Pyramid Schemes: Saving the network marketing industry by defining the gray

 
 
 
 
 
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In these trying economic times, responsible network marketing companies are positioned to offer viable opportunities for people that desperately need them. They combine passion for products with individual ambition to create a powerful testimony to the unyielding principles of free enterprise. With a fair compensation plan, an exciting product, and proper education, independent agents across the globe can leverage the power of networking to dramatically change their financial circumstances while working from home.

But while the industry is poised to meet increased demands for unique products and viable opportunities, the law remains confusing! The legal pitfalls are severe, cumbersome and complex. The penalties range from civil liability to jail time. And unfortunately, there’s not much guidance to help companies stay on the right side of law. While less sophisticated organizations view the law as an impediment to profits, responsible organizations value legal assistance as necessary tools for long term sustainability. In these uncertain regulatory times, organizations that cultivate the right sales culture early will thrive. In this industry, legal issues go largely unnoticed until they’ve caused serious damage. An ounce of prevention is worth a pound of cure.

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03/25/2009

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