LaunchReady Assessment

We have written our comprehensive strategic plan and we it to guide our goals, objectives, tasks, and accountability.

We have an external executive advisory board with extensive experience in the unique and challenging aspects of direct selling, and we regularly review our status, progress, management concerns, KPIs, and opportunities with our executive advisors.

We have planned and scheduled our launch dates, including pre-launch, soft launch and "official launch" with a kick-off event.

We have conducted pilots, focus groups and/or test parties in order to refine our sales presentation, check assumptions against actual, discover early opportunities, and add to the initial sales force.

We have a written forecast in which we are confident that the key growth, operational, and financial assumptions and cash flow present a solid plan that has been reviewed by experienced "outside eyes."

We have created our plan for recruiting and developing our first 500 distributors/consultants.

We have designed an effective Starter Kit that supports the fast-start objectives as it contributes to the welcome experience for the new distributor / consultant.

We have developed sales tools presentation videos, tutorials, brochures, DVD presentations, business cards, samples, mobile applications, email templates, web resources, logo merchandise, and specialized tools that best support our model.

We have created an effective Fast Start System that consists of goals, rewards, tools, training, and touchpoints to provide a clear path for immediate action, early rewards, and building belief and confidence.

We have created our selling system as a simple system that can be replicated for use by all distributors / consultants. It is designed to follow the success cycle that we have created for our company's unique offerings.

We have created a promotion plan that aligns with the Founder's Program and Fast Start System to support recruiting and early growth.

We have a retention plan which includes reporting, team training, compensation elements, a hearty welcome, achievable rewards, training, and communication.

We have a documented communication plan to foster an environment of continuous, high-impact communications, integrated with the calendar, distributor / consultant back office, social media, and various channels (such as conference calls, emails, and text).

We have created our system for awards, incentives and recognition.

We have a compensation plan that has been designed according to industry best practices and sound principles. We have thoroughly analyzed it for risks, cost, growth, and stability.

We have a documented plan and system with requirements and incentives for our founding leaders.

Our system for processing commissions has been tested, documented, and tracked with administrative notes. We track exceptions and bugs for accurate and timely resolution.

We have determined that we will be primarily a retail company (reps find customers and sell at retail) or primarily consumption based (reps recruit personal customers who buy directly from the company), and that we will provide appropriate incentives to recruit sellers.

We have written programming requirements to ensure the accurate and timely programming and testing of our compensation plan.

Our compensation plan is in compliance with all laws and regulations, and we know this because it has been reviewed and approved by specialized attorneys.

We have a brand strategy, simple brand idea, branding signals that align with our strategic plan, and a style guide for design and continuity.

We have a product plan (including services) that is stable because of its mix of true uniqueness, exclusivity, and/or its ability to stay in the lead of product innovation and refinements.

We have a clear understanding and analysis of our product margins, the features and benefits that hold up under pricing scrutiny, and a keen understanding of the consumer's value perception and how to sustain that perception.

We have established an effective web presence, our social media strategy, and the narrative that will place us in the forefront. We are easy to find, appealing to those who seek us, and we flawlessly execute on requests for information that come to us through the Internet.

We have implemented an effective apparel and print merchandising system that helps to build belief as it strengthens the company's brand strategy.

We have crafted our messaging and the three stories for all to be able to quickly and effectively understand who we are and how they can comfortably share their discovery of the company: the Company Story, the Product Story, and the Income Story.

We have an online back office that contains all of our support materials and has analytics to tell distributors / consultants every useful thing about their business, ranging from news and company information to volumes and computations of commissions.

We have a solid understanding of the personal characteristics of the consumers and distributors / consultants who will purchase our products and participate in building a business organization.

We have a growing network and strong culture of genuine sharing through our contact list (Facebook, email list, Outlook, etc.) and we are expanding the social network as part of our prospecting foundation.

We have a training and skill development system that emphasizes best practices through an effective mix of live and web-based training. Our training system is flexible in order to support the need for constant and timely training solutions.

We have in place reliable systems and content (live and/or web-based) for training distributors / consultants and staff in product claims, income claims, and key policies.

We seek to understand the skills, personalities, and values of all our people (internal as well as external), and we effectively use profiling tools and technology to support this practice.

We have a web training center through which we can deliver training on products, services, compensation plan, business skills, business-building activities, motivation, compliance, and leadership.

Our training system is in place for helping each new distributor / consultant to engage in our fast-start success program.

We have a quality video / DVD presentation of the company, its products, and the financial opportunity. It has been created as a tool for sharing the business story as well as a model for training distributors / consultants to follow.

We have in place the vital, scalable systems to achieve predictable results with duplicatable actions, documented for training and accountability in processing enrollments, orders, payments, fulfillment, returns, commissions, and support.

We have sufficient physical facilities to support our central operation, and a general plan for expansion.

We have a quality video / DVD presentation of the company, its products, and the financial opportunity. It has been created as a tool for sharing the business story as well as a model for training distributors / consultants to follow.

We have set up the essential reports and metrics to support company, departmental, and personal performance, feedback, and review.

We have a basic operations manual that documents standards and approved operating procedures to support training, provide continuity in results, and to enhance ongoing improvement.

We have done a careful and complete integration and implementation of the warehousing and fulfillment system. (Select "Yes" if you do not have products that are shipped.)

We have set up our meeting structure for executives, managers, and teams to efficiently and effectively report and communicate, and we follow best practices for conducting effective meetings.

We have a comprehensive staffing plan to ensure that we select and develop the people who are right for our culture. We have determined how many employees to hire, when to hire them, and what their various roles and assignments will be at launch.

We have a human resources administration system in place, including employment application, hiring packet, employee handbook, and relevant policies, benefits, and tracking systems to ensure timely performance review, recognition, and advancement opportunities.

Our employee orientation system is in place, and it is designed to help integrate new employees into our culture as quickly and effectively as possible. Roles, responsibilities, skills, and knowledge are clearly defined and trained.

We have set up our meeting structure for executives, managers, and teams to efficiently and effectively report and communicate, and we follow best practices for conducting effective meetings.

We have defined essential roles and competencies, and have filled each role even with limited number of staff members that fulfill multiple roles. Roles are outlined in a functional organization chart, and duties are specified for each role.

We have completed a thorough analysis of our business processes and system requirements, and the results are documented for guiding us through implementation and beyond.

Our network and hardware needs have been carefully evaluated and effectively implemented, and we are supported with adequate expertise in the hour-to-hour, day-to-day technology demands.

We have (or are following) a comprehensive software and technology implementation plan with weekly accountability to assure progress and ongoing improvement in our technology environment.

We have a fully functioning enterprise system that supports a broad array of requirements in ordering, enrolling, recognition, reporting, genealogies, returns, payments, commissions, distributor tools, desktop applications, Internet standards and access.

We have obtained proper legal review of our compensation plan, labels (as appropriate), literature and publications. We have a documented report or recommendation from a licensed legal professional on which we can rely.

We have a distributor / consultant agreement (online and/or paper) containing the most recent terms and provisions for complying with state and federal laws and regulations, produced or reviewed and approved by a licensed legal professional.

We have proper protections in place for trademarks, service marks, formulas and trade secrets, web domains, and other intellectual property that should be carefully protected. This includes filings and documented practices.

Our compliance system is set up to include online training and certification of new distributors / consultants, compliance research system, compliance administration system, and staff training for handling policy questions.

We have registered with the states that require multilevel distribution companies to register, disclose and appoint agents.

We have selected and set up a business entity structure that will effectively minimize tax and legal liabilities.

We have an approved set of distributor / consultant policies & procedures. We have a reliable library of essential forms and documents that we will use in the course of daily administration of systems and policies.

Our accounting software has been set up with chart of accounts and segment codes designed to track the unique activity of our direct selling company.

We have an approved set of distributor / consultant policies & procedures. We have a reliable library of essential forms and documents that we will use in the course of daily administration of systems and policies.

The basic business controls are set up to form the information link between business activities, accounting, and commissions. These include procedural standards, source documents, money handling systems, documented systems, and approval processes.

The tax requirements and systems have been carefully evaluated and implemented for sales tax, income tax, independent representative taxes, employment taxes, property taxes, product duties and taxes, and corporate taxes.

We have in place the technology for accumulating, reporting and paying commissions to distributors / consultants, integrated with the commission processes of our enterprise software and accounting software.

We have banking, treasury, and merchant/ commission payout relationships in place to efficiently collect payments, pay commissions, and report payroll activity to tax authorities. We have the essential risk-protection strategies in place.

We have acquired a Tax ID number, we have our website in place (e-commerce capable), we have opened a business checking account and have a merchant account for processing payments.