Wednesday, October 29, 2008

How to Avoid online Business Scams

How will you know if you are about to be scammed?
  How do you know which home business opportunities are going to just take your money and run? Remember one thing, do not invest in a home business or "Get Rich Quick" opportunity before investigating everything you can about that organization. Home business scams every year rob unsuspecting victims of millions of dollars. Victims targeted include stay-at-home moms (and dads), the unemployed, students, the elderly, disabled people and people with low income.

   "Make Money at Home" or "Work at Home" fraud has increased each year for the last three years. If you do get scammed, although your investment may be gone, you may find some peace in letting others know about it. Talk to the right people, and the offending business may just end up being criminally charged and fined and others may be saved from your fate.

How do you know which home business opportunity is a scam and which is not?
   The answer is simply to be careful. Be smart. If you avoid the kinds of offers discussed above and take necessary steps then you will be able to avoid scams. Work from home business opportunities, especially in the online world, are unfortunately one of the top scams today because people are so desperate for an extra paycheck each month. Make careful investigations when searching for a good online business to start.

Don't be fooled by

  • Testimonials
  • Guarantees
  • Documented "proof"
  • Huge income potentials
  The best way to avoid Internet business opportunity and other home-based business scams, is to strike out on your own. If you don't know how, the U.S. Small Business Administration provides sound facts and legit resources for starting up a business from scratch. Additionally, the Business Resource and Entrepreneur Centers here at offer loads of advice for starting a legit business, including a home-based business.

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