Monday 13 October 2008

How to Spot a Home Business Scam

How to Spot a Home Business Scam

Millions of people become a victim to home business scams every single year. You do not have to be one of those people.

Of course, there is always some risk involved in starting a home business. Just because you may not make a profit does not mean it is not a legitimate company. However, there are ways to detect that a particular operation is not an honest one.

Characteristics of Scams

Usually home businesses that are frauds will offer unreasonable expectations of an income in a short amount of time. Although this is possible, it is not always likely without a substantial investment.

Another characteristic of a home business came is if there is very little contact information provided. This is often the case for so-called companies offering “jobs” but leaving no information about the supposed employer.

Yet, they offer to send you free information-which they usually do only when you call an automated number and give them your address and other personal information. Even after you receive that, all you receive is more hype dished out to vulnerable people looking for a quick fix to their financial problems.

Common Business Scams

Many people are enticed into opportunities because the so-called companies or individuals offering them use deceptive practices. The following is a description of common business scams:

* Envelope stuffing at home: One of the most common ways for people to become deceived is by way of envelope stuffing scams. These supposed opportunities are usually marketed as “jobs” but you usually are required to pay in advanced for supplies, which you normally are not required to do.

You should not have to pay up front to work somewhere. Usually any expenses required from an employee are taken out of the first paycheck, but not usually in advance.

* International scams: Usually this involves the receipt of an e-mail by a scammer who claims to be from a foreign country. This supposed international citizen claims to have a large sum of money (usually millions of dollars) in his or her possession. In the e-mail sent by scammers who make this claim, they usually request for your assistance in moving that sum of money to your homeland.

They usually say they will be willing to provide you with a percentage of the money if you help them with this process.

The only catch is they usually require a deposit up front from you. If they are so willing to accept your help, why should you be required to give them money? If you receive an e-mail like this that is supposedly from a foreign country, do not respond to it. It is a fraud.

* Home craft jobs: Even if you receive work this way, often the cost of shipping your finished craft products back to the company hardly makes it worth your time. Moreover, they usually make you pay for a new supply to create, which further increases the expense to you. Legitimate home craft assembly jobs are very hard to come by if they even exist at all.

Although there is no guarantee that you will be able to avoid being scammed, being suspicious of companies you have never heard of is advised. Only work with companies that you know are responsible and who have a positive report with the community.

----------------------------------------------------
You find reviews of home business opportunities at SFI Review,the Success University Review,Legit Online Jobs Review,Empowerism Review and Plug In Profit Site Review
-----------------------------------------------------
Please Stumble,Propel or Technorati me by clicking this button:

Bookmark and Share



No comments: