Top MLM Benefits: 5 Reasons to Start a MLM Business

What are the most common MLM Benefits? In other words, why should you join a MLM Company as a distributor? In the paragraphs below, I want to share my top five reasons to start a MLM business. Let’s get started.

1. Discount on Products: Whether you plan on building a large business or not, you can sign up as a distributor and get a nice wholesale discount on your products. This is typically a 20%-50% savings depending upon which company you join.  Since the sign up cost is typically very low (less than $100) you can recoup that money within your first couple of orders.

top 5 mlm benefits

Top 5 MLM Benefits

2. Low Start Up Costs: If you really want a business of your own, but don’t have much start-up capital, you could join a MLM Company. In most cases, the start-up costs are less than $200. When compared to a traditional business, this is a great alternative. I’ve found that most people who want to start a traditional business do not have enough capital to get started.  As result, they never end up starting a business of their own.

3. Earn Residual Income: Very few business models offer the opportunity to earn a residual income. Most traditional business owners are stuck to their business and cannot take time off. They have to keep trading hours for dollars. With network marketing, you can develop a solid passive income stream that pays you for a long time, whether you keep working or not. Of course, you have to work hard to build up that income stream. But, I think it’s worth it.

4. Work From Home: I love to work from home. There’s nothing like not having to commute to work. Plus, you can work in your pajamas. If you have small children at home, this is an added benefit.

5. Tax Benefits: The tax laws in America are written to benefit entrepreneurs. When you start a MLM business, you can get some great tax incentives, just like a traditional business owner. As always, you should consult with a licensed CPA before you start your business or file your taxes.

Final Thoughts

In summary, there are lots of MLM Benefits. Although building a successful MLM business isn’t easy, or a walk in the park, there are many positive things about our industry. Sure, our industry isn’t perfect. But, no business model is. However, we offer lots of benefits for anyone looking to start their own home based business. My best advice to you is to explore your options, do your homework, and look for a company you are comfortable with.

What are your thoughts? What reasons do you think people should join the MLM Industry for?  Leave a comment and let us know.

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6 thoughts on “Top MLM Benefits: 5 Reasons to Start a MLM Business

  1. Faye

    It is true: the income tax benefits of owning your own business are wonderful. You do need to report income so that you can pay appropriate taxes, but there are so many offsets to be considered: mileage for self-employment related travel, a portion of your mortgage or rent paid for your home office space in your residence, apparel with your company logo, and all self-employment related expenses. Just be sure to save those receipts and be able to document every single deduction that you claim, just in cause the IRS decides that your number comes up for an audit.

    Reply
  2. Chrystlyn Edwards

    I am happy you chose to list the 5 benefits of having a MLM business, especially for people are interested in getting into the industry. Out of the 5 benefits, my favorites are the low startup costs and the ability to work from home. Both are good because most family have a budget and have a desire to spend more time with their families at home. This was an informative article.

    Reply
    1. chuckholmes Post author

      I’m glad I could help. Working from home is huge, especially with the price of gas. And the fact that people who want a business have the opportunity to start a business, even if they are low on cash is a really good thing.

      Reply
  3. Jessica

    The product discount and low start-up cost are what drew us in to the MLM, direct-selling arena. Whenever I start to say I failed with the Pampered Chef (read, not getting a regular income established), my husband starts adding up what we would have spent furnishing our kitchen as newlyweds without it. And yes, working in your pajamas is DEFINITELY an added benefit when you have small children… 😉

    Reply
    1. chuckholmes Post author

      Look at your experience as a valuable lesson in life and in business. Very few entrepreneurs (none that I know of) succeeded in their first business venture. Good things take time!

      Reply

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