Money Making Opportunities During a Recession
61Direct Sales Can Hedge Your Financial Stability During a Recession
Research has discovered some of the most compelling reasons people choose direct sales are:
- Direct selling offers flexible work schedules.
- Direct selling is an excellent way to earn extra income.
- Direct selling if a fantastic way to own a business.
- The income you earn from direct sales are in direct proportion to your efforts.
Direct sales have no educational requirements. Anyone with drive and ambition can achieve financial success. People of all ages and backgrounds have the ability to succeed as long as they put the effort into THEIR business.
Direct sales entrepreneurs are independent contractors. You are your own boss which means you have the ability to:
- Work part-time or full-time. You decide your schedule and how much effort you want to put into your business.
- You establish your business plan and make your own financial goals.
- Your earnings are directly proportional to your efforts. Your success is dependent upon your determination to succeed.
- Own a business of your own with minimal capital investment.
- You will receive training and support from an established company.
Consumers enjoy shopping through direct sales venues!
Recent surveys indicate that 74% of Americans have purchased goods or services through direct sales representatives. This percentage exceeds the number of people who have purchased through television and on-line computer services combined! People value the merchandise available through direct sales and statistics show that 45% of Americans want to purchase from direct sellers.
Direct sales is a flourishing industry!
In the last decade sales in the United States have more than doubled to well over $30 billion and are over $100 billion worldwide! About 75% of the direct sales work force is female. Many people begin their direct sales career as part-timers and later leave their career when their direct sales career becomes more lucrative than their present job.
Beginning your direct-sales career!
When teaming up with a direct sales team there is usually a start-up fee that varies between $99.00 to $350.00. These fees should NEVER be entirely related to simply gaining the ability to participate in a direct sales company. The start-up fee should include product as well as training materials that are equivalent to the cost of the entry fee.
Expensive entrance fees can be indicative of pyramid schemes, in which hopeful entrepreneurs are encouraged to spend an exorbitant amount of money upfront without receiving product that is equal to the amount of the entrepreneur’s initial investment. These fees then become the mechanism driving the pyramid scheme and placing the bilked entrepreneur in great peril of financial harm.
Ethical direct sales companies
Ethical direct sales companies do not push their new team members to purchase large amounts of product up front. Inventory that is purchased should be able to be resold to the consumer in a reasonable amount of time, typically within a couple of months.
A good direct sales company will buy back any inventory that was unable to be sold by the direct sales representative should the direct sales representative leave the company. The product has to be resalable and purchased within the last twelve months.
An excellent direct sales opportunity will NEVER misrepresent the actual or potential sales opportunity, but rather provide you with historical revenues and benchmarks.
The terms of any warranty or guarantee offered by the direct sales company (seller) must conform to federal and state laws regarding warranties, guarantee laws and regulations.
The opportunities await. What you do with them is completely up to you. I wish you much success!
You can do it!
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