Top Direct Selling Companies and How They Work
In a chit fund company, a group of people contributes funds periodically for the duration. This collected amount is allotted to a person who is selected through a lucky draw in an auction to run a company. How does a chit fund company work? Chit fund begins at a decided date. The number of months is decided according to the number of investors. The members contribute their monthly installments for the fund. Then, an open auction is conducted. This type of auction is also known as reverse auction because the person who bids the least gets the money. This fund is used for business, investments, and emergencies. In India, there are a lot of chit-fund companies that are extremely safe and help during crises. Smart Value Limited , is one of them. They go the extra mile to provide various products at affordable prices. It is a direct selling company of India which provides access to a variety of good quality products. Characteristics of a Reputed Company A ...