Avoid MLM Scams
Guidelines for Legitimate MLM Companies:
No one will tell you whether a particular multilevel marketing company is legitimate or a MLM Scam
. The Federal agencies such as the FTC or BBB can not give you advice about whether to join such a program. You must make that decision yourself. What these agencies can do is suggests that you use common sense to avoid MLM Scams
, and consider these seven tips on choosing Legitimate MLM Companies:
. and avoiding MLM Scams
when you make your decision.
Of all the money making opportunities MLM (multi-level marketing) is the most popular on the Internet. MLM has developed into a huge business with a vast online infrastructure. Apart from simple MLM websites there are directories of MLM job opportunities, online training courses and MLM clubs and many more. However many are scams.Avoiding MLM Scams
- Avoid any MLM plan that includes commissions for recruiting additional distributors.
- Beware of MLM plans that ask new distributors to purchase substantial amounts of inventory. These plans can disappear quickly and will be gone without a warning. Leaving you with useless inventory.
- Be cautious of plans that claim you will make money through continued growth of your recruits the commissions on sales made by new partners rather than through sales of products you make yourself.
- Avoiding MLM Scams beware of plans that claim to sell miracle products or promise enormous earnings. Just because a promoter of a MLM plan makes a claim does not mean it is true. Ask the promoter of the plan to substantiate claims with hard evidence.
- To avoid MLM Scams beware of references that may be setups or even friends paid by a plan’s promoter to describe their phony success in earning money through the plan.
- Do not sign any contracts in any high-pressure situation. Insist on taking your time to think over a decision to sign or to join. Talk it over with a third party maybe your business partner, or a knowledgeable friend, or lawyer.
- Do your Due Diligence or research on all MLM Programs you are considering. Investigate with your local Better Business Bureau (BBB) about any plan you’re considering, especially when the claims about the product or your potential revenues seem too good to be true.
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