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Home › Articles › Career › Overloaded Inbox?

Overloaded Inbox?

How to Avoid Home Business Scams

By Susie Michelle Cortright

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The Overhyped
Be leery if there is a strict time limit for investing in a business opportunity. Scammers know that the faster you act, the less you think (and research). And if this is a fly-by-night company, these time limits provide a better opportunity to take the money and run.

Also, don't get too excited about deep discounts on starting costs. More costs may come later. And keep in mind that, in many states, the government does not regulate business opportunities with investments of less than $500. Some of the worst scams may fall into this category.

Research
Use your knowledge of the Internet to avoid being scammed. Check for listings with the National Fraud Information Center, as well as the Better Business Bureau.

You can also conduct a search for the business opportunities on Google Groups. Here you'll find an archive of newsgroup postings. If someone has been scammed, chances are they'll want to warn others.

If You Decide to Sign
Get everything in writing, including business expenses from fees to equipment to supplies. Will the company refund any of your initial investment if you change your mind? Keep detailed records.

Some online opportunities are lucrative and legitimate, and – armed with a few online resources – it's never been easier to sort the good from the bad.

When it comes to working from home, "When there's a will, there's a way." Now it's up to you to find the way that best suits you and your lifestyle.


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