How To Avoid Work-at-Home Scams and What To Do When You're A Victim
?>
Download eBooks and Software
 Fully Verified Winning System Since 1999 & Vip Club Picks!
Winning Sports Picks & Predictions By Zcodesystem.com - Nhl, Nfl, Mlb And Nba Predictions And Picks From The Best Experts In The Industry + Fully Automated System Proven Since 1999 Awesome Conversion 5.26% And Recurring 60% Commission!
The Lotto Black Book
This Radical Approach To An Online Sales Letter Converts In The 3-5%... We've Never Seen Something Like This Since The Early Days Of 2004-2005 And I'm Sure You Haven't Either... We Convert More Than Our Competition And We Pay Out More... Try It!
Paleo Recipe Book - Brand New Paleo Cookbook
Brand New Paleo Diet Cookbook With Over 370 Recipes. Pays 70% Commission On This High-quality, Easy To Sell Product. Get Banners And Promotional Material At Http://paleorecipebook.com/affiliates.html
Articles > Business and FinanceHow To Avoid Work-at-Home Scams and What To Do When You're A Victim
by: Vishal P. Rao
As more and more people opt-out of conventional jobs and instead choose to work from their homes, the number of work-at-home scams has also increased. Each year thousands of people find out the hard way that opportunities which are too good to be true usually are but not before they invest and waste millions of dollars a year.
You don't have to be one of those unfortunate people. All you need to do is to become more informed, ask the appropriate questions, and know what to do if you are the victim of illegitimate opportunity.
Become More Informed
One of the first things you should become aware of are the types of business opportunities which are most frequently scams.
One of the oldest of these scams are stuffing envelopes and/or assembling items in your home. You'll find these opportunities in lots of sources, even some that are legitimate. However, what most of these ads fail to say is that you have to pay them a fee to begin. Then after you complete your job, your work is often rejected as substandard and, of course, you never see a penny. The other thing that happens is that you have to send in money only to receive instructions on how to place an ad just like the one that you've just placed in order to bring individuals just like yourself.
Another common work-at-home scams are Pyramid schemes. Pyramid schemes are often passed off as MLM (multi-level marketing) opportunities, but there is a key difference. Pyramid schemes are more concerned with having you bring in more people and less concerned with selling products. The reason is that they aren't making their money off of selling anything to actual customers but from taking money from hopeful entrepreneurs like you. Most of these schemes ask you to make an investment or a purchase in order to become a full-fledged participant and/or to receive all of your potential profits. Generally, you never see any of the earnings promised in their advertisements.
If an opportunity you've found seems to fall into one of these categories, you should start asking questions before signing up for anything.
Ask the Appropriate Questions
Even though these work-at-home opportunities often state that you have to act now or join by a certain time to secure your spot, you must take the time to ask questions. Then, don't join unless your questions are answered to your satisfaction.
Here are some of those questions:
- Ask exactly what type of work you will be expected to perform.
- Ask how you will be paid. If you are going to be paid by commission, be sure to ask exactly what your percentage will be.
- Ask exactly how much money you need to spend, including fees, supplies, inventory, etc.
- Ask how long the company has been in business since non-legitimate companies frequently change their name to go out of business.
- Ask to get copies of the company's sales materials and product descriptions, so you can determine how product-focused the company is.
Know What to Do If You Are a Victim
If you are the victim of one of these scams, then you need to know what to do next.
Your first course of action should be to notify the company. Talk to someone as high up in the business as possible and be sure to make them aware that your plan to contact the appropriate authorities.
If you don't receive any satisfaction from the company, your next step is to report the company to the authorities. You should file a complaint with at least one, if not all, of the organizations below:
- The Federal Trade Commission – You can file a report through their web site at www.ftc.gov
- The Better Business Bureau – You can contact them through their web site at www.bbb.org.
- The Attorney General of Your State – You can find out how to contact the attorney general in your area by doing a search for “Your State attorney general” at Google.com. The right page should be the first or second that appears in the search results.
The bottom line is if a business opportunity seems to good to be true, then it's worth checking out. Any business that tries to pressure you into making a hasty decision isn't a business you should be working with.
© 2004 Vishal P. Rao
About The Author
Vishal P. Rao is the editor of Home Based Business Opportunities - A web site dedicated to opportunities, ideas and resources to help you start and run a home based business. Visit his site at: http://www.home-based-business-opportunities.com
|
?>
News on Business and Finance
Triumph Expands Commercial Finance Platform With Addition of Industry Veterans Karas and Copple
DALLAS -- via PRWEB - Triumph Commercial Finance, a wholly owned subsidiary of Triumph Savings Bank, SSB, today announced the naming of two senior executives to lead its asset based lending and equipment ... The Business Finance Store Discusses the Effects of Business Credit on Personal Credit
The Business Finance Store discusses some of the potential repercussions of business credit on a business owner’s personal credit.Santa Ana, CA (PRWEB) May 22, 2012 A recent study by Pepperdine University and Dun & Bradstreet Credibility Corp. showed that most small businesses tend to get funding through traditional channels, the Washington Post reported. Seventy-one percent of small business ... Business Day Live: Love and Finance
Mark Zuckerberg and marriage. | Matt Cohler, one of Facebook's early employees, on entrepreneurship. | A collision at the intersection of Wall Street and Silicon Valley. Newsbyte: SAP Helps Finance Leaders Run Best-in-Class Close and Reporting Processes
WALLDORF, Germany, May 22, 2012 /PRNewswire/ --Â SAP AG (NYSE: SAP) today announced new innovations to its line-of-business finance offerings that aim to improve processes used to conduct the financial ... The Business Finance Store Discusses Business Incubators
The Business Finance Store discusses business incubators and how entrepreneurs can find the right one to develop their ideas into a successful business.Santa Ana, CA (PRWEB) May 20, 2012 Pinterest, the online virtual pin board, raised $100 million in a round of financing this week, The Wall Street Journal reported. The venture-capital funded tech startup is reportedly valued at $1.5 billion ...
|
