Basic Concept of Business
Amway is a well known company that you have probably heard about. They sell home products, cosmetics and nutritional products. This is a long running, established company with a proven track record. Amway claims that their business plan is low-risk and flexible to meet the needs of people in different life situations. Amway offers the chance to work the hours you want while being a part of a large and proven company.
Company Facts
“Amway” is short for “American Way”. It is a multibillion dollar international business that has been in existence for 45 years. They have over three million Independent Business Owners in over 80 countries and territories. Business owners sell products and also encourage others to build a business with Amway. Their products are popular and well known. Some of Amway’s proceeds go to international aid projects that focus on children.
Customer Base
Amway offers a variety of products and as a result an Amway business could potentially have a large customer base. Families might be interested in the cleaning products, women might be interested in the cosmetics and everyone can benefit from the vitamins and other supplements that Amway offers. One slight disadvantage is the fact that Amway is so popular and as a result a lot of people have already heard about it. You may have to work extra hard to build a customer base because of this. However, you also have the advantage that the company is so known that people may feel more confident in using their products. Also important would be to check how many other Amway business owners are in your area in order to make sure that there is not too much competition.
Where To Learn More
To learn more about Amway or to sign up to be an Independent Business Owner, go to www.amway.com for more details.