What do Startup Companies Think about Long Term Professional Relationships?

Charity — Fri, 27 Jun 2014 16:41:42 +0000

There are many factors that contribute to the early success of a company.

MLMLegal.com and Babener & Associates have been with many network marketing companies from the very beginning, from startup to stable. We were involved in early stages of a number of leading MLM companies, including some traded on the New York Stock Exchange (NYSE).

We aren’t just lawyers. We often know more about the direct selling business than most of our MLM clients. In many ways we have become partners with our clients since we’ve been in the industry for such a long time. We often take on a significant role as both a legal and business advisor for our clients.

Generally speaking, however, most of our clients try to cover all of their bases legally right at the beginning of launching. They often have their agreements in place, as well as their policies and procedures. Companies will secure a trademark early in development, which is very important. As is tax issues, regulatory compliance and relationships with their consultants. Multilevel marketing company owners are building a living organism that is constantly changing and growing, which is why so many of the companies that we represent have been with us for five, ten, even twenty years or more. For instance, in 1990 we assisted one of the largest direct selling companies, from Japan, to establish headquarters in the U.S. Today we represent them in nearly 40 countries. We have been their key legal advisor for almost 25 years.

Successful direct selling companies have a great product, they are able to recruit and they have adequate funding. There are many factors that contribute to the early success of a network marketing company. We are simply one arrow in the quiver of that success.

Watch the video MLM Startup Tips, Educational Resources, Answers to Network Marketing Questions attorney Jeffrey Babener offers quick MLM startup tips, answers, and resources, as well as access to additional educational resources for startup network marketing companies.

For more information on the network marketing industry visit www.mlmlegal.com and www.mlmattorney.com.

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Our next Starting and Running the Successful MLM Company Conference takes place May 15th & 16th, 2014 in Las Vegas. Call 503-226-6600 or 800-231-2162 to register. If you’d like to see how you can get free tickets to the next MLM Startup Conference, visit our Innovation Campaign page.

Visit us at www.mlmlegal.com to learn more.

Who Should be the First Key Employee that a Company Should Hire?

Charity — Thu, 06 Dec 2012 21:22:48 +0000

Who should be the first key hire for a MLM company? This is a question often asked by company owners. And, usually companies are started by one or two individuals. In a way, you are your own first key hire, but you are not really hiring yourselves. You are sweat equity. When you have sufficient funds to go out and hire, the question is, “should we hire somebody to run operations?” If you have recruitment capabilities, then an operations individual may be your first hire. However, frequently recruitment capabilities are limited. Therefore, it is more likely you may hire a VP of Marketing, because recruitment and retention is the driving force behind your business, and you may be somewhat capable of pushing through on initial operations. So, if things are going slow and you do have the capital, the first key hire will probably be somebody with substantial experience in the network marketing industry, such as a VP of Marketing in another direct selling company or a highly-successful distributor, somebody that works well with people. That person will probably be your first key hire with the next hire being an operations officer. Obviously, if you have sufficient funding, hire both simultaneously.

Watch this video to find out which other key hires are important for new startup MLM companies: Who are the first key hires for a MLM Company?

Or, read the biography of experienced MLM Attorney, Jeffrey Babener. And, read the articles “MLM Consulting: How to Build a Successful Direct Selling Company” and “The First Essential Hire for MLM Startup Companies” to find out how you can begin to start your own network marketing company.

Visit us at www.mlmlegal.com to learn more.

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What do Startup Companies Think about Long Term Professional Relationships?

Who Should be the First Key Employee that a Company Should Hire?