{"id":3970,"date":"2008-08-26T15:41:44","date_gmt":"2008-08-26T20:41:44","guid":{"rendered":"http:\/\/magic1host.com\/blog\/2008\/08\/26\/online-businesses-things-you-have-to-know-about-the-pay-plan\/"},"modified":"2008-08-26T15:41:44","modified_gmt":"2008-08-26T20:41:44","slug":"online-businesses-things-you-have-to-know-about-the-pay-plan","status":"publish","type":"post","link":"https:\/\/magic1host.com\/blog\/?p=3970","title":{"rendered":"Online Businesses– Things You HAVE to Know About the Pay Plan"},"content":{"rendered":"
by TheLastBestBiz Team<\/div>\n

Considering a home business opportunity objectively is not an easy project. The website and marketing materials for each business are designed to maximize the positives and minimize the negatives. This is’nt good nor bad in itself; it’s just a fact. After seriously considering at least a hundred business opportunities, I made a list of “Things You Have to Know.” These are further divided into Things To Know About The Company, The Products, The Pay Plan, and The Training. This article will cover what you should know about the pay plan.<\/p>\n

What you need to know about the pay plan<\/p>\n

1. If you are indeed going to spend hours of your time and effort to create a successful business, make sure you are expending that effort to create a stable and steadily increasing residual income. There are generally only two sources for this: repeat sales to the end customer (they buy more weight loss pills) or from continuing monthly fees (subscriptions, dues, etc.). If the pay plan has a “breakaway” feature, you will repeatedly be building your business as you keep losing people who “break away” from you.<\/p>\n

2. Keep away from any kind of “pass up” pay plan. Pass ups can be called many different names (“qualifying sales,” for instance), but all of them do the same thing. The first “X” number of sales you make goes to your sponsor. After that, your sponsor makes no more income from your efforts, but has “X” new people to produce sales to be passed to him. Once your pass up requirement is met, your sponsor has NO incentive to help you.<\/p>\n

3. I am a fan of network marketing, but the system has one great flaw– to make any serious money, it takes tens or hundreds or thousands of people in your downline. Most often, this is a result of the small profit margins available to you from the sale of products. If each sale or recruit earns you only pennies a month, the money does not pile up very quickly. Look for the kind of plan where you can make up to $900 or more per sale.<\/p>\n

4. Look for a pay plan that does not require you to harass all of your friends and family. If you have already approached them with a few “can’t miss” opportunities, you have already learned this. If this will be your first venture into the home business field, prepare yourself for the fact that your family and friends probably won’t be interested in your business until you are earning some money without them.<\/p>\n

After the company, products, and pay plan have met the requirements of your check list, you are ready to find out what you have to know about the training.<\/p>\n

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About the Author:<\/div>\n
Looking for a good and reliable home business<\/a> or mlm<\/a>? Don’t risk getting scammed. Read Jack Beddall’s informative series of articles<\/a> about things you HAVE to know to evaluate any Internet opportunity.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Considering a home business opportunity objectively is not an easy project. The website and marketing materials for each business are designed to maximize the positives and minimize the negatives. This is’nt good nor bad in itself; it’s just a fact. After seriously considering at least a hundred business opportunities, I made a list of “Things You Have to Know.” These are further divided into Things To Know About The Company, The Products, The Pay Plan, and The Training. This article will cover what you should know about the pay plan.<\/p>\n","protected":false},"author":651,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[88],"class_list":["post-3970","post","type-post","status-publish","format-standard","hentry","category-mlm","tag-mlm"],"_links":{"self":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/3970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/651"}],"replies":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3970"}],"version-history":[{"count":0,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/3970\/revisions"}],"wp:attachment":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}