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If they are not listed in the DSWA's
Company Search area, you can verify these facts with the Secretary
of State or by going to the respective company's website. |
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You can often learn about the owners
from the company's website. Find out the company's mission statement,
guiding principles and their vision for the future. In addition,
the Secretary of State in the state where they operate should
be able to provide you with some basic information. You may
wish to contact some distributors in the company. You can start
by searching the DSWA Classified Ad
Area for their contact information. |
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Does the corporate leadership have the
experience, education, knowledge, skills, finances and dedication
to build a solid company? Do they have the right executives
in the right positions? Can the CEO and CFO make the correct
financial decisions and protect the financial future of the
company for YOU! A balance of operations oriented individuals
along with marketing experts who understand the culture of direct
selling is critical. |
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Is the plan competitive with companies
of like products? Is there a great reward for leaders building
their business by developing teams? Is there enough incentive
for new distributors to hold shows and receive money in a
short period of time? Is the plan simple to understand and
explain? Has the plan been stable for a long period of time,
or does the company change it regularly?
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It is important to know that the company
is doing what they say they are going to do. Ask them how
long they have been paying commissions and if they are paying
them according to their policies and procedures. Ask how long
they have had the existing compensation plan and if they expect
to be making changes in it in the near future.
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Does the company require a large investment
in inventory? Do they offer an "at cost" basic kit
at a low start up price? Can you purchase additional product
kits at a discounted price for demonstration? |
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Whether you intend to focus on sales
or recruiting, it is vital that you feel good about the products
and services offered by your company. Be sure to experience
the products first hand before signing any kind of agreement.
Determine whether the customer receives a good value for the
price. Ask about their warranty policy, guarantees, costs and
procedures for repairs. All of which have a significant impact
on your ability to service future clients and distributors. |
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Does the company offer personal web
pages? Do they have an auto responder program? Do they use on-line
or conference call training? Does the company offer a sizzle
call or business opportunity call? Do the distributors have
the ability to check their downline and/or commissions due on
line? Does the company provide distributors with an e-mail address?
Does the company have a state-of-the-art website? |
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Very important... there are many companies
out there that just print off pictures, have text only, or provide
CD's that you can print from. When making a decision as to your
start up costs consider printing expense. Does the company have
a full color catalog and business opportunity flyer? Do they
have a strong and consistent branded image? |
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This can make or break your business.
Does the company do its own fulfillment or are they dependent
on a third party? What is the turnaround time on orders? Does
the company ship directly to the customer/hostess/ and/or you?
Are the products that are shipped to the hostess bagged separately?
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Does the company completely fund,
partially fund, or not fund anything for the Hostess Program?
Is the Hostess Program competitive with other companies? If
the company does not fund the program they generally have
a higher up front commission. You will need to deduct approximately
10% of your earnings to fund the hostess program.
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