MLM business-The Test of 7 factors of business of a multi-level Marketing Business

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So many people ask the same question: Is Multi-level Marketing a REAL Business? Is it truly a business that can produce a living and income? Is it a REAL distribution business? It is a business that operates for the customer's satisfaction, and always looks to gain new customers?

Here is the answer: YES.

How and why does it qualify as a business? Every business has certain traits and functions that are needed to do business and stay in business. We have developed what we call the "7 Business Factors Test", and you have to ask these questions to see if it qualifies as a business. All businesses, no matter whether it is a traditional business or a non-traditional business, (such as MLM), answer these questions in the affirmative.

What are the "7 Business Factors Test" Questions?

1) Does the MLM Business distribute goods and services of some type?

Answer: Yes.

In MLM, there are goods and services that are distributed through personal distribution methods, and they are distributed directly to the customer, with no middle man. These goods and services can be manufactured by the MLM company, but usually are not. The goods and services many times are manufactured by an outside source, and then shipped by the MLM Business to the customer or distributor. Then the distributor can take the goods, and re-sell them to their customers as well.

2) Does the MLM Business have an official Office, headquarters, or structure that the business is operated out of, and with an address of some type?

Answer: Yes.

All MLM businesses should have some kind of office or headquarters that the goods are shipped from, or at least in charge of the shipments getting to the customer. This does not have to be a fancy office, but one that can get all the tasks needed to run the business done in a timely fashion. They should have a visible address on all communication.

The distributor's business is usually operated out of the home, and that counts as a structure that the home business is housed.

3) Is there an accounting structure that is set up to run the business effectively and legally?

Answer: Yes.

All MLM businesses should have an accounting function and people set up to handle all business transactions. They not only keep the books for the MLM Business itself, but also the MLM distributor as well. The MLM Business from the home should have some form of an accounting system, for tax purposes, and for profit and loss statements. Accounting also helps keep the Company and distributor aware of the health of the business and how it is doing, or not doing.

4) Does the MLM Business have easy communication to get a hold of someone if needed?

Answer: Yes.

Communication is the lifeblood of any business, and MLM is no exception. MLM Businesses usually not only have an order line, and a distributor line, but a general public telephone number that the public can get in touch with them as well. Usually at the MLM Business Office, there is someone to answer the phone as well.

And the MLM business should also have an email system that is watched, and taken care of, on a daily basis. This is not only for the distributor base, but also the customers and public as well.

5) Does the MLM Business have the needed business licenses and legal structure to do business in the states and countries they operate in?

Answer: Yes.

All MLM Businesses that have been in business for any amount of time, must have the needed legal structure and licenses to operate in every state. If they do not, they will eventually be forced to cease doing business in that state. And most MLM Businesses have some form of a corporate structure that the company operates under. That could include being a C Corporation, an LLC, or a Sub S Corporation.

Even MLM distributor needs a business license to do business in their city, so they will not be penalized if they do not have one and are caught.

6) Does the MLM business operate on a FOR PROFIT basis?

Every successful business structure, traditional or non-traditional, should operate on a FOR PROFIT basis. Even the MLM distributor needs to operate on a FOR PROFIT basis. If the MLM business does not operate in a profit mode, and loses money continually, the MLM business will not be in business for that long.

It is the same way for the MLM distributor. If the distributor does not make any money, then they will not stay in business long.

7) Does the MLM business perform all of the needed business functions to increase business, including marketing, promotion, campaigns, running specials, advertising tools, customer service, brand extensions, research and development, direct marketing, increasing brand awareness, and keeping their vendors at an honest price?

Answer: Yes.

Every MLM business operates to increase business, using all of the functions mentioned, and more. Even the MLM distributor needs to perform some of those functions, to increase their own business in their marketplace. These are functions any business needs to do, in order to stay in business, and enlarge it's operating capacity.

Yes, an MLM Business is a TRUE business that operates to service the customer's needs, bring products and services to the marketplace, and show a profit at the end of the year.

