Industry Information

Starting an MLM Company

Multilevel Marketing, or network marketing as it is known, is a concept that started many decades back and has evolved into a commonly used business model. As the name suggests, commissions are paid over multiple levels of people. Businesses that offer unique products or ones that aren’t likely to catch on to the general public…

Helping Your Company and Your Downline

In the MLM/Direct Sales/Network Marketing/Party Plan profession, someone once said, and was fond of telling his Distributors, "You're in business for yourself but not by yourself." Most of these companies (using many different names to describe themselves) provide their Distributors with up-to-date websites and tools to help support those individual businesses...

Out of the Rat Race

Network Marketing: Is it your solution out of the Rat Race? © Doris Wood 2009-2015 Individuals with a dream started many of the Fortune 500 corporations. Their dream started small and eventually with hard work, dedication, and a little luck grew into large giants providing thousands of jobs to thousands of workers. But as that…

Origin of the Term "MLM"

Origin of the term MLM MLM (Network Marketing) is rapidly becoming one of the fastest growing industries in the United States and around the world. There has been much written and reported in the news media about the proliferation and rapid growth of home- based businesses. Would you be surprised to know that…

Common Types of Compensation Plans

Traditional Direct Selling Compensation Plans: This type of plan involves "face-to-face" sales by a company representative who sells directly to the consumer to earn commission on those sales. The number of sales managers is limited and the company often appoints them. Recruiting (sponsoring) is not aggressively pursued company's representatives, with the exception of sales managers.…

Understanding MLM Compensation Plans

Understanding MLM Compensation Plans 1995 - 2007 By: DORIS WOOD In Multi-Level (Network) Marketing, Distributors (independent contractors) earn their income (retail and wholesale profits, called commissions and bonus) through a compensation (sometime erroneously called marketing) plan based on their abilities and results. Marketing is how we sell; compensation is how we are paid for that…

How to Structure Your Business Plan

The structure and content of the business plan will often vary depending upon such factors as the company's stage of development, the nature of the business, and the type of markets it will serve. However, the following topics should be addressed in any business plan, and provide a relatively easy format to follow: Executive Summary.…

International Development

The business is up and running. Recruiting is up. Sales are up. Cash flow is positive. Time to conquer the International Market! And there are very good reasons to think internationally. Each country opened, running, and generating a positive cash flow helps strengthen the US Parent Company and creates new opportunities for all: The…