Network business, also known as network marketing or multi-level marketing (MLM), is a model that has been gaining prominence across the globe. This business structure allows individuals to earn income by selling products or services while building a network of distributors, who can also generate sales and grow the business. Despite its mixed reputation in some circles, network marketing offers a range of benefits for entrepreneurs looking to enter the business world with minimal upfront investment and substantial growth potential.
1. Low Startup Costs and Minimal Risk
One of the most attractive aspects of network business is the low cost of entry. Unlike traditional business models, where entrepreneurs need significant capital for inventory, equipment, and physical locations, network marketing typically requires only a small investment to get started. Often, the initial cost is limited to purchasing a starter kit, which includes products and marketing materials.
Reduced Financial Pressure
This …