Terms & Conditions
“My Business Buddies” neither the organization nor any of its Directors / President / Secretary, employee or any member (buddy) does not guarantee any business to its fellow buddies.
Membership :
- An individual with legal age 18 & above can join My Business Buddies as member by paying requisite Joining Fee with only ONE Business Classification.
- An individual who joins this organization will be called as “Buddy”
- The membership is subject to approval by the Authorities.
Fee & Other Charges :
- Only one time Joining fee is payable (as per prevailing fee structure) by every individual. Joining fee is Valid for One year from the date of his / her joining.
- To continue as Buddy Annual Renewal fee is also payable as per the prevailing fee structure.
- The organization will have the right to amend / change the fee structure (Joining & Renewal Fee) any time as when required.
- Any Fee (Joining / Renewal) once paid is non refundable, non transferrable.
Wings :
- An individual who joins the organization will be part of a Wing.
- A Wing is the group of 25-30 individuals from different business classification.
- Two individuals from Same business categories will not be allowed to Join the same Wing.
- Multiple Wings can be formed in a City.
- One individual from One business category will be allowed to join in One Wing. (Example : Mr Peter who is a CA and has already joined “Wing One” and Mr. John who is also a CA wishes to Join Wing One, then Mr. John will not be allowed to Join the same Wing One.. How ever Mr. John can join as CA in the second Wing.)
Meetings :
- Business growth (Wing) meetings will be held fortnightly at a suitable place, as decided by the wing Captains.
- Only One Single Business Owner or his / her single representative is allowed to attend the regular fortnightly meetings.
Member has to bear the cost of meeting for every additional attendees accompanying with him / her @250/- per additional attendees per meeting. - Apart from Wing meetings, Inter Wing meetings will be held on quarterly basis.
Visitors :
- An individual who is not a buddy but wants to know more about the organization can attend the Wing meeting on invitation by the existing buddy.
- As a Visitor he / she will be allowed only twice in her / her life time to attend any wing meeting, however he / she can meet multiple times with multiple buddies in person.
Duties of Members (Buddies)
My Business Buddies IDEOLOGY : GIVE– GET – GROW
- GIVE : Buddies will have to GIVE business referrals to each other and help each other in growing each other business.
- GET : Buddies can GET businesses from the business referrals received from fellow buddies.
- GROW : If all the buddies collectively follows the ideology of the organization – all buddies will GROW.
- Respect and Cooperate and follow the instructions of Wing leaders i.e. Captain, President & Secretary of the Wing
- Buddy has to declare the gross amount of business (not the amount of profit margins) he / she has received with the help / referrals from fellow buddies.
- Invite Visitors (At least One visitor a Month) to attend the Wing meetings.
- Will represent their primary profession / business. Multiple businesses representation is NOT allowed.
- Attend Wing meetings on time and stay for the full meeting time.
- Request a leave of absence in certain circumstances.
- Will have to submit a new application to change their Business classification.
- Buddies will not use My Business Buddies intellectual property to sell, distribute, or promote products or services without the written consent from the appropriate authority.
- Buddies will have to ensure him / her self the reliability & authenticity of every Referrals passed by the fellow buddies. “My Business Buddies” cannot be held responsible for any financial or any other losses occur due to any business dealing among the buddies or their business referrals.
Termination of Membership :
Membership will be terminated under following circumstances.
Member who fails to pay his / her renewal fee.
- Member found in any Fraudulent activities with in the organization or with other buddies.
- Misconduct with fellow buddies.
- Short Attendance :
a) Member who fails to attend minimum 16 wing meetings in his / her membership year, the membership will automatically be terminated at the time of renewal of membership, &
b) Members who fails to attend minimum 3 meetings in a quarter, his / her membership will automatically be terminated in the mid term of his / her membership year.
c) In both the above cases their will be NO refund of fee or part thereof. The members will be notified via email about their termination and NO further communication will be done in this regard. - Member who fails to pass any business references among his fellow buddies throughout his / her membership year. (ZERO referrals).
- False, negative, misleading or disparaging statements of any kind about “My Business Buddies” or its affiliated entities or the Services.
- Any unauthorized use of the name, logo, trademark or copyrighted material of “My Business Buddies” or its affiliated entities or any other person or entity.