How Much Does it Cost to Start a MLM Company?

more+
less-

We are often asked about overall costs of the basic infrastructure for starting and running an MLM/network marketing company. Very good explanations of these components are in articles and videos at www.mlmlegal.com.

However, below we have provided further explanation:

MLM/Network Marketing Direct Selling Infrastructure Components

Four key infrastructure components are involved in moving forward with an MLM/network marketing company:

1. Legal and industry advisor and coordinator of resources (such as our firm).

2. Technology… management of genealogies, back office access, replicated websites, communication tools, etc.

3. Compensation plan development… which also may have other project management functions.

4. Creative… the group that will be involved in graphics, flash, video, etc. for website and marketing materials.

5. Lastly, the additional resource needed - but not at cost - is merchant account processing and we are pleased to provide appropriate introductions for our clients.

During the first year (not the first month) it is not unreasonable to expect the above four components to be in the range of $100-$200k

This article can also be viewed on our blog at http://mlmattorney.com/blog/2013/02/21/how-much-does-it-cost-to-start-a-mlm-company/.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Babener & Associates | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

CONNECT

Welcome to MLM Legal - a valuable resource to the Multi-Level Marketing and Direct Sales Industry. ... View Profile »


Follow Babener & Associates:

Reporters on Deadline

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×
×