Author : Mike McCoy

Protect your home business by choosing the right company to represent There is too much of your time, money, and emotional energy at stake to casually join a network marketing company without thoroughly investigating it

Watch out for: Exaggerated income claims that appeal to greed, without a sustainable source for the income, other than fees paid by new recruits Emphasis on shifting money from person to person, without having a product or service change hands A compensation plan that funnels money to the top brass, rather than distributing it to the associates who make the sales

Analyze the management Be suspicious of company leaders whose whole focus is making money, with no regard for helping others A new, untried company with no track record is no place to risk your business success

A company that is growing too fast may not be financially stable and possibly has a heavy debt load An older company whose growth momentum has tapered off may have saturated its market, making it difficult to find new customers

Avoid a company that requires you to stock, invoice, and deliver products purchased by your customers This is too time consuming and expensive for you The company could do it more efficiently This is also true of managing team structure, accounting, and calculating of down line sales volume, paychecks, and bonuses

Likelihood of enrolling new MLM team associates: It will be hard to recruit if there is no convenient way to sign up, like a web page or an application form that can be faxed, or if the company does not accept credit cards for required fees Avoid a company that offers no help with marketing, beyond having you contact your family and friends or calling strangers It is only interested in access to your warm market

If there is no website that describes the products or services offered and the business opportunity, it will be hard to sell or recruit, beyond local contacts Also, you will need to do one-on-one product promotion that could be done more efficiently by a website Stay away from a company that does not offer good training aids, such as new associate guidelines, CD’s, DVD’s, web pages, brochures, e-mail newsletters, and meetings You, the recruiter, would need to take extra time with new recruits to train and support them, so they wont drop out

Unrealistically high team purchase quotas to qualify for override commissions make your income too dependent upon other peoples actions

Avoid the following products: Limited in number with narrow market appeal Unstable supply, causing back orders, disappointed customers, and lost sales overpriced and/or have no clear advantage over ones that are cheaper and are readily available small, one-time purchases that would not generate residual income

We are affiliated with four network marketing companies two for travel and two for nutrition, weight loss, personal care, and home care products.
www.4homebusiness4u.com

Syndication Source: Thought Search Articles

Filed under: Wealth Creation

Like this post? Subscribe to my RSS feed and get loads more!