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Business Business Opportunities Fraudulent Home Based Business Scams
Business Business Opportunities Fraudulent Home Based Business Scams
| Fraudulent Home Based Business Scams |
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| Written by David Gates |
| Saturday, 02 August 2008 10:26 |
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Are you considering starting a home-based business so you can earn an income while staying home with your children? There are many wonderful opportunities and success stories associated with home-based businesses, but there are also many scams and fraudulent schemes out there, as well. Here is a short checklist of what you might want to think about before starting a home-based business. If a business opportunity sounds too good to be true, it more than likely is. These scams have caused even highly intelligent people to lose money and time. If a website promises that their method requires little work and great money quickly, it is most likely a scam. Also remember to avoid pyramid type schemes at all costs. Many states have banned these businesses. In the simplest terms, a pyramid scheme is a business based on recruiting other individuals to join the pyramid for a fee. This recruitment is how you get paid, not by actually selling products. You can only recruit a certain number of people, so only a small number of people really make money from the scheme. Most will never see any money from their investment. Stay far away from this type of company. Other popular home-based business scams are the stuffing envelopes or home assembly programs. Both of these schemes have been around for many years, yet they still rear their ugly head in legitimate sources like newspapers and magazines. Although some people may have actually been paid for stuffing envelopes, I have known people who tried to earn some money in this manner. They paid the required fee and followed the directions given, only to be told their work was not up to the companys standards. Stuffing envelopes and home assembly programs are usually not a good idea. I am lumping these two together, because they have both been around so long, and they still show up in legitimate sources, such as magazines and newspapers. While there may be some people who have actually been paid for stuffing envelopes, I have had some friends who have tried making money this way. After paying the $25 to $45 fee, and following the directions, all have been told that they didn't meet the \"standards\" of the company. Outlandish claims on a Home Based Business site claiming you will make thousands of dollars in a short time period working from home are sure signs of a scam. Can this be reality? Unfortunately, it just isnt possible. It is possible to make money with a home based business due to a large internet audience, but you must heavily research these possibilities before jumping headfirst into a scam. Many businesses, like Internet Marketing, are genuine and valid. I have had some success with such businesses. Regrettably, the majority of these internet sites are specifically designed to take your money. These companies hire capable, talented copy-writers to produce convincing advertisements. These individuals know exactly what words and pictures to use to persuade you that their company will make you thousands of dollars Look for the proof that they can back up their claims. You read an extremely vague ad. You haven't a clue what the business is about, but boy, could you be making the bucks! Read through the lines and the fine print you will probably find that it's another home business scam. Do your research. There are great opportunities out there, but they are easily lost in the swarm of sites that are intended merely to scam you. About the Author: To see where I found legitimate, profitable work at home businesses, check out Scott Edward's refreshingly honest home business reviews site. Kindly provided by LJ-Marketing.dk You are welcome to use this article on your own website, if you include the link just before this text. |
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