You have been invited to join a growing initiative you have the opportunity to produce a residual income while also doing good for communities
The aim is for you to sell stocks in Healthy Boost Bargain Barns that will essentially sell themselves as long as the message is relayed correctly. Please review this template outlining your essential Job functions and how the territory investment works, so you can be positive that this is an opportunity you are willing to embrace. We are in talks with several well-known public figures to go on a media tour promoting our initiative.
Understanding Your Territory Sales Manager Duties
Essential Job Functions
- You will Interview, select, train, schedule, coach, and support associates, ensuring they perform in accordance with established brand standards and are consistent with HB's core values.
- ( Admin will vet interested candidates, screen them and send their resumes to you. Admin will set up advertising locations in your territory. You will have to monitor and train the staff for them. Depending on the size of your territory you will have a street team of 10-20 reps promoting 3-5 different acquisitions at a time. You will have access to the management app where you will be able to monitor locations of all reps through GPS and see what leads they have coming in on a daily basis)
- You will manage accounts ensuring pertinent aspects of solicitation and closing are complete and documented.
- ( Each person who is investing on the crowdfunding page must sign different agreements acknowledging they understand the investment. Some may request a call for a consultation before they move forward, that would fall in your court to call them and ensure they understand everything clearly )
- You will coordinate various departments' participation in servicing accounts.
- ( There will be different locations within your territory that will want to support the initiative and they would need to have sign-up sheets as well as pamphlets. You will have to make sure all sign-up sheets are picked by a street team member once a week and make sure they have enough leaflets )
- You will attend meetings at different venues to promote Healthy Boost Bargain Barn stock ownership.
- ( Admin will set up seminars at local centers in your territory. You will have to attend with the selected team members to cover our offer)
- You will visit prospective acquisitions to assess shopper traffic.
- ( These are prospective locations that we are interested in, which you will visit to assess the traffic)
- You will visit established Healthy Boost Bargain Barns periodically, to make sure they are maintaining Brand Standards.
- (After we have established supermarkets in your territory you will have to visit them once every two weeks (or more times if required) to make sure all things are running in order )
How Investing In Your Territory Works
Key Terms
Equity :
Equity represents the value that would be returned to a company’s shareholders if all of the assets were liquidated and all of the company’s debts were paid off. We can also think of equity as a degree of residual ownership in a firm or asset after subtracting all debts associated with that asset.
Sweat Equity:
Sweat equity is a non-monetary contribution that a company’s stakeholders give, in the form of labor and time that benefits the company, rather than a monetary contribution. Sweat equity is rewarded in the form of sweat equity shares. Sweat equity shares are shares given out by a company in exchange for labor and time rather than a monetary amount.
Your investment goes towards your territory administrative cost and how much you invest determines how many supermarkets that you will have percentage ownership in.
Supermarket Acquisition Example
- Purchase price: $1,000,000
- Owners Cash Flow: $420,000
To put this into perspective 5% equity of our sample Acquisition is $21,000 a year. A $5000 investment would be 0.5% equity in the supermarket. As a Territory Manager you would get an extra 4.5% sweat equity
- $5000 = 1 Supermarket
- $10,000 = 2 Supermarkets
- $20,000 = 4 Supermarket
- $30,000 = 6 Supermarket
- $50,000 = 10 Supermarket
Your Admin fee pays for all of the following :
Literature
Stand up banners
Social Media Ads
Administative Support
- Apparel
- Advertisement Table & Table Cloth
- Neck Lanyards & Id
If you invest cash, you get 100% of the stock value’s worth. If you take out a loan where payments are guaranteed by Healthy Boost, you retain 50% of the promised value for example: Instead of 10 supermarkets for $50,000, you will have rights to 5. If you take out a loan to cover 1-2 territories, your loan will be paid from the commission for your stock sales from those supermarkets.
Stock Commissions Example :
You make 2% of the equity raised, normally they will be looking to raise 60% from the community, so 2% of $600,000 equals= $12,000. If you obtained a loan you can opt to pay it off, you can reinvest if they’re still available territory options or you can retain your profit
If we don’t have suitable a supermarket acquisition in certain areas we will develop our own Supermarket
Because of how heavily we will advertise our initiative in the community and the unbeatable prices we will be able to offer on grocery products, we can essentially build our own supermarket using the same Equity Crowdfunding Structure. We will only do this if we have immense community support
Duties, Obligations & Financing Acknowledgement Form
Please acknowledge that you understand this position's duties and requirements.
Whats Next
- If you require financing, this will be reviewed and you will have a pre-approval loan amount or a denial within 1 business day
- Once you decide on an investment amount via cash or loan, you will go over your territory and contract with your Regional Sales Manager.
- You will sign the contract and make payment.
- Your advertisement supplies will arrive at your local office within 4-7 business days
- Applicants will begin to be vetted for your street team.
- You will be scheduled for a 1-day training along with ongoing support
- After your contract is signed, we aim to have you active in one and a half weeks maximum.
