Small Business Network Marketing: Look Before You Leap
Knowledge is power when searching for a solid MLM business opportunity that makes you money.
MLM marketing is legitimate and a good solution for the common man or woman. However, a little research can make you feel much more comfortable and confident when considering signing up with a MLM marketing or small business opportunity.
Company Identity – Look at the business' main website, can you easily find their contact information such as name, address, phone, and email? A big plus are photos of company leaders and any information about them.
Money Back Guarantee – Any business that does not stand behind its product with a 100% money back guarantee stated in writing is not worth your time and definitely not worth your money.
Front Loaders – Watch out! You’ll often find this system in place with businesses that sell product like nutrition, health and weight loss or cosmetics. A front loading marketing plan requires you to purchase your way into a certain commissionable level. These are often referred to as “product packs” or “business builder level”. If you have to purchase $500 of product to buy into a higher profit margin, how duplicatable is that? You’ll find that most people in your downline will not spend that kind of money. What you should also consider carefully is that these businesses will also give only a short time limit for product returns and impute restocking fees. Tread carefully.
Payment Information – Always use a credit card for your protection. If a business will not accept your credit card then that should send off all kinds of alarm bells in your head. Many scammers will only accept bank wires, money orders or checks. What about returns? Reputable businesses permit a money back guarantee in writing with refunds within 30 to 90 days. If a business insists on you send money via Fedex or UPS to a P.O. Box then WATCH OUT. I’m not claiming that all P.O. Box addresses are scams, however, you should be aware that sending money via Fedex or UPS to this type of address, is a scammers favorite way of dodging Postal Fraud Investigators.
Look It Up – Start with www.whois.net they will let you look up any domain name and registration information. Many legitimate businesses register their name.
Just the facts please. Unfortunately, there are a number of MLM network marketing hate sites that unfairly characterize legitimate MLM marketing businesses placing them all into one large umbrella. This is unfortunate when you consider that there are many legitimate MLM marketing opportunities and many more successful MLM business plans out there.
Check the records…
The Better Business Bureau website can help you in your investigation. Go to the National BBBwebsite and look up the business address. Then look for any number of complaints marked UNRESOLVED. Two or more URESOLVED complaints could mean problems. Keep in ming that BBB reports can provide insight but they certainly don’t tell the full story. “No Report” usually means that there have not been any complaints filed against the company to date. Here is the link for the National BBB Advanced Search http://search.bbb.org/SearchForm.aspx?mode=Business
Do Some Research…
I've compiled an online directory of popular home business opportunities. The directory gives you a brief description of enrollment fees, purchase requirements and a description of each company's MLM compensation plan. This directory will help you objectively compare each MLM business easily. Because there are many different type of network marketing opportunities online today, the directory is updated often. MLM Plan Directory