Is Network Marketing a Viable Home Based Business?
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How does it stack up against Franchises, and other Small Businesses?
Right now the economy is in crisis, people are losing their jobs left and right. Now more than ever people are looking for an opportunity, they need to find a way to earn money immediately.
Before joining my network working company(MyWorldPlus), I researched many different home based business opportunities. The advantages of network marketing far outweigh any other home based businesses that are out there.
Here are just a few things that made network marketing stand out for me:
Business startup costs: In most traditional businesses and small businesses start up costs can be a bit daunting.
For instance franchises like McDonald's are great businesses but they cost over $100,000 just to get started. On the other hand joining a reputable network marketing company, you're looking at startup costs as low as $50 in some cases.
While some home-based businesses may also have low start up costs, there generally is a requirement to keep buying supplies and you will always have overhead. In network marketing you will need few supplies and hardly any overhead.
Business sales: In network marketing you are generally able to start making sales on the first day. With most network marketing companies you don't even have to worry about taking payments customer enters in their own information into the company's website and that's about it.
Not only is order taking easy, but so is order fulfillment. Most network marketing companies handle all the packaging and delivery, so that you can spend most of your time making sales, signing up new distributors, and training your downline.
On the other hand if you're in the business completely on your own, it is your responsibility to set up the system to take orders, process those orders, package your products, ship the products and many times even make the product. On top of all of these items you need to make the sale as well. If you can manage all that great, but most people with that lifestyle have no time for themselves or for their families.
In a traditional home-based business as your business grows your free time disappears. As your customer base increases you have to increase the amount of time and effort that you put into your business. For instance, if you own a cake decorating business it is exciting to get a new customer, each new customer means more time in the kitchen and less time doing the things that really matter in life.
Legal: Laws govern just about every business transaction, it's important to make sure that your home business follows these laws. Most businesses you will have to pay to register your business, get insurance for your business, incorporate, file business license, etc. In network working if you choose a reputable company and follow their policies, you will generally be within the law.
But these are just a few of the reasons the network marketing is by and large the easiest and best way for a person to start their own home business and begin getting paid today.
If you're ready to try Network Marketing, why not give MyWorldPlus a shot? Take a free Tour Today!
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