Question:

How do I choose and MLM company?

How do I choose?

When deciding on what business to go into (or to start from scratch) you first want to answer the following questions for yourself:

1. What are my interests?
2. What are my talents?
3. What would I do even if I weren't paid for it?
4. How much time, effort, and money am I willing to invest (to start up and ongoing)?
5. What brings me joy?

Once you have truthfully answered these questions, you will probably start to see some trends emerge as to what might be the career path for you.

Don't know of a career that already exists? Don't be afraid to start something new. You may have found a new niche that needs to be filled!

Breakaway Compensation Plan

A Breakaway Compensation Plan allows for:
*Unlimited first-level width
*Finite depth (determined by the individual company)
*Generational commissions
*When certain levels are reached (based on various qualifications often including personal and team volume) the distributor and his team "breaks away" from the upline sponsor.
*Commissions can still be earned by the sponsor, but the "break-away" teams's sales volumes will no longer count toward the sponsor's qualifications.

Find the RIGHT business for you.

When deciding on which Network Marketing company to join, keep a few things in mind:

1. Is the company established? How long have they been around?

2. How does the compensation plan fit in to your lifestyle? Does it emphasize selling, recruiting, both?

3. What is the product/service being sold? The more passionate you are about the product/service you are providing, the easier it will be to succeed.

A company that's right for one person may not be right for another. All compensation plans have their pro's and con's. Take your time when deciding--this is a BUSINESS, and it is YOUR business. Do not let anyone pressure you into signing on the dotted line. If they truly believe in their company and the industry, they'll wait until you're ready to make a firm commitment.

What to look for

When looking at a Network Marketing company, there are two fundamental items to look at to help you determine if it is legit or a pyramid (or other) scheme:

a) The product/service-if there is a tangible product or useful service that could be sold to the general public on it's own (without any recruiting) then you probably have a valid business.

b) Can the "last" person make money? If the there were to be no more recruiting, could the last person recruited still make money (via sales)-some scams only pay for recruiting, which goes back to the first point about having a valid product or service to sell.

Binary Compensation Plan

The Binary compensation plan offers:
*First Level width limited to two
*Infinite depth
*Generational commissions
*Commissions are determined on the accumulated sales volume in each of the two "legs". The more volume, the higher the commission.
*Most binary plans pay based on the leg with the least volume

Matrix Compensation Plan

A Matrix Compensation Plan offers:
*Limited first level width
*Finite depth
*Linear commissions
*Usually all the volume that falls within the pay-level matrix counts toward qualifications.
*The matrix is defined by the first-level width limit and the number of levels, for example a 2 x 12 matrix allows for a first level of two distributors and pays 12 levels deep.

Unilevel Compensation Plan

A Unilevel Compensation Plan allows for:
*Unlimited first level width
*Finite depth
*Linear commissions
*There is no breakaway in this plan and any number of distributors can be placed on any of the levels.

Australian Compensation Plan

The Australian Compensation Plan (also known as the Two-Up plan) allows for:
*Unlimited first level width
*Infinite depth
*Linear commissions
*The commissions earned on your first two distributors on your first level are passed up to your sponsor and the commissions from the first two distributors recruited by your third recruit are passed up to you.

Compensation Plans

Often the most confusing part about deciding on which Network Marketing company to associated with is in trying to decipher the compensations plans. When deciding on compensation plans, find one that fits your preferences and lifestyle.

*If you are a hot recruiter, then you may not want a Binary Plan which limits your first level to two distributors. Something like a Unilevel or Breakaway Plan might suit you better.
*If you are great at selling, but not a great team builder, then you'll want to look into a plan that pays a high commission on your personal sales with not so much emphasis placed on your downline's sales.

There are only a few basic types of compensation plans, and most companies use some hybrid of the basics, tailoring them to their own unique niche.

Do lots of research, ask lots of questions, and don't sign on the dotted line until you are satisfied with the answers you've received.

Stair-Step Compensation Plan

A Stair-Step plan is any type of plan that has multiple ranks of advancement such as Member, Leader, and Director.
This term is usually only found with Breakaway Plans.

Small Businesses Frequently Asked Questions

How can I prevent business losses?

How can I lead effectively?

What is success?

Where do I find customers?

How do I attract new business?

How can I change my thinking?

How can I manage my expenses?

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How do I work around the kids?

How do I find new clients?

How do I learn about taxes?

How can I save money in my business?

How do I file business taxes?

How do I keep customers satisfied?

How do I spend time with my kids while working at home?

How do I manage work hours at home?

How do I work at home around my kids?

How can I be more productive?

How do I read financial statements?

How do I help someone with a problem?

What are some inspirational quotes?

What are some inspirational quotes?

How do I sponsor distributors?

How do I put my life in balance?

How do I stay profitable?

How do I do bookkeeping?

What are some inspirational quotes?

How do I choose and MLM company?

What are time wasters?

How do I do accounting for my business?

How do I know if a company is a pyramid scheme?

Where can I find new business leads?

Where do I find new business ideas?

How do I measure my business growth?

Why won´t my team members follow my leadership?

How do I treat customers?

How do I set priorities?

How do I recruit?

What are my business options?

How do I build confidence?

How do I manage paperwork and piles?

How do I keep my desk organized?

What are some inspirational quotes?

What is embezzlement?

How do I get it all done?

What are Financial Statements?

How do I find more time?

How do I set goals?

How do I get what I want?

What do I do when I start to question my business decisions?

How do I track my business income?

