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.
Twins bring closer Jhoan Duran back from injured list with strained oblique muscle
The world's most vilified man speaks for the first time: An online female hate
Exhibition on Caravaggio works receives 80,000 visitors in Shanghai
Renowned Berliner Philharmoniker to perform at Shanghai's art festival
Heat rule rookie forward Jaime Jaquez Jr. out of Game 5 vs. Celtics with hip injury
China issues stamps featuring UNESCO site Pingyao ancient city
Scheffler turns the Masters into another Sunday yawner with a dominating win
Chase Elliott drives backward after Texas win that could get him going in the right direction again
Nigerians struggle with fuel shortages as queues form across major cities
New Godzilla x Kong film continues to lead China box office