Whether you’re thinking about using a dating app, looking for a new car, or considering a new investment, doing your research is key.
The same is true for business opportunities. How do you know if a business venture is right for you? How do you know if it’s a reputable, reliable company? You check it out.
That’s what Craig Clickner did when he heard about the Amway opportunity. Craig studied finance and economics in college and worked as a risk analyst for a major corporation.
“Because I wasn’t familiar with network marketing, I ran what’s called a Dun & Bradstreet report on Amway,” said Craig, who joined Amway in 2003. “I did a lot of analysis in terms of the financials and the strength of the company, and everything that I learned was really remarkable.”
Low-cost, low-risk, low-overhead
Plus, Amway provides all the business infrastructure for its business owners.
“So many people want to do a startup, and that’s great,” Craig said. “But there’s so much work that comes with that, so much capital investment, so much time, before you ever can get a dollar of revenue.
“With the Amway business, you can start creating revenue day one, and you can earn your first monthly bonus.”
Researching Amway today will reveal equally impressive results. It was named the number one direct selling company globally by the 2017 Direct Selling NewsGlobal 100 based on 2016 sales figures and was number 35 on Forbes’ 2017 list of “America’s Largest Private Companies.”
Amway operates in more than 100 countries and territories and has 19,000 employees, including 1,000 scientists, engineers and technical professionals. These employees work to develop, create and test more than 450 high-quality health, beauty and home products as well as support the millions of Amway Independent Business Owners across the world through training programs, manufacturing facilities, certified organic farms and customer service centers.
“This is a company that has been out there for more than 55 years—that’s more than half a century,” said Omar Fabel, who joined Amway in 2014. “You can call the company and talk to someone directly. Any question you have, they can answer it.”
Amway stands behind its products, too, with a 100% Satisfaction Guarantee as part of the Amway Promise.
Hear from more satisfied Amway IBOs in the latest video in our series about the Amway opportunity.
How do you determine if a company is reliable? Can Amway pass your test? Check it out!
The average monthly Gross Income for “active” IBOs was USD$207 (in the U.S.)/CAD $186 (in Canada). Approximately 48% of IBOs in the U.S., and 52% of IBOs in Canada, were “active.”
IBOs were considered “active” in months in 2016 when they attempted to make a retail sale, or presented the Amway IBO Compensation Plan, or received bonus money, or attended an Amway or IBO meeting. If someone sustained that level of activity every month for a whole year, their annualized Gross Income would be $2,484 (U.S.)/$2,232 (Canada). Of course, not every IBO chooses to be active every month. “Gross Income” means the amount received from retail sales, minus the cost of goods sold, plus monthly bonuses and cash incentives. It excludes all annual bonuses and cash incentives, and all non-cash awards, which may be significant. There may also be significant business expenses, mostly discretionary, that may be greater in relation to income in the first years of operation. For the purposes of the calculation in Canada, individuals who were IBOs for less than the entire year in 2016 were excluded.
Before registering as an Independent Business Owner (IBO) powered by Amway, you should read and understand the AMWAY™ Business Overview Brochure, which contains important information for those interested in becoming IBOs.