success! Additionally, Stampin’ <strong>Up</strong>!<br />

is ready to offer whatever assistance you need. You can contact<br />

<strong>Demonstrator</strong> Support with any questions or concerns you<br />

may have.<br />

We’re excited to have you join us on the road to achieving<br />

your goals. The Stampin’ <strong>Up</strong>! opportunity is a fun and exciting<br />

one—one that’s filled with potential. With your knowledge of<br />

the Stampin’ <strong>Up</strong>! Career Plan, you’re well on your way—all the<br />

while grinning like a Cheshire Cat.<br />

© 2011 STAMPIN’ UP! 4.9

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!