Archive for category Legal
Comp Plans: EVOLUTION (Part 2)
Posted by Mel Atwood in Articles, Compensation, Rewards, and Incentives, Corporate Success, Legal on December 9, 2009
(See also – Part 1: The best compensation plan in the world)
It’s impossible to understand the variations in compensation plans without defining MLM. So, what is MLM? Go to Google type in “what is MLM” and you’ll get an onslaught of varied opinion. The best descriptions are those that start by defining it from a surface, face value approach.
Multi-Level Marketing:
Multi:Â More than one.
Level: Generation or degree of separation.
Marketing:Â “the total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and selling.” (reference.com)
So, what is MLM? Any business where “participants in the marketing program may recruit other participants”[1] and where “commissions, cross-commissions, bonuses, refunds, discounts, dividends, or other considerations in the program are or may be paid as a result of”[1] a sale of a product or service “for valuable consideration”[1] “through independent agents, contractors, or distributors, at different levels.”[1] Read the rest of this entry »
Rules of thumb to keep you safe…
Posted by Mel Atwood in Corporate Success, Legal, Marketer Success on October 23, 2007
As a top MLM consultant and leading MLM Software provider I get asked all the time to evaluate businesses for their legitimacy. Part but not all of a companies legitimacy is how well they meet the legal criteria and avoid anti-pyramid/ponzi and anti-fraud laws. The other parts blend into corporate strategies, capitalization, marketing/branding, product, etc. which I’ve written and spoken on numerous times before.
However, I want to give some real solid guidelines that can be followed to:
A- As an MLM Company: Help bring your existing/start-up MLM into better compliance
or
B- As an MLM Participant: Aid you in selecting an opportunity Read the rest of this entry »
MLM Legal Representation & MLM Law Firm
Posted by Mel Atwood in Corporate Success, Legal on June 5, 2007
How to choose the right MLM Attorney or Law Firm
If I did nothing else but put our clients in touch with who I consider to be the absolute BEST MLM Legal team and Law firm available today, I would be satisfied that I did our duty to better my clients chances of survival!
“An ounce of prevention is worth a pound of cure,” is such a true statement for today’s start up companies. Be sure you protect yourself! Work closely with an experienced MLM Attorney.
On most occasions a new start-up company will start-out looking for an MLM software to track their sales organization. I get the chance to slow them down and encourage them to get good MLM legal counsel. The legal environment of the United States, Canada, and the World is changing, adapting, and evolving. New MLM legal rulings and MLM precedent, MLM legislative law and FTC/SEC (or respective agencies/ministries) adapt to the changes in commerce, the economy, public opinion, etc. Without a quality Attorney or Legal Council you’re flying blind.
The Legal Firms and MLM Attorneys we work with help HUNDREDS of start-up MLM companies each year.