Annexure 1 - Cloud Nine Progressive Memebership Product Description and Benefits

ANNEXURE 1 - “CLOUD NINE” PROGRESSIVE MEMEBERSHIP PRODUCT DESCRIPTION AND BENEFITS

'Bronze Level' - WORK FROM ANYWHERE, ANYTIME, ANY DEVICE!

A 'Bronze Membership' offers you the following benefits and services:

Ø Tax Agent Support - Access to Tax Agent support for lodging your client's Tax Returns, BAS and other Tax related documents with the ATO. Review of your work at higher level for Compliance and adherence to Australian Accounting Standards and Quality Assurance.

Ø Practice Manager Software - Access to “Cloud Nine ” Practice Manager Software for your business operations of billing, invoicing, client management, and reporting. “Cloud” based program. Self—paced training.

Ø Referral Partner income - As a member of Cloud Nine, any referral of work or business to Cloud Nine will be entitled to a referral income as a percentage of the referral fee generated.

Ø Compulsory Training for Practice Management Software & ‘Cloud” Accounting Software is associated with this level.

Ø Ongoing Elective/Optional Training – Access to a list of training materials in accounting related topics to help you build your knowledge and understanding at your level. Self-paced mode or Online Webinars and Recorded Videos.

Ø Website building & support (optional extra fees apply) - Option to have a professional website built for your new or existing business.

Ø Marketing support (optional extra fees apply) - Option to have a marketing plan, strategy and materials to support your business growth.

Ø Small Business and Financial resources on demand - Access to Downloadable materials and tools to be used for your bookkeeping/accounting and advisory services.

Ø Access to List of Trusted Professionals - Access to trusted professionals to expand your business services in areas such as SMSF, Auditors & Advisors, Financial Planners, Corporate ASIC secretarial staff, Loan and Insurance providers, etc. Our Associates listed here, all offer referral fees – extra income opportunity for you.

Ø Members Chat & Blog - Access to “Cloud 9” members' Chat and Blog Forum for you to ask questions to problems and engage in accounting related topics.

Ø Virtual Office Set-up (optional extra) – “Cloud 9” can offer to set-up your 'Virtual Office' environment without you having to spend the time and effort to set it up. Meaning: higher positioning in the market and low overheads in running your practice.

Ø Cross Referral Fees - 15% of the fees generated.

Ø Referral Fees will also apply when referring successfully members to “Cloud Nine” Membership program.

Ø Joining fee for 'Bronze' Level membership will depend on the Tax agent internal policies, from $229.

Ø Once members have completed Bronze level they can apply to enrol in SILVER level or stay with Bronze.

Sit back and enjoy the way you work, since all research and innovation available today is all done for you!

ANNEXURE 1 – “CLOUD NINE” PROGRESSIVE PRODUCT DESCRIPTION AND BENEFITS

'Silver Level' - WORK FROM ANYWHERE , ANYTIME, ANY DEVICE!

A 'Silver Membership' offers you the following benefits and services:

Ø Referral Partner income - As a member of Cloud Nine, any referral of work or business to Cloud Nine will be entitled to a referral income as a percentage of the referral fee generated.

Ø Compulsory Training for Practice Management Software & ‘Cloud” Accounting and Tax Software is associated with this level.

Ø Website building & support (optional extra fees apply) - Option to have a professional website built for your new or existing business.

Ø Marketing support (optional extra fees apply) - Option to have a marketing plan, strategy and materials to support your business growth.

Ø Small Business and Financial resources on demand - Access to Downloadable materials and tools to be used for your bookkeeping/accounting and advisory services.

Ø Members Chat & Blog - Access to “Cloud 9” members' Chat and Blog Forum for you to ask questions to problems and engage in accounting related topics.

Ø Virtual Office Set-up (optional extra) – “Cloud Nine” can offer to set-up your 'Virtual Office' environment without you having to spend the time and effort to set it up. Meaning: higher positioning in the market and low overheads in running your practice.

Ø Cross Referral Fees - 15% of the fees generated.

Ø With your input, earn an additional 25% from tax preparations (total recovered from client fee is 40%).

Ø Referral Fees will also apply when referring successfully members to “Cloud Nine” Membership program.

Ø Joining fee for 'Silver' Level membership will depend on the Tax agent internal policies, from $879.

Ø Once members have completed Silver level they can apply to enrol in GOLD level or stay with Silver.

Sit back and enjoy the way you work, since all research and innovation available today is all done for you!