MLM or Multi-level Marketing, has passed the "7 Business Factors Test." If an MLM Business you are considering does not answer all of the above questions YES, then you may want to consider seeking another MLM company that can pass this test as a Multi-level Marketing business.

blessings...doug (c) 2005/ all rights reserved

PassionFire Intl http://www.passionfire.com

Doug Firebaugh is one of the top Network Marketing Trainers in the world. Over a million people a month read his training ezine. He spent the last 7 years traveling the world speaking and training as an MLM Trainer on Success. He lives in Birmingham Michigan, and you can receive aFREE subscription to his training ezine- The MLM Success HEAT- at:

http://www.passionfire.com/pf_heat_4.html
http://www.passionfire.com

Tips on choosing Network Marketing companies

Many people don't realize that the company marketing have existed for years in the form of home-based businesses. Were also called network marketing company. So why there is such a big buzz about them now?

Whenever someone becomes aware of an income earning potential, Word Gets because we are excited about what they know and what they learned. with the birth of Internet, the word simply spreading faster now.

But hearing about these great companies is not enough. You want to.You want what others have already some tips you there that you need when you are ready to reach this dream you have always had – to be your own boss and determine their earning capacity.Not only can become your own boss and make dreams you thought may be out of reach come true, but you can help others, not too.

Did you know that if you wanted to start a business buying a pizza franchise should shell out over $ 100,000.00? the great news is that a network marketing company does not want an arm and a leg in cash to boot.

You don't have the high overhead costs that have almost all enterprises. There will be a building for rent, electricity for that building, employees wages for hire and pay or boot franchise fees payable.

You can find the marketing company of big network (some for less than a hundred bucks for Pocket) for startup.You may have to pay for certain products in the face in order to be able to demonstrate that your recruits.

Most people assume that network marketing companies mainly deal in products as elements of beauty or some sort of technology.But the products offered are different because the companies themselves.

You can create the network of companies of household products, personal care products such as cosmetics, clothing and handbags and even items for adolescents or children, such as toys.

What matters is not so much the product, but if there is a market for it. everyone has basic needs – food, shelter and clothing. Then there are those things that add to the basic needs and those are the products you want to pursue as a business undertaking.

To choose a network marketing company that their claims for income with proof that they have backup ' been there, done that ' They ' re not. afraid of your questions and if they don't know the answer, do not try to bluff their way through it.

Find out what financial compensation plan of the company. you want to know this go into port, so that you know what to expect and how much you want to achieve these expectations.

Tags: personal care, home based business, network marketing companies, franchise fees, pizza business, Word of internet companies, network marketing companies big news network

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The use of the Internet for the network marketing

Burgers and fries. Cowboys and horses. Valentine and chocolate. Cookies and milk. Some elements go hand in hand. You see one, you usually see each other. In business, two things that go together are Internet and network marketing. In reality, the Internet has done more for marketing network than any other tool ever invented.

Prior to the arrival of Internet, network marketing business was to be conducted in meetings, rallies planned well in advance – and if a businessman has left home an important piece of paper or product, was just out of luck.

Not only has the Internet brought down on the need to travel to meet potential customers or recruits, but everything you need to conduct business is available with the click of the mouse. the world is literally at your fingertips.

The Internet has brought the social media sites at stake and the intelligent marketing knows that, in order to rev people who can reach his product, needs to exploit this type of interaction for his company.

Using the Internet for marketing on the net, you can show people what you do. Create slideshow or video streaming recordings, you can create a customized recruitment session without having a practical approach, because it is all done autopilot.

What you need to make the Internet work hand in hand with the network is to create a presence on the Internet.A presence is not merely limited to a website. It is trying out all the tools available for networking, their collection and put them to use.

When you set up a presence on the Internet, make sure that your site will bring the prospects to you every time you do a search for certain keywords.Enter keywords in the name of your website.

For example, if you sold discount travel packages, you would want a domain that had the words of discount travel or cheaper travel in it.Even if you're brand new to Internet marketing and feel that the success is light years away, we recommend corner of every possible opportunity branding is possible using strategic keywords.

