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Watch Out For Fraud Alert Flags PDF Print E-mail
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Wednesday, 06 February 2008
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By Thomas and Naomi Coffee

  Watch Out For The Fraud Alert Flags

When considering any online business venture there are certain flags that fly freely, warning you that your money could be wasted and there are a few other flags that may not be as prominently displayed. Of course, as more people begin to recognize the warning signs of fraudulent business practices, the designers of these sites are become more adept of hiding them from view until it is too late.

One of the most noticeable of the warning signs is contact information. Names and email addresses are usually dominant in online advertisements, but if you call the number during normal business hours and the phone is answered by a six-year-old there's a good chance the owner of the business does look at it as a professional operation. How the person answers the phone can be a good clue as to how they operate and whether or not it is a legitimate business.

Now, everyone knows that home-based businesses run the risk of having a child answer the phone, during normal business hours that is typically taboo among true professionals. You may want to have the website in front of you when you do call the person listed on the site, and focus your questions on the business, attempting to determine how prolific they are. After all, they will be the one training you to operate the business.

If there is no phone number or physical address, it is best just to close the ad and move on to the next one. If there is a physical address, you can prove its authenticity through the postal service's online service and quickly determine if it is a legitimate business address or something someone made up just to make people think they have an address. You may then through the online phone book, attempt to find the phone number for the address and if it is not listed on purpose, you will want to ask why they do not want to be contacted.

If there are different program levels to choose from, with the higher costing levels paying high commission rates, you have to wonder why you have to pay a monthly fee in order to work for them. Sure, many companies charge a franchise fee, but what do you get for that fee? Training by the person who let their six-year-old answer the phone? Do you get support in advertising the site? Do you have to sign up and pay for another service,to do this?

After reading the entire site, if you do not know what it is you will be doing, chances are it is not a legitimate business. Most real businesses will be up front about their product or service and won't make you buy it in order to become a distributor. You may also want to consider the legalities of requiring someone to stock merchandise in order to earn sales commissions. Do you have to pay a recurring membership fee in order to be eligible to earn an income? The higher membership fee may earn more money, but will there be returned in the form of more sales?

Authors Names: Thomas R. and Naomi J. Coffee

Contact them at:

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Ph: 803-840-6167

Entrepreneurs since we were 12 years old.

They have a combined business experience of 80 years.

http://internet24hourcashflow.blogspot.com/ --Tom and Naomi's Money & Business Secrets to Success Blog

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Last Updated ( Wednesday, 06 February 2008 )
 
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