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[P623]Prepaid Legal Compensation Plan

by Mr. Roman Bernard Sloan, Mr.

When illness grabs ahold of us, we expect our medical insurance to bail us out, we expect the same thing from our car and home insurance companies. But guess what, our legal protection and our identity rights don't mean as much to us as it should.

That's what has made me take a closer look at several companies that offer some type of prepaid legal protection. In researching these prepaid legal companies I question the need for such an added expense to my already growing monthly output.

I ponder on if a prepaid legal serivce plan is something people need to have or is it a product that takes advantage of people's fear and anxiety about legal matters.

Years ago I used a legal professional because my dad lost his battle with severe illness and I needed help sorting through the final details of his life's legacy.

The thing is, dad had no updated will so we were kind of left in the dark on what to do. I'm currently reading how some prepaid legal services offer will preparation as one of the cornerstones of what they do.

Honestly, having a last will and testament drawn up is the furthest thought from my mind at any given time. I probably should get one prepared just in case because it's been reported that an astonishing seventy percent of people will pass away without leaving a will behind.

And in contacting several prepaid legal companies they said that their first mission is to help you devise a will as soon as you arm yourself with prepaid legal protection.

From what I understand about most prepaid legal services is that they are basically a voice for those who probably can't keep an attorney on retainer full time and that turns out to be most people. But I guess a prepaid legal services plan would be like having an entire law firm on retainer.

Theoretically, I could be bombarded with legal complications like being detained by law enforcement, collecting a debt from someone who owes me, and preparing my will, and have these situations seen about by my prepaid legal services law professionals.

Maybe if I had a boatload of legal problems ready to chew me up this would be really advantageous to me, but it's not right now. I could see the will prep as something my spouse would bug me about. But what if a person really has nothing to leave behind?

Could be that the whole point of having some prepaid legal protection is to prepare for life's "what ifs".

It seems the most misunderstood compensation plan in Network Marketing is ? the Binary Plan. If operated properly, this plan is a classic example of a ?people helping people? program. I feel the Binary compensation system is the easiest system for anyone to build and develop. Here are some of the reasons I feel this way.

According to widely accepted statistics the average distributor sponsors 2.7 people. Clearly this fact alone has huge significance. In essence; it means the difference between success and failure for the majority of people who venture into this industry! In the Binary, you just build 2 legs or teams as Binary means 2. If distributors can just bring in 2 and teach those to do the same, they can achieve success.

Another BIG advantage to the Binary plan is the additional placements made by those who sponsor more than 2 distributors. After I've sponsored my first 2 distributors ? all additional distributors I sponsor fall below my original 2 distributors ? which in turn adds to their volume!

This generates a wonderful sense of excitement - which builds teamwork - which in turn feeds on itself as demonstrated by the incredible growth Binaries are known for.

A lot of other compensation plans require that you develop up to 5 or more team legs wide in order to earn from sales 5, 6 or 7 levels in depth. Most people would admit that building five teams requires significantly more work because you must splinter your focus, time, & energy among many teams rather than just two teams.

I personally know people in other plans who have worked like crazy to build their organization only to see the big money just out of reach because they were limited in the levels of depth they can benefit from. With the binary your volume is not limited to levels, so you are just as happy to place someone on your 100th level as you were your 1st.

The Binary compensation plan is not Multi-Level Marketing. That's because MLM plans usually pay based on a limited number of levels (typically 5-10). A Binary does not pay you on levels; it pays you on total sales volume of everyone in your two legs/team up to a predetermined cap set by the company. Levels don't matter, only sales volume does.

In the Binary plan there is a fairer dispersion of income. Since successful upline distributors place new distributors in their downline, Sales Volume is distributed to entire lines of people. This means that the commissions being paid on volume end up being spread out more evenly among entire groups of distributors.

The current binary trend is that companies do not require an exact balance of the two legs/teams, but pay on the sales volume on a 1/3 ? 2/3 split of volume. This means that you'll get paid for the full amount if you have for example, 1000 points left sales volume, 2,000 points right sales volume (or vice versa). If one of your 2 legs sales volume grows much faster than the other ? Great, now you only have 1 leg to focus on. To receive a commission most companies, regardless of their marketing plan structure, require the distributor to make a minimum purchase each month of a product or service

Another thing I love about Binaries is that all the sales volume that is generated thru my organization remains intact until I qualify to receive it. This is like money in the bank! This is a world different than every Multi-Level company I'm aware of which flushes that volume away at the end of each month.

I've worked a good variety of the ?other plans? and in my experience the Binary Plan allows people to work together in a much more synergistic manner; which pays off in numerous ways ? including higher incomes for the greatest number of Distributors.

Article Source : Legal Services Commission Forms

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Both Mr. Roman Bernard Sloan & Debbie Amon are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Mr. Roman Bernard Sloan has sinced written about articles on various topics from Health, Legal Matters and Multi Level Marketing. Mr. R. Sloan has spoken to people who enjoy their and those who have passed on it. He's discovering that today's world may facilitate the need. Mr. Roman Bernard Sloan's top article generates over 4400 views. to your Favourites.

Debbie Amon has sinced written about articles on various topics from Home Based Business, Legal Matters and Investments. Businesswoman, Friend, Collaborator, and Team player, Debbie Amon fulfills her Entrepreneurial Calling by offering a great service that enriches the lives of others. Together with other fellow BraveHeart Community members, her goal is to empower Women to. Debbie Amon's top article generates over 22200 views. to your Favourites.