Warning - Could Your MLM Company Go Out Of Business Soon?

There are no guarantees that a network marketing company will remain in business, but there are no guarantees that traditional companies will remain in business, either. However, looking at where a company has been is a good way to predict where the company is going. Nutrition for Life Internationals Tom Paredes suggests that before you join a company you compare it to the survivors in the industry. "Network marketing is more than half a century old,and during that time," says, Tom, "15,000 network marketing companies legally open their doors for business. Of those, only 30 lasted more than 10 years. Study some of those companies [that survived]. Then, if you're not joining one of those companies, find out what the company you're considering has in common with these survivors. That will give you a good indication of the company's strength, as well as it's prospects for remaining in business".Among network marketing executives and government regulators, attorney Jeffrey A. Babener is a recognized authority in network marketing law. During the past 20 years, his clients have included Excel Communications, Nikken, Avon, Body Wise, New Vision, USANA, Melaleuca, Discovery toys, and many others. To help you evaluate network marketing companies, Jeffrey offers these suggestions:*Get as much information as you can about the company. Look at the number of years in business, the area where it operates, the number of distributors, gross sales, and much more. Conducting the research requires some digging, but it will be well worth your time.*Read business and trade publications such as Entrepreneur, Business start-Ups, Network Marketing LIfestyles and others that report on specific companies.*Ask the person who presents the business opportunity to you with names and telephone numbers of other distributors as well as former distributors you can contact. Also ask to be introduced to retail customers. Talk to as many people as you can about the company.*Contact the attorney generals office in your state or the state where the company is headquartered, and ask whether any red flags has been raised about the company.*Call your Better Business Bureaus and ask whether any complaints has been filed against the company.*Find out whether the company is a member of industry association such as Direct Selling Association and the Multilevel Marketing International Association. These organizations have adopted standards for their members.*Attend one of the company business opportunity meetings and company training session, if possible, so that you can ask questions and talk to others in attendance, and gauge the company's professionalism.*Attend companies' webinar and participate with questions if possible.*Go to Citizenscorps.com for an independent overview of a MLM business opportunityThese are some of the many ways to do your due diligence in regards to coming to an intelligent conclusion when entertaining getting involved in a multi level marketing opportunity. For more information in this regard visit http://wendellreviews.com