How can I plan for my succession in the Amway business?
For Succession Planning, there are few ways of operating the Independant Business to ensure the inheritable proportions are handed down to your family/heirs accordingly. This can be done by:
(a) registering the IB as a legal entity; or
(b) to have the inclusion of a successor included on your IB, to a maximum or 2 IBOs listed on the IB; or
(c) For IBOs Platinum and above, the inclusion of additional IBOs for the purpose of succession planning as per the Rules of Conduct.
(d) integration of Independent Businesses of the Parent and Child where they are sponsor and frontline.
For further details of these options please contact Amway.