Are you thinking about starting a business? Buying into a business opportunity with big claims about what you can earn might sound like the answer, but don’t sign up yet. Protect yourself from Business Opportunity Scams.
Learn about your rights and the business seller’s responsibilities under the FTC Business Opportunity Rule. Learn the questions you need to ask to help you avoid getting ripped-off.
Even legitimate business opportunities involve risk. For example, if you’re considering buying a franchise, you’ll want to find out more about how to shop for a franchise opportunity, the obligations of the franchise owner, and questions to ask before you invest.
Starting a Business – Before you sink your money into a business opportunity, do some research and get specific information from the promoter. See Thinking About Buying A Franchise, Bogus Business Opportunities, Starting An Internet Business & Multilevel Marketing.
Work-at-Home Offers – Many work-at-home opportunities are promoted by scam artists and cost you more than you can earn. See Work At Home Businesses, At-Home Medical Billing Bussinesses & Envelope Stuffing Schemes.
Investments – High pressure offers promising high returns are virtually always scams. See Investment and Business Opportunity Seminars.
Go to the FTC for more information.
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