ANNEXURE 1 –“CLOUD NINE” PROGRESSIVE MEMBERSHIP PRODUCT DESCRIPTION AND BENEFITS

'Gold Level' - WORK FROM ANYWHERE , ANYTIME, ANY DEVICE!

A 'Gold Membership' offers you the following benefits and services:

Ø Support to BAS agent status - Support for your application in obtaining your BAS Agent License once the necessary conditions and criteria are met by the Tax Practitioners Board. Tax Preparation Level 2.

Ø Tax Agent Support - Access to Tax Agent support for lodging your client's Tax Returns, BAS and other tax related documents with the ATO. Review of your work at a higher level for Compliance and adherence to Australian Accounting Standards and Quality Assurance.

Ø Practice Manager Software - Access to Practice Management Software, “Cloud” Accounting and Tax software used for operating your business. This software contains billing, invoicing, client management and reporting.

Ø Tax Preparation Software - Access to Tax Preparation software for you to work on and complete tax returns and work papers required, in order for our accounting staff to review and lodge these documents with the ATO.

Ø Referral Partner income - As a member of Cloud Nine, any referral of business or person to Cloud 9 will be entitled to a referral income percentage of the referral fee generated.

Ø Full Training & Support - Training will be provided to you how to use the Practice Manager Software and the Tax software provided. Group support will consist on telephone, email, internet or one to one communications.

Ø Compulsory Training in Practice Management Software and Tax Preparation Software will be scheduled.

Ø Ongoing Elective/Optional Training - Access to a list of training materials and accounting related topics to help you build your knowledge and understanding in order to become a competent Accounting/Tax Professional.

Ø Website building & support (optional extra) - Option to have a professional website built for an additional fee.

Ø Marketing support (optional extra fees apply) - Option to have a marketing plan, strategy and materials to support your business growth.

Ø Business and Financial resources on demand - Access to Downloadable materials and tools to be used for your small business services, including accounting, tax and advisory services.

Ø Access to Trusted Professionals - Access to trusted professionals to expand your business services in areas such as SMSF, Auditors & Advisors, Financial Planners, Corporate ASIC secretarial staff, Loan and Insurance providers, etc.

Our Associates listed here, all offer referral fees – extra income opportunity.

Ø Members Chat & Blog - Access to “Cloud 9” members' Chat and Blog Forum for you to ask questions to problems and engage in accounting and tax related topics.

Ø Virtual Office Set-up (optional extra) – “Cloud 9” can offer you to set-up your 'Virtual Office' environment without you having to spend the time and effort to set it up. Meaning: higher positioning in the market and low overheads in running your office.

Ø Cross Referral Fees - 15% from fees generated.

Ø With your input earn an additional 30% on Tax/BAS Preparation fee (total recovered from client fee is 45%)

Ø Opportunity to recover membership fees from the Cross-Referral program

Ø Referral Fees will also apply when referring successfully members to “Cloud Nine” Membership program.

Ø $3,899 to join 'Gold' Level membership

Ø Recommended period of completion is 12-14 months.

Ø Once members have completed Gold level they can apply to enrol in PLATINUM level or stay with Gold.

Sit back and enjoy the way you work, since all research and innovation available today is all done for you

ANNEXURE 1 – “CLOUD NINE” PROGRESSIVE MEMEBERSHIP PRODUCT DESCRIPTION AND BENEFITS

'Platinum Level' – WORK FROM ANYWHERE, ANYTIME, ANY DEVICE!

A 'Platinum Membership' offers you the following benefits and services:

Ø The Modern Practice in the “Cloud” –Turn-Key Solution to set-up and operate successfully your own Accounting Practice. Full implementation and full access to Cloud Nine Hub resources and platform including software, tools, systems and procedures including accounting and tax advisory resources, all in one place. Instant access to the market! One-on-one support!

Ø Tax Agent Support - Access to Tax Agent support (if required), for lodging your client's Tax Returns, BAS and other tax related documents with the ATO. Review of your work at higher level for Compliance and adherence to Australian Accounting Standards and Quality Assurance.

Ø Practice Management Software - Access to Practice Management Software used for operating your Accounting Firm.

This software contains billing, invoicing, client management, staff management and reporting.

Ø Accounting and Tax Preparation Software - Access to Client Accounting and Tax Preparation software for you to complete Compliance work and tax returns and access to work papers templates necessary to complete this work, in order for our Senior Accounting staff to review and lodge the necessary documents with the ATO.

Ø Support to tax agent status pathway - Support for your application in obtaining your Tax Agent License once the necessary conditions and criteria are met by the Tax Practitioners Board. (If required).