Go to all social media sites and claim your company name. once it supports dot com version of your website, do the same with domains.NET, .org, .info, because when business takes off (and will) do not want someone else to come along and capitalize on all the hard work you've done to get to the top.

When cables are seeking opportunities, do not want your competition to beat to the punch. Using Internet marketing can verify that you are recovering a consumer and you are the one that gets you the products that they should have.

Internet outlet and exploit to reach a goal is nothing new. others have done for years. Discover how you can use it to bring the right people on the virtual home of your business.

Tags: Valentine's day, internet network marketing, network marketing business, marketing intelligent, burgers and fries, discount travel packages

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What to expect the first year in Network Marketing

His first year in network marketing can be exhilarating. Can also be scary if you are not one hundred percent, prepared for the task of managing your own business. The challenges can be overwhelming if you are careful. Stick with it, though, and you have a chance at a career where income continues to grow each year.

Businesses that fail, usually within the first year and many fail for the same reasons. With a little help, must not become a statistic in your business. His first year in network marketing can set the stage for all the years to come.Start with the right foot. expect challenges – they come to all companies, but they know soar above them.

Know why you want your business. Prestige? Money?Being your own boss? Those are all valid reasons, but knowing why you want your business and be able to manage their business are on the opposite end of the spectrum. Excitement and desire cannot compensate for the lack of knowledge.

Expect to be overwhelmed, sometimes you're bad at managing.? You know something about the skills of basic business? If you cannot manage the daily life and business skills are not something you possess, you need to get busy educating yourself.

You may require more effort, but you can still be successful in your business marketing. If you aren't the person more organized by nature, learn to overcome that – even if you have to take the online help. Misplacing keys will not have the same impact as misplacing information of a potential customer.

Expect the competition to be fierce. Dig in your heels and determined to end up as a success story. The great thing about network marketing is that it is not a closed field.There is always room for another, provided that you know how does business.

Expect to be discouraged sometimes this is caused by expectations.Maybe some of your downline left. Maybe your upline is not useful as you need them to be.Whatever discouragement heads your way, if you get knocked down, not a tent there.Get back only that marketing succeed are those who stick with it long-term.

Expect growth. there exists the possibility of a big income and collect a large downline through network marketing, but sometimes a business fails because they didn't know what to do with growth.

Whatever happens in your first year of network marketing, you can bet that it won't be boring. are you embark on a journey that can take you farther you never dreamed was possible. So hang in there and enjoy the ride!

Tags: be your own boss, network marketing, right foot, expectations, lack of knowledge, business skills, running your own business, how to run your own business

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What is a multi-level marketing model?

A multi level marketing model is a process or a maintenance plan that runs a business marketing. Some templates work better than others, but all marketing requires a model where they structure their business. Without structure, the collapse is inevitable.

Different companies use different models.There is one that is better than others – is what works for each company. you do not need to invent a new way to Mint, if the old way is working and bringing into profit.

Multi level marketing in itself is a business model; it is based on distribution for both gentlemen MLM marketing in the same niche as well the customer trying to buy the product alone. This model is a type that rewards participants financially because it offers a way to earn residual income.

What are some of the important aspects that must be present in any multi-level marketing model? there should be a way to create the port. Port maintain a business fresh and maintain ongoing residual income.Without door, if generated by yourself, the other or purchased, residual income will drop off.

A successful business model should promote also the promotion of solid relationships with the cables, even after they become part of your downline. Any business model that believes in bringing in new recruits and then abandon them after it has been emptied of portfolio recruiting is a scam.Multi level marketing companies understand the power of building relationships as we build business and see people clearly rather than through dollar signs.

A multi level marketing model must also know how to train new dealers on how to reach their highest level of success and therefore their training on how to train others to do the same.Brine into a new lead, making them part of a downline and not look upon them to ensure their success is pulling money from your bank account.

