Xangobusinessdemo

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Brief description of how the business will work best for you.

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Xangobusinessdemo

  1. 1. Month #5: Month #4: $100 - $100 $150-$100 = = $0 + $50 Month #3: $200-$100 = $50 + $50 = = $50 $100 + $50 = $100 Month #2: $250-$100 = $150 $150+ $50 = Month #1 $200 = $250
  2. 2. If you cut your costs by getting 10 people, why wouldn’t the people you sign up do the same thing? -Cuts their cost -Fastrack bonus -5 months for free
  3. 3. Assumptions: Everyone is on ADP Everyone recruits 10 people New set of 10 join each month Time span: 5 months
  4. 4. Working Income $80,000.00 Business Income $80,000.00 Example Federal Tax $20,800.00 Federal Tax $10,496.00 Provincial Tax $8,928.00 Provincial Tax $4,400.00 RRSP Contribution $0.00 RRSP Contribution $0.00 Business vs. Work Yearly net salary $50,272.00 Yearly net Revenue $65,104.00 Net Monthly Income $4,189.33 Monthly Revenue* $6,666.67 Bills (monthly) $2,800.00 Bills (monthly)+RRSP $2,800.00 $1,389.33 $3,866.67 Federal Tax* $507.31 Provincial Tax* $212.67 $3,146.69 Breakdown Breakdown Income ratios Income ratios Net Weekly Earnings $966.77 Net Weekly Earnings $1,252.00 Net Daily Earnings $137.73 Net Daily Earnings $178.37 3 (Tax Bracket) (Tax Bracket) 'Real' Income 'Real' Income Income hourly (8hrs) $24.17 Income hourly (8hrs) $31.30 Bill Expense (8hrs) $16.15 Bill Expense (8hrs) $16.15 Real Hourly Wage $8.02 Real Hourly Wage $15.15 Real Daily Income $64.12 Real Daily Income $121.17 Real Monthly Income $1,389.33 Real Monthly Income $2,625.33 Real Yearly Income $16,672.00 Real Yearly Income $31,504.00

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