Search This Blog

Thursday, January 17, 2013

Key things to look for when selecting a company:


ESTABLISHED COMPANY 5 YEARS OR MORE
If the company is less than five years old - it has not yet survived the start up challenges that operate in many business.
 Look for integrity at the top and a strong competent management.
THE COMPANY MANUFACTURES ITS OWN PRODUCTS
This ensures a steady supply and allows for a greater percentage of the product price to go to the networker.

A UNIQUE PATENTED AND EXCLUSIVE PRODUCT LINE
Everything hinges on your products. They need to be exceptional to create loyalty for you and your company.
 Notice also that there needs to be a good number of products.
 Generally, companies offering only one or two products cannot generate enough volume to be profitable.

PRODUCTS SHOULD ALSO BE DAILY CONSUMABLE
This regular usage of the products gives rise to the 'residual' or 'passive income'.

A COMPLETE STEP-BY-STEP DUPLICATABLE SYSTEM
For you to have true duplication, there should be standard tool, book, literature and
 training with everybody in the network 'singing from the same hymn sheet',
so that the most successful methods, tried and tested at the top, are used by everyone.
To obtain a walk-away five figure a month income, such a system is essential.
This is what makes networking like a franchise but without the high price tag.

A FAIR AND LUCRATIVE COMPENSATION PLAN
It must be easy enough for part-timers to create a commission cheque quickly,
 yet also provide sufficient financial incentives to attract the Power Players.
If you are promised large amounts in your first month beware - it's usually a con.
However, there should be evidence of people making good money part-time.
 A free car scheme where the company pays for a new car when a certain rank is reached,
is also a important factor to consider when choosing a company.
This is tangible evidence that the business actually works for people.
If the company has these factors in place and is debt free this could be the one.
If not, you are taking a large risk. Do your fact finding and then make a decision.

No comments:

Post a Comment