Teach investigate is one of the key factors for any business model and if it is not part of it, so it should be. it doesn't have to be some phony scripts that have stored a thousand other people.

Teaching as prospectus should consider such things as how to answer questions, how to understand their refusal, the prospect of what really is saying not below the word.

A script sounds just as it is – tried. don't even bother with it. instead of storing a few paragraphs, information about how the marketing in its simplest form, that you give people what they want. A multi level marketing model is not grand piano with a ton of bells and whistles that can confuse even scholars – is developing a plan with a goal in mind.

Tags: building relationships, the maximum level, dollar signs, successful business, marketing colleagues

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Discover the truth about network marketing lead generation

If you're in the business of selling anything, you've probably heard about the importance of network marketing lead generation. It is also called prospecting by some in the business. Lead brokers are running businesses thriving, and you can choose to go away or create warm leads on your own.

If they can't generate enough leads or not generate the right kind of leads, the business will go belly up. anything else to do when you become a marketer, never underestimate the power in finding port.

Systems network marketing lead generation really work?Yes, some of them are created some reputable companies and do the job. In every company, however, always you will find people who put money before integrity. Those who will push products which cannot live up to the hype.

Have you ever wondered why you receive phone calls from telemarketers who offer the same product or service as the previous fifteen calls that you got?That is why the phone number was a lead which was bought by a company and resold for telemarketing companies. Then sold it again and again.

When this happens in network marketing, it is usually due to lead generation systems which has operated on a "one size fits all" philosophy.These types of leads are not to use any kind of you.

Good port is not tire kickers. you can waste a lot of time on prospects that show up in a webinar, listening to talk about what the product can do to change their lives, ask lots of questions, come back next time, do the same thing and not commit to anything ever.

Every marketing meets these types of prospects. element in lead generation that works is already getting leads that are hot and correctly target destination.

There are some lead generation companies that put out good solid products to help grow your business, but there is a secret weapon in network marketing lead generation. a person who is the absolute best in network marketing lead generation is you.

Nobody cares so much about your business as you will do and no one will work as hard to get the necessary contacts. software and tools and third party companies may give you a head start, but having the drive and determination to succeed you surpass them all.

Tags: companies, predictable, generating companies, telemarketing, secret weapon, network marketing

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Write a blog multilevel marketing

A blog of multi-level marketing can help grow your profit as a marketer, can help grow your customer base and you can establish yourself as an expert in your niche. You don't have to be an expert in grammar or a National spelling bee Champion to reap the benefits that blogging can give you.

In fact, readers have less likely to stay on your site if sound stiff and academic, so relax and offer your readers the opportunity to know the person behind the posts.They respect you for it! if you've never blogged before, is as easy as 1-2-3.

1 start to write post regular. think-based issues that you should routinely or even that it has when entering for the first time your business. The more you post, most frequently the search engine spiders will index your site and deliver your blog as one of the best results for people typing keywords in them.

2 share your post with others. Network even seasoned marketing success with blogs will tell you that still function normally to increase their traffic and visibility.Wiring harness social networks like Twitter, Digg, Mixx and others to help you grow your blog.

Encourage readers to link to you.A marketing has organized a competition in which participants had to submit your blogs in one social media site for one item. If put in place of two social media sites, have received two entries.

This was a clever and cost-effective way to promote herself.After the success of his first contest, she runs regular competitions where entrants now promoting his blog. a simple "share this" icon will enable people to share your blog with other carers ' net.

3 interact with your readers. readers want to interact with bloggers. they want to express their opinions and share information with the blog author. the whole point of blogging drops to relationship building.

If you're just starting your blog, don't think you should understand some imagination to get a nice blog trying to encoding. you can find free blog themes for download and install on your blog that doesn't cost a penny. at the end, having a multi level marketing blog is just another tool that if used properly, can lead to a new level of success.

Tags: search engine spiders, national spelling bee, multimedia networks, National spelling bee Champion, champion spelling bee, network marketing, basic questions, multi level marketing

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