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And MLM business should also have an email system that is watched, and taken care of, on a daily basis. This is not only for distributor base, but also customers and public as well.
5) Does MLM Business have needed business licenses and legal structure to do business in states and countries they operate in?
All MLM Businesses that have been in business for any amount of time, must have needed legal structure and licenses to operate in every state. If they do not, they will eventually be forced to cease doing business in that state. And most MLM Businesses have some form of a corporate structure that company operates under. That could include being a C Corporation, an LLC, or a Sub S Corporation.
Even MLM distributor needs a license to do business in their city, so they will not be penalized if they do not have one and are caught.
6) Does MLM business operate on a FOR PROFIT basis?
Every successful business structure, traditional or non-traditional, should operate on a FOR PROFIT basis. Even MLM distributor needs to operate on a FOR PROFIT basis. If MLM business does not operate in a profit mode, and loses money continually, MLM business will not be in business for that long.
It is same way for MLM distributor. If distributor does not make any money, then they will not stay in business long.
7) Does MLM business perform all of needed business functions to increase business, including marketing, promotion, campaigns, running specials, advertising tools, customer service, brand extensions, research and development, direct marketing, increasing brand awareness, and keeping their vendors at an honest price?
Every MLM business operates to increase business, using all of functions mentioned, and more. Even MLM distributor needs to perform some of those functions, to increase their own business in their marketplace. These are functions any business needs to do, in order to stay in business, and enlarge it's operating capacity.
Yes, an MLM Business is a TRUE business that operates to service customer's needs, bring products and services to marketplace, and show a profit at end of year.
MLM or Multi Level Marketing, has passed "7 Business Factors Test." If an MLM Business you are considering does not answer all of above questions YES, then you may want to consider seeking another MLM Business that can pass this test as a Multi Level Marketing business.
blessings...doug (c) 2005/ all rights reserved
PassionFire Intl http://www.passionfire.com
Doug Firebaugh is one of the top MLM Network Marketing Trainers in the world. Over a million people a month read his training ezine. He spent the last 7 years traveling the world speaking and training on Success. He lives in Birmingham Michigan, and you can receive a FREE subscription to his training ezine- The MLM Success HEAT- at: http://www.passionfire.com/pf_heat_4.html http://www.passionfire.com