NEW YORK (AP) — It’s never fun to be scammed, but if you’re a small business owner then falling for a scam can have long-lasting effects on a business, damaging client relationships and profit.
Plenty of types of scams exist, but a few affect small businesses the most.
According to the Federal Trade Commission, small businesses should be on the lookout for phony invoices and unordered merchandise. Scammers send out fake invoices and hope businesses won’t notice. Similarly, scammers call saying they want to confirm an order or verify an address, and send unordered merchandise they then demand money for. Small business owners are under no obligation to pay.
Another thing to watch: if you’re starting a small business, seeking out business coaching can be a helpful endeavor. But people offering those services aren’t always legitimate. They charge for services they don’t actually provide and ramp up fees. For legitimate business coaching contact your local Small Business Administration regional office.
Related articles:
Related suggestion:
Xi Focus: Xi Says Confidence 'More Valuable Than Gold' in March Toward RejuvenationChina's beverage industry records solid growth in 2021Electric tricycles now welcomed in overseas marketHainan eyes bigger role in nation's openingLuxury shopping over extended holiday heating upChina prepares to launch space station core moduleChina now S. Korea's top eHainan eyes bigger role in nation's openingMore than 641 million parcels delivered over Spring Festival holidayChina’s rover makes first step on Mars
2.5009s , 6501.125 kb
Copyright © 2024 Powered by Fraudsters target small businesses with scams. Here are some to watch out for ,Culture Channel news portal