
Don't
Waste Your Money On These Small Business
Opportunities!
Perhaps one of the most common shared aspirations for people working
for others is the idea of one day starting a work from home business of
their own. More small business opportunities or ideas exist today than at any
other point in recent memory. By the same token, there have
never been more scams floating out there which makes it hard to find
the legitimate opportunities.
The Internet, television, radio, and even the newspapers these days are
filled with ad after ad promising to show you how to make thousands
each week while working from home. Most of these ads are promising the
moon but the majority of them fail to deliver. Multi-level marketing
schemes are the most common scams in the work from home genre, but
other common scams to avoid include:
Envelope Stuffing;
Data Entry/Word Processing Ventures;
Billing/Accounts Receivable and other Medical-Related Jobs;
and Making Shirts, Clothes, and Other Products From Home.
Do you enjoy fixing things, sewing, or other craft-like activities?
Then you are in luck because there are literally small business
opportunities out there where you can produce goods out of your very
own home and then sell them for big profits! Naturally the pitch will
vary somewhat to make it sound more genuine, but this is pretty much
the standard line used to promote the home assembly scam. When it is
all said and done, this scam just wants the investor to purchase
over-priced equipment and materials. Anyone who actually buys the
equipment and builds the products will find it all but impossible to
sell them to the company. They wanted to sell you their
overpriced equipment, not buy your over-priced products.
Hundreds, if not thousands, of websites and ads all want to teach you
how make a living by stuffing envelopes. Most are stunned when they
realize the catch in this classic small business scam. In a few days,
you will most likely get a letter in the mail telling you to turn
around and place the same "envelope stuffing" ad in newspapers, online
classifieds, and other marketing venues. So unless you are willing to
con other people out of their money by investing even more cash in
advertising, there is no way to recoup your investment.
Con artists have also created a lot of scams to try and capitalize on
the fact that so many people now have a computer and Internet
connection. The two most common computer-related work from home schemes
involve either data entry or word processing. Of course a small fee is
required, but you will supposedly earn that back in no time. With
precious few exceptions, the information turns out to be generalized
and too vague to be of any practical use to the buyer. In spite of
there being legitimate computer-based small business opportunties, the
vast majority of ads send you in a big circle of empty promises and
false hopes.
The legitimate health care worker shortage is being exploited by con
artists as they create fake business opportunities supposedly designed
to fill this void and make big money for people like you. These scams
claim to show investors how to create a work from home medical billing
service, which in theory would fill a legitimate market need while
providing a high-paying opportunity. But the price for these programs
can be in the thousands and require financing! And while the investment
should be wise and ultimately net the investor a profitable work from
home medical billing business, this is rarely the case for the majority
of people. The FTC (Federal Trade Commission) already warns consumers
about these home billing opportunities, telling them they almost never
find paying clients or recoup their initial investment. Despite true
opportunities and some success stories, the odds of making any money
are so small, these medical billing programs amount to little more than
scams.
Essentially involving quasi-legitimate opportunities to sell products
or services for a particular company, the classic pyramid scheme is the
most common scam out there. They are appealing because they promise to
make you a distributor so that you earn commissions from your sales
plus the sales of anyone you recruit for the company. These scams are
all presented as opportunities for the investor to both set their own
schedule and determine their own level of success. While pyramid and
MLM schems all appear like a great opportunity for the investor to get
in on the ground floor of an expanding operation, even the products
themselves are worthless. The people who created the scam are the only
ones really making any money while others starve on meager commissions.
Make no mistake, these are not the only scams you need to avoid in the
home based business genre. There seems no end to the number of
variations and new scams that appear daily on the market. While there
has never really been a greater time to start your own business, there
has also never been so many scams to watch out for, either! The trick
is avoiding the scams while identifying the good ones!
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