Does the company comply with the regulations and provisions contained in the law?
Posted: Sun Jan 19, 2025 4:15 am
Of course, this is very different from the original promise, which was that you don't have to do anything. (4) Supposedly this business is risk-free Every business has RISK. This risk can come in various forms. This is something that is rarely explained in any MLM type business. So I want to briefly share with you what the risks in business are that you may face, especially when it comes to MLM type businesses. i. Business management risks . Does the company have a business plan ? What marketing plan is being implemented? Will the company advertise the business using billboards? Television? Radio? Internet or will it collaborate with any artists? ii.
Legal risks . Does the company have a VALID business license? What if one austria phone number resource day, the company is investigated by the police? Is it raided by Bank Negara Malaysia for example? iii. Business operational risk . Factories close. Many workers quit. Products produced have problems and defects. All of this will pose risks to the business and it stems from the company itself. iv. Financial risk . Occurs when a company fails to pay its debts to banks and lenders.
Most companies will take out bank loans when they want to expand their business. However, if they fail to repay, the company can be declared bankrupt and have to close operations after liquidating all of its assets. (5) Only the Manager can explain Other people can't explain. If you do, you will be considered to have made a big mistake. That's why if you notice, people who invite you to join MLM businesses like this usually won't reveal any information about the business they are doing to you before you come and meet the manager .
Legal risks . Does the company have a VALID business license? What if one austria phone number resource day, the company is investigated by the police? Is it raided by Bank Negara Malaysia for example? iii. Business operational risk . Factories close. Many workers quit. Products produced have problems and defects. All of this will pose risks to the business and it stems from the company itself. iv. Financial risk . Occurs when a company fails to pay its debts to banks and lenders.
Most companies will take out bank loans when they want to expand their business. However, if they fail to repay, the company can be declared bankrupt and have to close operations after liquidating all of its assets. (5) Only the Manager can explain Other people can't explain. If you do, you will be considered to have made a big mistake. That's why if you notice, people who invite you to join MLM businesses like this usually won't reveal any information about the business they are doing to you before you come and meet the manager .