MLM: AN OVERVIEW OF AN EXCITING INDUSTRY
By Jeffrey A. Babener
Excerpted from Network Marketing: What You Should Know, Jeffrey Babener, Legaline Publications
MLM consultant practice tips. MLM Sales Tax Issues must be addressed to avoid liability for taxes and penalties. Nexus for MLM Sales and Use Tax represents a unique analysis that involves activity by distributors in promoting, recruiting and training in a state. MLM Legal and MLMLegal.com and Babener and Associates provides expert MLM Consultant and MLM Consulting advise on MLM corporate, MLM software, MLM Compensation, MLM Taxes, etc. MLM Consulting is an important component for MLM startup. Careful Choice of MLM Software is another component of MLM Corporate. An MLM Consultant and MLM Law and MLM Legal is part of the MLM Startup Team. MLM Compensation must be reviewed by an MLM Consulting standpoint by a MLM Consultant and MLM Legal and MLM Law professional and programmed by a MLM Software and MLM Technology provider.
Three-Way Calls and Presentations The A-B-C's of Success
The ABC Game Plan
Use and Misuse
Preparation ... Again
Opportunity Calling...Making Team Conferencing Pay Off
Designing a Conference Call
Timing It Right
Co-op Advertising: Getting the Word Out
The Benefits of Co-op Advertising
The Follow-Up Package
What About the Cost?
... And the Results?
Is Co-op Advertising for You?
Network Marketing Through Mail Lists
It Works ... But It's Not Simple
Important Questions to Answer
The Introduction Letter
Climbing the Stairway to Mail Order Success
TV and Radio Networking: No Business Like Show Business?
The Price of Exposure
Making It Work
Big Profits From Nonprofit Networking
A Quick Look at How It Works
Avoiding Taxes and Tax-Exempt Status Problems
Be Safe - Not Sorry
Long Distance Sponsoring: Reach Out and Recruit Someone
Create a system
Agree on responsive commitments
Establish a long distance sponsoring budget
Get some support from your company
Make sure the company training program supports long distance growth
Build in geographical areas supported by your company
Focus on areas where other successful distributors are located
Provide the personal touch
Zero In on the Hot Markets
Part-Time Workers - Hungry for More
Boomers Ripe For Network Marketing
Big Opportunities in the Hispanic Community
An Important Marketing Truth: Retention Beats Recruiting
Something to Think About
The First-Year Hurdle
MANAGING YOUR BUSINESS: Networking and Time Management
General Principles for Your Specific Business
Making Your Own Customized Day Planner
Warm Market Presentations
Cold Market Presentations
Time Planning and Accounting
Take Time to Make Time
Taxes and the Network Marketer
No Hobby Losses, Please!
Meals and Entertainment
The Home Office Deduction
Ordinary Business Expenses
The Traveling Networker
All Those Forms
Computers, Automobiles, and Capital Assets
Record Keeping - The Name of the Game
Is It All Worth It?
You Too Can Incorporate
1. First, Get Yourself to a CPA
2. Corporate Name
3. Corporate Structure
5. Shareholder Agreements
6. The Buy-Sell Agreement
7. Planning for Future Shareholders
9. Board of Directors
10. Corporate Housekeeping
11. Key Employees
12. Employee Plans
13. Chapter S or C or LLC?
Networkers on the Information Highway
A People Business .... A Numbers Business
What's Available to You?
Making the Numbers a Management Tool
Tracking Success Indicators
Charting the Numbers
Your Call to Action
Networkers and Credit Card Fraud - Be Careful!
A National - and Personal - Problem
When Lost or Stolen
Network Marketing and the Law
Chasing the Competition: Can Comparative Advertising Get You in Trouble?
The Legal Environment
The Pyramid Cases
The Amway Safeguards Rule
Legal or Pyramid?
Look for Legitimacy
Enter the Postal Service
SEC: Pyramids Are Securities
Refunds for MLM Distributors
Avoid "Earnings Hype"
Personal Use - The Once and Future Issue
New Game. Old Rules.
They Tried Harder ... and Started a Craze
A Case of Confusion
The Truth ... and Nothing but the Truth ...
Guidelines to Live By
The Final Verdict: Go For It, But Stay Within the Guidelines
FDA Proposes New Health Claim Rules
Training and Managing Your People: A Legal Imperative
A Historic Act
The President Speaks
And Congress Speaks Out
The Impact on the Network Marketing Industry
Why and How They Work
Abuses Lead to Legislation
Rules You Don't Want to Break
The Disclosure Issue
Too Young to Play
Too Many Disadvantages
Cancel This Sale! - The Three-Day Rule
The Nitty Gritty Details
It May Be Confusing, But You Have to Live With It.
MLM Consultant Practice tips. Proper MLM Capitalization is essential to the MLM Startup and MLM corporate business. The need for capital is in inverse proportion to the ability of the MLM to recruit distributors. MLM Legal and MLMLegal.com and Babener and Associates provides expert MLM Consultant and MLM Consulting advise on MLM corporate, MLM software, MLM Compensation, MLM Taxes, etc. MLM Consulting is an important component for MLM startup. Careful Choice of MLM Software is another component of MLM Corporate. An MLM Consultant and MLM Law and MLM Legal is part of the MLM Startup Team. MLM Compensation must be reviewed by an MLM Consulting standpoint by a MLM Consultant and MLM Legal and MLM Law professional and programmed by a MLM Software and MLM Technology provider.