Unless a particular country has laws that prohibit direct selling, MLM is usually perfectly legal. Some countries, states or provinces have laws or regulations that may limit what you”re permitted to do in your MLM business (such as Not For Retail, cooling-off periods, no products kit sales in the first week or month or similar). how you conduct your MLM business. The laws are usually a well-meaning attempt by authorities to prevent unethical conduct. Unfortunately, they’re really an attempt to control motives and attitudes, which can’t be legislated, so they too often end up having the wrong effect on the wrong people.
MLM Matrix plan is also called ‘Level Plan‘ or ‘Pyramid System‘. It typically have 2 aspects – Width & Depth. For example 2×5 matrix, in this plan ‘2’ refers width which is a member can introduce 2 members only on his own downline. and the ‘5’ refers upto how many downlines will receive commission.
MLM Binary Plan is a one of the major compensation plan using around the world. As like the standard meaning of Binary (It has 0, 1), the plan needs 2 members to start with. Its also calling as Pair Matching Plan.
When anyone start to thinking about starting a mlm business, first they all get confused to choose the right compensation plan for their business startup. In MLM there are so many type of compensation plans available such as Binary, Matrix, Unilevel, Investment, Party and so on. And in each segment there are several uniquely crafted modules also available. So its really a tough and intelligent task for the mlm entrepreneurs.
Here I given some steps to choose your right business plan before you customize that as per your calculations: