January 27, 2010, Arbonne skin care products, a direct selling company with manufacturers agents around the world began implementing a “pre-packaged” debt-reduction plan (one step short of belly up) that will strengthen Arbonne financially as they try to continue in business. If you are an agent with that company your dreams might just be decimated into tiny pieces and my thoughts are with you. I saw this firsthand and heard all the leaders say do no worry "the company is well-positioned for the future" and this was with a personal care company about 15 years ago For many people it was the end of the world and for others it was a new beginning Try to stick with Arbonne as they work this plan out and also just keep your eyes open for a company that is in the same industry This time find one without outstanding debt obligations. Look for track record as the key is all about finding a company that will pay you for ten, twenty, thirty years after you retire and may even keep those you leave behind when you pop your clogs. You might be looking at this kind of direct selling for the first time and do not let this put you off. Even if you just signed a distributor application with Arbonne just keep your head down, make a contact list, sell products and build your business. Be sure to be at every Arbonne meeting and collect every card for every distributor you might meet. The idea of doing your best, going to evry Arbonne meeting will be that if Arbonne does close down 80 percent of distributors will get involved in another MLM business Just think your cross-line, down-line and even your up-line might become your down-line in the next business that you selected JUST IN CASE! With a little luck and your sale Arbonne will go through the storm and return fitter and smarter I wish all those in Arbonne the best of luck and will support in any style appropriate for a competitor IGNORE THE NEGATIVE PEOPLE Once Arbonnel lower the amount of cash they spend on principal and interest payments, with the support of our lenders they could be OK Arbonne is probably just being brought down by the parent company, Natural Products Group, and Levlad, an affiliated manufacturing company,who have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Just like Kleenezee managed I fully expect Arbonne and Levlad will maintain normal business operations throughout the restructuring process, with no disruptions to relationships with the Independent Consultants, employees, or suppliers. Be confident that compensation, from commissions and overrides, is secure. This difficult economic cycle caught many by surprise and the banks tried to withdraw exposure by removing loans Using legal process is an effective way of achieving a fast and efficient debt restructuring with minimal disruption to the business. As I went through this in another business please reamin calm and if I can help to coach you (at no cost to you or profit to me) through this period then please let me know? SEE YOU AT THE TOP! Additional information about the Arbonne restructuring is available at the following links: | ||||||||||||||||
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