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
Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
Travis Kelce was spotted taking a whiskey shot from a slice of bread in true southern fashion as he2024-05-21The ship that brought down a Baltimore bridge to be removed from collapse site in the coming weeks
BALTIMORE (AP) — At the site of the Francis Scott Key Bridge collapse, crews plan to refloat and rem2024-05-21Arkansas' elimination of 'X' for sex on driver's licenses spurs lawsuit
LITTLE ROCK, Ark. (AP) — Several transgender, intersex and nonbinary Arkansas residents sued the sta2024-05-21EPHRAIM HARDCASTLE: French magazine uses AI photographs to predict the Royal Family's future
French magazine Paris Match elevates the art of doctored Royal photographs to a new level with a por2024-05-21I was 'brokefished' by my friend for £400
I need your help. My friend K has been recently telling our friendship group about how dire his fina2024-05-21US House votes to remove wolves from endangered list in 48 states
The U.S. House voted Tuesday to end federal protection for gray wolves, approving a bill that would2024-05-21
atest comment