Arbonne International, LLC an MLM business that provides high end skin care products located in Irvine California made its way to the top news recently in Network Marketing. Due to Natural Products Group, llc the holding company for Arbonne filed chapter 11 bankruptcy in the effort to remove the companies current debt.
The current rumors are claiming Arbonne will be shut down, this isn’t true since this is a chapter 11 filing to restructure the company. Natural Products Group, llc announced that the chapter 11 bankruptcy filing was successful with the plan accepted on Jan 27, 2010. Arbonne declaired that more than eighty percent of the company debt will be reduced and turned to equity during the Arbonne Reorganization. Basically the lenders are swapping the debt owed to gain shares of ownership in the company.
What does this Arbonne Restructuring mean for you the Independent Consultants?
Well, looks like business as usual which is a good thing right after a huge scare as bankruptcy on your business. But in no way will this Arbonne Bankruptcy be out of the news anytime soon. The MLM industry is always being judged whether its really legit or a safe business, due to many fraudulent companies throughout the years.
Arbonne Consultants and anyone looking to join the Arbonne Opportunity keep in mind how the bankruptcy filing is viewed by others. Now this in no way means you shouldn’t stay involved or get involved in the Arbonne opportunity. But remember the name is now tarnished and you now need to clean things up and explain what has taken place to people who may not be educated in bankruptcy. There will be hurdles for Arbonne consultants like sponsoring people into the business, but stay positive because its a number’s game
If you want to be successful in Arbonne you will need to understand how to market yourself before presenting the company. This is for anyone in Arbonne or potentially signing up, you have to know how to market your company in a way that takes away the resistance a prospect could have. And you’ll find that you get fewer objections when talking to these prospects if you have an effective marketing system that brands yourself as an expert and set yourself above the crowd so that your prospects get to know “YOU” and then the company once the trust has been created.
That being said, you can still earn a lot of money with Arbonne if you know how to market. If you want to learn how you can do this online, I have some step by step advice for you that you can get by clicking Arbonne Bankruptcy.
Tags: Arbonne, Arbonne Bankruptcy, Arbonne Reorganization, Arbonne Restructuring, Independent Consultant