There are dozens of MLM Business Plans out there, and deciding upon which one is the best amongst them is a tough task. However, each and every MLM Plan has its pros and cons. The multi-level marketing companies launching the MLM business plans do not always stick with the standard features, but they prefer adding some extra features at their own end. This makes more difficult for you to judge an MLM business plan if it's good for you or not.
However, there are certain factors which have to be taken care of while determining the profitability and effectiveness of an MLM business plan for you. Here are a few key factors that you have to keep in mind while choosing an MLM plan:
If an MLM business plan offers great earning potential and growth scope, but is difficult to understand and execute, it's useless for you. You must make sure that the plan you choose is easy to understand and play with. For instance, a Binary MLM Plan and Matrix MLM plan are very easy to understand. On the other hand, the Generation Plan and Board Plan are a bit difficult to play with. Uni-Level Plan, Stair Step Plan, Donation MLM Plan and Australian Binary Plan are also easy but demands some experience and knowledge of the MLM industry before you start playing with them.
If a plan is good, a majority of people would be using it. Simply put, you may determine the quality and effectiveness of an MLM plan by its popularity. In the MLM industry, the Binary Plan, Matrix Plan, Generation Plan, Stair Step Plan, Donation Plan and Australian Binary Plan are highly popular and millions of people are using them. Uni-level Plan and Board Level plan are a bit less popular amongst MLM marketers.
Control on Profit Share
Can you control how much you can earn with a particular plan? Obviously, you want full control on your hard work and you always want your plan offers you maximum financial benefits. If an MLM business plan is good, it will give you the complete freedom and control on your earning. For example, you may control how much you want to earn while working with Binary Plan and Australian Binary Plan, but your earning depends upon many other factors with other plans.
Number of Legs
A plan is simple if it has limited number of legs, because it reduces the complexity and increases your earning potential. The Binary MLM Plan has only two legs, which means, you just have to focus on the growth of your two legs. Same is the case with Stair Step and Australian Binary Plan that comes with only two legs. Other MLM plans either have unlimited legs or the MLM company may decide how many legs they want. Therefore, such plans become difficult to manage.
How the earning is distributed is yet another important factor in determining the quality and potential of an MLM plan. If the earning is not distributed properly, chances are very little that you will be able to make good money. Also, if your income stops at a certain level, you may miss many advantages. The Binary MLM Plan, Generation Plan and Australian Binary Plan offers you income at unlimited levels thus you are sure to make good amount of money, while other plans restrict your earnings and put less money in your pocket.
After this comparison, it is clear that the Binary MLM Plan comes out as the best MLM Plan for you. As a starter or an experienced marketer, you may enjoy unlimited benefits from this plan. So if you are interested in making huge profits from the MLM industry, the Binary Plan is the best choice for you.