The Right Management Team
The management team is the backbone of your business. They are your suppliers and your collection agents all in one. How can you survive in the network marketing industry if your suppliers are not delivering the goods on time or the company has cash flow problems?
In order to choose the right company with the right management team, you must do your due diligence on these factors:
- Their track record. Is the network marketing company backed by a solid track record?
- Is the team here to stay? There are some network company owners who build and burn and build again. You donât want to invested interest in a company that is there today but gone tomorrow!
- The vision. Does the company have a solid vision and are they actively working towards that vision?
- The capacity to expand. Sometimes, when a new startup company is expanding, they might run into cash flow problems when their sales volume increases! They need to build more warehouses, deal with shipment and pay MORE commissions and bank loans when more and more orders are taken. Just because the teams are growing and the sales are coming in doesnât mean the company is able to cope.
How To Choose Your Company: Part 2
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