Have you read your Policy and Procedures Document?

Have you read your Policy and Procedures Document?

Well if you have not then you BETTER! The Policy and Procedure document is you Legal contract with your company. When you join a company it is not constitutional law. It is Contract Law. Your contract is the law between you and your company!

I was helping a gentleman a week ago and asked him if he read his P & P? He said he read the distributor agreement but wasn't sure what the P & P was. Well I read his Distributor agreement and before you sign in bold letters it says that you have been supplied with a copy of the P & P and by signing agree with them 100%. When I told him that he said Oh I don't think I have seen them. Well he called me back and had found them. After we read them I re-read the section on Renewal to him. I am paraphrasing but it said The company can decide not to renew a distributor for any reason. Now where I come from that is a huge red flag. ANY REASON.
My friend said he would do some checking and called me a few days later and said he spoke with The Company's Lawyer and it was explained to him. Now I am not a rocket scientist but do you think the company lawyer has any reason to _ _ _ ?(you fill in the three letter word that starts with L and rhymes with why) I just said if you work 5 or 6 years and build a big business and decide to retire and just live of the residual income, what happens if the decide not to renew your distributorship?

Another friend asked me for help and when we read his P & P, we found that if he ceases to actively sponsor distributors in a given month he will not qualify for a check and if he misses sponsoring in three or four months ( don't have the doc. in my possession) in a row he may be terminated. And the company is so bold as to say that they will decide each incident on a case by case basis. And although similar, some cases may be decided differently at the discretion of the company. I don't have the exact legal language in front of me , but you get the idea. How do you retire from this company?

I know that there are more companies out there that have some hidden loopholes in their P & P. And there are some companies out there that are great companies to be in. The reason I wrote this article is to remind you that if you haven't read you Policy and Procedure Manual then there is no time like the present. Don't build a business and find out that they have changed the deal. These words and documents are Not boilerplate. Don't be fooled.

If you would like help figuring out what is in your companies P & P I am available. Just send me an e-mail or call me on the phone. This book will also help you understand your company P & P.

Good Luck and God Bless You!

Timothy C Burns
847-912-2354 anytime
TimothyCBurns@gmail.com