Sunday, February 13, 2011

Big MLM Tip of the Day: Read Your Contract

Do you know what is in your contract? Do you even know where it is? 


Most people would answer no to both questions. Would you be surprised to know that most MLM companies include clauses such as being able to cancel your contract in 30 days with a written notice with or without cause? 


Some even have sponsoring requirements or minimum sales to maintain. If you do not meet the requirements, they can shut you down. 


This actually happens quite frequently. 


Once you know what these requirements are you can make a decision as to whether this is good for you. 


When reading the policies and procedures, I would suggest starting at the last section. They always save the bad stuff for the end. Bottom line, read your contract. 


I hate hearing about people who built a business only to have it ripped away from them.
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