How Your Network Marketing Home Based Business Stacks Up
So how does your network marketing home based business stack-up against all of the other ones? Is it legitimate? You want your network marketing company to deliver quality products (and/or services) and a mean for you to generate a good source of income. In order to do this, the company has to be strong and reliable. That strength and reliability must come from all facets of the business: financial, corporate, products/services, marketing, and support services. The following 20 questions can assist you in determining the strength and reliability of a company's network marketing home based business program. 1. How long has the company been in business? Ninety-five percent of ALL companies fail in their first year. A general rule of thumb is to look for a company that has been around for at least five years. 2. Is the company financially sound? Ideally the company is debt-free. 3. Have company sales been consistently growing exponentially? 4. Does the company have an international presence? 5. Does the company management team have a proven track record? 6. When marketing their program, does the company disclose about who they are? Some companies try to hide their identity - there is no reason to do so if the program, products and services are legitimate. 7. Does the company have a written, clearly defined code of ethics that it will enforce? 8. Does the company provide direct access to the vice presidents, managers, and supervisors? 9. Does the company manufacture and distribute its own products? If not, the company has far less control over the manufacturing process, which could negatively impact distributors and customers. 10. Are the company's products and/or services consumable? The ideal product to build a business around is a high quality product that is consumed daily. 11. Do the company's products and/or services give customers the results intended and provide a compelling storyline that sets them apart and fills a niche? 12. Does the company price the products and services at a fair market value? 13. Are the products and services safe and protected by a minimum 30-day money back guarantee? 14. Does the company have a fully staffed department that conducts ongoing research and development? 15. Can a new distributor get started at a low-cost - for example, a few hundred dollars or less? 16. Is the compensation plan fair and equitable, enabling all distributors to earn an income? 17. Can personal consumption satisfy qualification within the compensation plan? 18. Are the company's products, services, and business program truly beneficial for the last person recruited? 19. Does the compensation plan provide at least a 30 percent gross profit for the company? 20. Does the company have a courteous customer service department on site that make customers the first priority? Make sure you know how the company whose network marketing home based business you're considering stacks up against all the others by getting the answers to the above 20 questions. Remember, if you need any assistance, then
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