Business Plan
The basic details for your MLM Business. They are black and white issues of owning and operating a Network business on the internet.
We can assume your MLM Business Plan calls for an office in your home. Here are some sound suggestions for setting up your space.
| Approximate
recurring expenses: |
| Internet telephone: |
$29.95 per month. No cost for long distance |
| High Speed Internet Connection |
$29.95 per month |
| Personal Mobile Phone |
$49.00 per month |
| *Fee to your MLM Companies |
$100 - $300 per month |
| SUBTOTAL $410 |
|
| Initial Fixed Asset
Furniture and Fixtures |
| Desktop or laptop Computer |
$600 - $900 range |
| **Leather Adjustable Chair |
$300 - $500 range |
| (6) 2" Three ring binders |
$28.00 |
| Personal Headset for Internet Phone |
$89.00 |
| ***Personal Website |
$2000 - $3000 |
| Incorporation (Del or NV) |
$200 |
| SUBTOTAL $5000 |
See your CPA for Tax Advice |
** Network Marketing Home office. You will hear this over and over in your MLM Business plan: Don’t Skimp. You are going to be sitting in that chair talking on the phone a lot. (2-5 Hours) per day minimum to build your Business. This is why you will need a private room in your home to conduct business, without the interruptions from kids, wives, husbands, dogs, cats, aunts, uncles and all others who want to visit you during the day. "As with most in home visitors, they don't feel you have a real job just sitting at home talking on the phone." Network Marketing/MLM, like any other business, has overhead, you will have to deal with all of above if you are going to make a profit. These are the realities operating a successful internet home based business.
*** Personal Website: Get started today on building your personal business website. (How I wished someone would have explained this to me before I spent thousands of dollars on off the shelf programs.) You need a site designed to grab high positions on all search engines and send thousands of prospects to you on a consistent bases.(Details discussed on how to drive free marketing leads, prospects/business partners to you, in other sections of this site.) Your personal company business site, must be built on the web concept of capturing search engine positioning, much as the one you are viewing right now.
Your MLM Business Plan must include developing your sales skill of asking questions. Take detailed notes. Have a pre-printed form containing all the questions you need answered when speaking to potential business partners. When you have your website completed, it will include the form for your potential partners to complete.
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