F.A.Q.'s : Making Money
How much time do I have to devote to my business?
The best thing about this business is that you are your own boss. You are the one in control of how and when you plan on working this business. Most people start this business part-time working just a few hours a week, then move onto full time for extraordinary income potential.
Is there a minimum amount of business that I have to write in order to remain as an active broker?
No there is no minimum amount of business that must be obtained monthly to remain as an active broker.
Do I need any special licenses or certifications to start my business?
No. You will not need any special licenses to start this business.
What will I need in order to start my business?
You really do not NEED anything to start your business. You can start with word of mouth to your friends and relatives. But most people order free business cards (through Team 2000) to have a more professional look when speaking with prospects.
Are there any tax deductions that I may deduct from my business?
Having your own business provides many tax advantagaes that working for an employer does not offer. You can write off such things as a portion of your home, your vehicle, cell phone, Internet access, supplies, etc. These write-off's as well as the monthly broker fee itself is worth the investment of launching this business for yourself. Please consult your tax advisor about the write-off's deductible from your income.
What is residual income?
Residual income is income that is paid to you no matter if you work or not. This is an income that will be paid to you on previous members or brokers that you have signed up to the plan as long as they continue to keep their membership current. Currently this is at a high rate of about 90%. So you may start the business in the first year making a good living, and if you continue to write the same amount of business in the second year you can literally DOUBLE your income.
Can I really make a six-figure income?
As was mentioned that this is residual income the answer can be YES! According to Ameriplan® if you give them 2-4 years and really work the business, you can make a six figure income like other AmeriPlan® business owners have. That is why Ameriplan® is "Delivering on the Promise."®
