Fraudsters target small businesses with scams. Here are some to watch out for
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
Trainer Chad Brown seeks first Kentucky Derby victory after coming close. Having 2 entrants helps
LOUISVILLE, Ky. (AP) — There was a brief moment three weeks ago when trainer Chad Brown’s Kentucky D2024-05-01Africa seeks to make climate needs known on global stage
People wade through a flooded street following heavy rain in Mombasa, Kenya, on Nov 17. The Horn of2024-05-01Cherry blossom in Yuyuantan Park, with the Central Television Tower as background
Beijing, April 1 (Youth.cn)- Cherry blossoms bloom in Yuyuantan Park, with the Central Television To2024-05-01Children visited Xiamen Science and Technology Museum during winter vacation
Beijing, February2 (Youth.cn) -On February 1st, 2024, in Xiamen, children weretaking advantage of th2024-05-01- TALLINN, Estonia (AP) — Authorities in Kazakhstan arrested a former interior minister on Tuesday, in2024-05-01
Xi Jinping's Economic Thought Steers China Toward Modernity
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-01
atest comment