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2008
08
August

Home Business Scams

by David Gates

How many times have you dreamed about starting a home based business so that you could make money while still spending time with your kids? People do sometimes succeed with this type of venture, but many of the claims are simply fraudulent scams. Here are some ways to avoid the pitfalls of work at home schemes.

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.

One of the most common types of scams is the pyramid scheme business. Thankfully, these companies are illegal in many areas. The pyramid scheme encourages their members to recruit others to join the pyramid by paying money to the company. You do not actually make money by selling a product; you make money by recruiting. Since most people are only able to recruit so many others, only the people at the top of the pyramid actually see any real money. Sadly, the majority never make money from this type of business. Avoid the pyramid scheme at all cost!

Stuffing envelopes and home assembly programs are two other scams that have lured many unknowing participants. These two will be discussed together because they have both existed for many years, but you can still find their ads in popular sources like magazines and news publications. Few people actually make money from stuffing envelopes; in fact, I know some who have tried this business. These people paid the requisite fees, followed the directions, and were subsequently told that their work was of poor quality.

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.

If something sounds too good to be true, it probably is. Normally, you have to send in a fee for supplies, assemble the products, and then return the finished products to the company. However, most of the time you will receive no payment because the product was not assembled correctly. When they get to be the only judge over the quality of assembly, you’re completely at their mercy with no recourse.

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.

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Tags: Online Busines

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