1. Own Your Own Business

2. What’s Direct Sales
Selling without the use of a retail outlet, distribution, broker or wholesale or any other form of middle person.

3. Direct Sales
Start up cost $5 - $1,000
Work from home
Almost no risk

4. Direct Sales Company
Direct personal presentation, demonstration and sales of product service.

5. SOLE PROPRIETORSHIP
Unincorporated Business that is owned by one individual
Example:
BIG DADDY’S
PIZZA!
Liabilities are all the owners
Start up fees very
Owner undertakes all the risks of
the business for all assets.

6. PARTNERSHIP
Unincorporated business organization in which multiple individuals participation in ownership.
Partners have unlimited legal responsibility of debts and liabilities.
Start-up costs are split among partners.
(May vary)
All profit is divided by all owners.

7. FRANCHISE
A form of business organization in which a firm already has a successful products or service (the franchisor) enters into a continuing contractual relationship.

8. Royalties paid out from profits to franchise.
Start up fee $350,000 +
Royalties paid out from profits to franchise.
Low Risk – If you buy into a strong franchise
Unlimited liability
Franchise will train you and they do all the background work.
FRANCHISE

9. CORPORATION The most common form of business organization.
Consisting of a person or group of people who become shareholders.
*Start up fee’s padded by shareholders
*Limited liability
*Limited risk

10. Limited Liability Company (LLC)
The limited liability company (LLC) is a relatively new form of business organization. This business structure is a hybrid of a partnership and a corporation. Its owners (called members) are shielded from personal liability, and all profits and losses pass directly to the owners without taxation of the entity itself.

11. WHAT BUSINESS FIT YOU?
Do you like working from home? (Direct Sales Company)
Do you like having all the profit? (Sole Proprietorship)
Would you like to share your success with another person? (Partnership)
Do you like the safe risk of a Franchise?
Do you want to be a part of a Corporation?
WHAT ARE YOUR LIFE PLANS??