Network Marketing & Franchise Opportunities

How does differ from a franchise opportunity? Usually individuals will associate with a parent company on the basis being an independent contractor or franchisee – the remuneration comes as not just by the products they sell but by the sales efforts those recruited into the business.

One can liken this in certain ects to some franchise opportunities whereby royalties are paid from the sales individual franchise operations to the franchisor as well as to an area or regional manager.

With a , you usually acquire the rights to an exclusive territory and you then have to market the branded product in the territory. In return you have to pay an initial franchise fee and some royalties to the franchisor.

unlike a franchise opportunity is based upon not only selling the products that the organisation produces but also from building an organisation around you that would follow your steps and duplicate your efforts. You make a percentage from the chain you created.

This is one the most powerful concepts – making it possible to earn from the efforts others but carries with it a burden responsibility – one needs to teach the people in their organisation and also help them to increase their sales volume whilst building their own organisations.

Companies that have decided to embark on the MLM route organise seminars and events with the purpose teaching their representatives the most efficient way doing those two things.

How does one choose the exact company / business to become involved with?

The essential ingredients the choice are the qualities the person that is introducing you and the company itself – is the company well funded? Are the resources there to see through a bleak period? Are the products conducive to residual income or is it a purchase made once every 4 or 5 years?

The best business opportunities come from companies that distribute products that people will actually use both from a usability point view and the price structure.

In my own experience , it is crucial to have a product that people can relate to, and, following the old sales strategy, that they can see the benefits – it also has to be something that is affordable and useable.

Again, in my experience, there are many companies fering their products for sale using one the most ,if not the most affective marketing systems in the world – by definition the system is so effective in part due to the number people it involves.

A great misconception held is that it is the same as pyramid-selling – this is not the case and the whole system is ed so that everyone can make money rather than the prits being distributed in an unfair way.

Most all, though I personally think that one should examine the products carefully as they will ultimately lead to sales – and the bottom line is that if products do not sell well, irrespective what it is, then the company will ultimately falter. It is also important to find products that have repeat sales so that you can generate a residual income stream from all your efforts.

The choice what company to be involved with or what industry one’s particular interest is held for is, course up to the individual but I think that it is important to keep one’s business head on whilst evaluating the concept – what one enjoys may not necessarily be the money-spinner.

More topics: Franchise Opportunity, , Franchise, , Business Opportunity, Business,

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