Recently, Carl Daikeler, CEO of Beachbody, posted an update on Team Beachbody’s progress to officially launch the Team Beachbody network marketing business into Canada.
UPDATE: CLICK HERE TO LEARN ABOUT THE OCTOBER 1 PRE-LAUNCH
Here is his brief summary from Beachbody corporate counsel Jonathan Gelfand in an effort to keep everyone current, especially those who have been enthusiastically waiting for this expansion:
“Multilevel marketing opportunities are stringently regulated in Canada on both a national level as well as a provincial level, with separate approvals needed for every province into which the company seeks to operate. While this does not provide a legal barrier for companies like Beachbody that provide a fair and legal business opportunity, it does mean that it takes a significant amount of time to secure the required permits and approvals.
Accordingly, we have updated our compensation plan, policies and procedures, products and supplements catalog and even marketing materials to ensure that they conform to all Canadian requirements to make our review process as fast as possible.
Even so, we have been told by Canadian regulators that the review process may take as long as 20 months. That process does not include the operational/logistics work that begins once we know we are cleared to proceed.
We do understand that we have many customers and friends in Canada who cannot wait to become successful Beachbody Coaches and we thank you for your patience. While we are pushing this forward aggressively, this process is almost entirely out of our hands while it is being reviewed by the various Canadian regulators.
To clear up any confusion, there is no “pre-registration” or reservation of spots for the Canadian opportunity, as all Coaches in Canada will be presented the same opportunity at the same time. I will continue to provide Carl and the network team with updates on our progress and milestones on our path to complete the Canada registration process.”
— Jonathan Gelfand
General Counsel
In the meantime, anyone in the United States or Canada can join Team Beachbody for Free.
There are two great ways to join Team Beachbody:
- Free membership gives you a variety of workout tools and community support to help you get results.
- Club level membership gives you a 10% discount on all purchases plus full access to the entire Team Beachbody community, including exclusive video content, VIP access to your favorite Trainers, and customizable meal plans to ensure you get all the motivation and support you need to get in the best shape of your life.
Click to find out more! http://bit.ly/jointeambeachbody
