Since 2015, three prominent direct sales companies have publicly faced regulatory scrutiny in the United States. While there were similarities in the issues addressed—such as multi-level compensation systems—each company faced a different journey and a different outcome. Yet, there is a commonality that we are wise to acknowledge and embrace now: Change is here; it’s our challenge and our opportunity to understand it, respond to it and embrace it. So, what do we do? What merits attention … [Read more...]
Time for a Compliance Check Up?
Many companies that have become significant in size may have copied their contract from another company when they first launched, as well as their policies and procedures, and simply given a rewrite to make them fit the terminology of their Company. This is not a good thing to do. "Why?" you ask. Dan Murphy, Co-Founder and Managing Principal of Strategic Choice Partners, recently shared some insights from being an expert witness on four separate occasions that led him to ask an important … [Read more...]