Are you trying to figure out what the Amway business plan is all about, or how to become an Amway contractor? Amway is a direct sales company that manufactures its own products and then sells them through multi-level marketing. Most of Amways products are in the health, beauty, and home care markets. This 71 year old business generated $8.4 billion in sales in at year end December 2009, indicating that it is still going strong. The backbone of the Amway business plan is its vertical model. The company designs, manufactures, and then markets and sells all its own products. This results in the following:
• Better efficiency because everything is in house
• Fewer middle men to pay
• Overall lower costs and overhead
• Better control over products and operations
While there is no question that it might be difficult for an entrepreneur to start an Amway business today there are many elements of this Amway business plan model that you could take and apply to your own operation. This includes developing more of your products/services in house and keeping as much control over your operation as possible. Developing a business plan or business model is not an easy task for a first-time entrepreneur, however. So in that case why not let the business plan writing professionals at MasterPlans do the job for you? With thousands of satisfied clients, we are confident we can provide you with the business plan you need. Call us at 877-453-2011 for a free consultation.
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