If you are considering joining the direct sales industry it is important that you pick a party plan company that will match your goals and personality.
Not every home party plan business is the same so make sure that you choose to work with one that will not only bring you great profit, but great personal well-being also.
There are several important things to consider before you jump on board with just any company.
How To Pick A Party Plan Company
There is no clear cut way to pick the right company for you.
Most new consultants join without much thought but that is not always the best way to get started.
- Never go for the money, or just the money alone.
Every home party plan business is going to make you feel hopeful for making big bucks, but not all of them will keep your interest for long.
Investigate the commission plan as it relates to actual sales! 50% commission sounds great but 50% of what kind of party sales?
- What inspires you? What is your passion?
What makes you want to share, share, share?
What are you passionate about?
If you are more interested in makeup than homeopathic dog products, for example, you don’t want to be pushing organic dog food bowls on people. Stick to products and companies that interest you.
As they say – you will never work a day in your life if you love what you do so stick with your passions!!
You will feel motivated to do well because you enjoy what you are doing.
Ground Floor Company VS Established Brand
- Look at the history of the company!
Where is a benefit to joining a ground floor business opportunity because of the vast potential but there are other benefits which may out weigh that in joining an established brand.
Check to see how long any business you are considering lending your talents to has been in business as well. Some new startups may seem like all the rage now, but it is only a ground floor opportunity if the floor does not fall out from under you.
The tried-and-true companies have a lot to offer.
If you do want to jump on board with a new venture, then make sure they have enough key features in place to support you.
Does the new company have the finances to last through the ups and downs of starting a new company and supporting it’s team?
In addition to researching the company’s finances, you should look at whether they have in place a few basic support systems such as:
- Replicated site
- Training programs
- Company policy and online guides
- Exchange and return policies
- Written compensation plan with leadership levels
Those are just a few things to consider so, keep in mind that a lot of your own hard work when joining a ground floor company will be helping to brand the new company with the general public in your town.
Most direct selling companies offer great services and products. The solid companies that have been in business for years are already an established brand so sometimes may be easier for you to represent.
When you work with unknown products and brands, your personality and knowledge have to be that much more approachable to make sure you benefit. Long-standing companies often have a great customer base already, making it easier to jump on board and begin making real profit.
More On Picking A Party Plan Company
The most important thing for your home business is training and support!
For this reason, choosing a company with a great support team to help you succeed can mean the difference between success and failure.
Print a checklist and learn more about how to start a home party plan business at the Cash Flow Show website!
No matter how you choose to go about your venture, remember that your happiness and your success will always go hand in hand.
Do I need to start my home party business with a company? I have been working my home party business for a year and its coming alone fine. I did my research, got my business ID# and modeled it after a well known company. The only thing is I don’t know what I would offer if I was to recruit.
Lee, most people join an existing company so that they do not have to figure out all the procurement and compensation details. In addition they become a part of an existing brand that already has support in place.
Anyone can start their own home party plan business with their own products and bring in consultants. Sounds like you are on track. The important thing, Lee is to have your compensation plan in place and also the collateral materials (host flyers, catalogs, websites) for the new distributors to use. The DSWA as well as myself also help with that in the form of business consultancy. If you need business guidance, call the DSWA or myself at 717-751-2793 and we can help you put the pieces in place to start growing a team.
Great advice! There are so many companies out there, and they’re all great for different reasons.