How do I protect my assets?

How do I find fulfillment in my life?

How do I leave a legacy?

How do compensation plans differ?

How can I stay organized?

How can I work more efficiently?

What will make me a strong leader?

How do I identify embezzlement?

How do I get work done with kids around?

What do I need to get organized?

What is customer service?

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How do I become successful?

What are time wasters?

Where can I find a babysitter while I´m working at home?

How can I balance work and family?

How do I identify embezzlement?

How do I keep my family organized?

How do I find a name for my business?

How do I get a trademark?

What are Accounting Controls?

How do I get organized?

How do I treat customers?

What is a Balance Sheet?

How can I prepare for each day?

What is a good business investment?

Why should I attend business seminars?

How can I do my business better?

What´s MLM all about?

How do I cut down on phone time?

What do I do with sales taxes I collect?

What can I deduct for my business?

What is the difference between a business and a hobby?

How long do I have to keep taxes, receipts and other important docs?

Where do I find business help?

How much insurance do I need?

Why should I keep my desk clean?

What is an Income Statement?

How do I become successful?

How do I keep my goals in line with my life?

What is customer service?

How do I prepare a Balance Sheet?

How can I manage better?

How do good things happen?

How do I change my thinking?

How do I keep from getting burned out?

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How do I protect my business in case of disaster?

What is a trademark?

How do I find more time?

What is risk?

What are the skills of a good leader?

How can I be more successful?

Where can I find infomation about starting a home business?

How do I become a better manager?

How do I recruit new distributors?

How do I lead people with different personalities?

What is a Bookkeeper?

How do I succeed?

What are Current Liabilities?

What is an Accounting System?

How do I develop good habits?

How do I encourage employees?

Why is decision making important?

What can deduct for a home office?

Why should I thank my customers?

How do I expand my sphere of influence?

How can I change?

What are qualities of a good leader?

What is a mother´s helper?

How do I work around my family´s schedule?

How much risk is good?

How do I find happiness?

What is truth in advertising?

How do I work business around my family?

How do I compensate my employees?

How can playdates help my business?

How do I save time?

How do I make phone calls with children around?

Why settle for less?

Where do I find opportunity?

How do I prioritize?

How do I get the respect my business deserves?

How do I develop and train leaders?

How do I build wealth?

How do I handle a business disaster?

How do I achieve success?

How do I achieve greatness?

How do I keep up with the industry?

How do I change my thinking?

What´s the truth about MLM?

What is a leader?

What is an accountant?

What is the difference between a Bookkeeper and an Accountant?

How do I balance my business and personal life?

What are Fixed Expenses?

What are Accounts Payable?

How do I find knowledge?

What are Variable Expenses?

How can I learn how to do my taxes?

How do I keep my kids away from my work area?

What is bonding?

What are Current Assets?

What is a Balance Sheet?

How do I change?

How do I get a business started?

How do I find a new job?

How do I work from home?

How do I find fulfillment?

Can I deduct car expenses?

How can I prepare for taxes?

How do I get organized?

Can I deduct my home office?

How can I find information about a specific company?

How do I find recruits?

How do I train others?

How do I talk on the phone with young children?

How do I build a downline?

How can I measure my productivity?

Why should I set big goals?

How do I schedule vacations?

What is Network Marketing?

How do I achieve balance?

How do I learn how to sell?

Why won´t my customers buy?

Do I need to file taxes?

How do I organize my office?

How do I start a small business?

How can I get organized?

How do I find success?

How do I deal with being told no?

How do I get paid in MLM or Network Marketing?

What is competition?

What can defeat a good idea?

How do I get motivated?

How do I handle junk mail?

How do I gain market share?

What is a downline?

How can I stay focused?

How do I succeed?

What are time wasters?

Can I write off the sale of an asset?

Where do successful people come from?

How do I achieve peace of mind?

What is commitment?

How do I become inspired?

How do I become successful?

Where can I find easy financial tips?

How can I manage my finances?

How do I achieve perfection?

What is success?

What is an Income Statement?

Where do ideas come from?

How do I succeed?

How do I keep a clean house with a home business?

How do I find out about legal issues for my business?

How do I prevent burglary?

What are the characteristics of successful people?

How do I build my business network?

How do I get rid of clutter?

How can I keep my inbox empty?

What is junk mail?

What do I need to get organized?

Where do I find a mentor?

How can I always be prepared for business?

How do I get paid if I´m self-employed?

What are Accounts Receivable?

What is Self-Employment Tax?

What is a Binary Compensation Plan?

How do I know if my business is making money?

How do I measure profit?

Why should I recruit?

How do I make money in my business?

Why is working at home good for my family?

Where do I find freedom?

How do I hire a professional to do my household chores?

How do I find professional help for my business?

How do I stop all these bounced check charges from my bank?

How do I get the attetion of prospects and turn them into buyers?

How do I balance family and work?

What is the Australian Compensation Plan?

How do I remember everything I need to do?

Can a mom with children really have a successful business?

What matters in life?

How do I support my family, community, and my business?

What does "Break-Even" mean?

What is a strategic alliance?

How do direct sellers file taxes?

How do I become a leader?

Where do I find info on starting a business?

What are the laws governing home businesses?

What am I legally responsible for in my business?

How do I buy airline tickets?

Where can I find free stuff?

What is Cost of Goods Sold?

What if I set a goal, but don´t reach it?

How do I tell people about my business?

Why are home-businesses a good option?

What does a home-business offer me?





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Patricia Walters-Fischer