March 10th, 2008
How do you keep track of who is in your downline? All networkers, when they join a network, are given a personalised number. This number identifies them as belonging to a particular network. You may ask: ‘But how can I keep track of all the people in my downline?’ The answer is that you don’t need to. In network marketing each individual works three levels deep. You are directly responsible for the distributors you recruit (level one), the people they recruit (level two) and the people they, in turn, recruit (level three). That’s not too much to manage. Read the rest of this entry »
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Business Plans, Corporation Law, Franchising, Home Based Business, Legal, Marketing, Sales, Startup, Tax, VAT, financial |
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Posted by arlene
March 10th, 2008
Network marketing is a completely legitimate business. It has nothing to do with ‘pyramid selling‘ or chain-letter-type scams which have made newspaper headlines. Indeed, the worst excesses of pyramid operations have been largely stopped through legislation and consumer education.
For example, in the United Kingdom, legislation was passed in 1973 which detailed:
- what could be said in advertisements
- which promises could be made
- which information could be included in documents issued by promoters
- what the rights of distributors were
- undesirable practices such as charging for training.
- that network marketing companies were also required to buy back certain stock from their distributors on termination of any contract.
These regulations have been extremely effective in ridding the system of abuse. Read the rest of this entry »
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Business Plans, Home Based Business, Marketing |
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Posted by arlene