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Renewing for All the Right Reasons

It’s that time of year when conscientious IBOs recommit to their businesses for another year. It probably seems pretty simple as an IBO Best Practice: Every upstanding IBO owes it to his or her independent business to renew.  In fact, Rule 3.7 says your business authorization ends at the end of the calendar year and Rule 3.8 says that in order to remain an IBO, you must file a Renewal Agreement before the end of the calendar year.

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You might ask, what’s at stake if you don’t renew? First, there’s your place in the line of sponsorship: You’re currently downline to your leaders, who provide you with invaluable support and training, plus you’re upline to your group from whose activity you earn income. Your downline rely on you for support and training, too. Second, there’s access to the Amway Opportunity and the income it can provide.  As you achieve more and more as an IBO, at stake are also the numerous bonuses and incentive trips you can earn. Third, through your business as an IBO you have access to high quality Amway® products at a discount.  And finally, there is the aspect of doing something productive with your time. There are a lot of things you can do with your extra time – watch TV, inhabit Internet chat rooms, tinker with a hobby – or you can build a future for you and your family with a longstanding company with a record of success.

As someone who obviously wants the best for his or her family, it makes sense that you’ve signed up in the past as an IBO affiliated with Amway North America (formerly Quixtar). It makes equal sense to renew that association by renewing your business now.  The deadline is December 31, 2010, but the earlier you renew the earlier you and everyone in your line of sponsorship can plan for the exciting year ahead.

Another IBO Best Practice to keep in mind at this time of year is renewing your association with the IBOAI. The IBOAI represents all Independent Business Owners, the voice of every IBO with Amway North America.  Continuing as a Member is as simple as making sure the box is checked on your Intent to Continue renewal form. In doing so, you are showing your support for IBO leaders who represent you with passion in negotiations with Amway. Together, we make this business stronger and keep this opportunity the leader in our industry. In return, you share in the benefits that every IBO enjoys of enhanced incentives, improved business processes, the help of Association staff, and the backing of consultants that support your own business with knowledge and technology. The IBOAI is the only one of its kind in the industry, and it’s a best practice to support it.

See more of the IBOAI’s IBO Best Practices


 
 

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