Ø All Templates, Work papers & Resources, Systems, Procedures and Calculators will be available when accessing the "Cloud9 Hub”, under one login. All in one place!

Ø Access to tax law data base and research tool - Access to a comprehensive Tax Law database and research tool to help you find the right Tax Law and tax related solutions enabling you to solve complex accounting and tax issues.

Ø Referral Partner income - As a member of Cloud 9, any referral of business, review work, tax agent support work, or successful referral of a new member to Cloud 9 will be entitled to a referral income as a percentage of the fees generated.

Ø Full Training & Support - Training will be provided to you how to use the Cloud 9 Hub, Practice Manager, Accounting and

Tax Software. Support will consist on the phone, email, internet, webinars and videos available and by one-on-one support by your designated Senior Manager. Compulsory training will be scheduled to accomplish these programs.

Ø Ongoing Elective/Optional Training – Access to a list of training materials and accounting related topics to help you build your knowledge and understanding of all areas of business and accounting, you would be interested in.

Ø Website building & support - Option to have a professional website built for an additional fee.

Ø Marketing support (optional extra) - Option to have a marketing plan, strategy and materials to support your business growth some resources for free and some at an additional fee.

Ø Business and Financial resources for Advisory Services are Included in subscription - Extra Downloadable material will be available and updated regularly with new tools and resources to reflect the latest and best resources available in today’s market, for your accounting, tax and advisory services.

Ø Access to Trusted Professionals - Access to trusted professionals to expand your business services in areas such as SMSF Auditors & Advisors, Financial Planners, Corporate ASIC secretarial staff, Loan and Insurance providers, etc.

Ø Members Chat & Blog - Access to Cloud 9 members' Chat and Blog forum for you to ask questions to problems and engage in accounting related topics with other members and professionals.

Ø Virtual Office Set-up (optional extra) - Cloud 9 can offer you to set-up your 'Virtual Office' environment without you having to spend the time and effort to set it up. Meaning: higher positioning in the market and low overheads in running your office.

Ø Cross Referral Fees - 20% of the fees generated.

Ø With your input, earn an additional 30% Tax Preparation (total recovered from client fee is 50%)

Ø $4,790 plus $199 per month to join 'Platinum' Level membership

Ø Opportunity to recover your membership fees from the Cross-Referral program

Ø By joining “Cloud Nine” at the Platinum membership level you will definitely have at hand all you need and more, to set-up and operate a successful Modern Accounting Practice of your own, with the most efficient procedures existent in the market today and the lowest overheads possible. No further Capital investment required!

Ø Recommended completion for this level is one year you to be able to accomplish, learn and make the most of the resources implemented.

Sit back and enjoy the way you work, since all research and innovation available today is all done for you!

Cloud Nine Associates Pty Ltd
Tax Agent Umbrella / Cloud Nine Group
Membership
Bronze / Silver / Gold / Platinum
Price / From $229 / From $879 / From $3,899 / $4,790 plus
$199/month
Tax agent support / / / /
Practice manager Software / / / /
The Modern Office in the “Cloud” / /
Tax Preparation Software / / /
Support to BAS/Tax agent status pathway / /
Templates, Work papers, Tools & Resources Online /
Templates, Work papers & Resources –Downloadable
On demand – at a fee (optional extra) / / / /
Access to tax law data base and Research engine /
Referral partner income / / / /
Full Training & Support / /
Ongoing Elective/Optional Training / / / /
Website building & support –at a fee (optional extra) / / / /
Marketing support – at a fee (optional extra ) / / / /
Advisory Tools and Resources Online /
Business and Financial Resources and Tools – Downloadable On Demand – at a fee (optional extra) / / / /
Access to List of Trusted Professionals: / / / /
-SMSF auditors & Advisors / / / /
-Financial Planners / / / /
-Corporate ASIC secretarial staff / / / /
-Loan & insurance providers / / / /
Support Hotline and Dedicated Manager /
Members chat & blog / / / /
Virtual Office Set-up - at a fee (optional extra) / / / /
Full Turn-Key Accounting Practice
All Resources, Tools, Training and Support /
· This is a brief summary of the features. Full presentation will follow after your application is accepted by us (see Introduction Form) / Bronze
/ Silver
/ Gold
/ Platinum
Cross Referral Fees / 15% / 25% / 25% / 25%
· Prices incl. GST, valid till 30 June 2016

COMPARISON OF CLOUD NINE LEVELS OF MEMBERSHIP