Looking for a job or to earn extra income? Ever thought about starting your own business? Buying into a business opportunity that makes big claims about what you can earn might sound like the answer. But don’t sign up just yet.
Learn about your rights and the seller’s responsibilities under the FTC’s Business Opportunity Rule, and questions to ask that can help you avoid a rip-off.
Before you sink money into a business opportunity, it’s a good idea do some research and get specific information from the promoter.
Want to buy a business? Here’s how the Business Opportunity Rule can help you evaluate the opportunity — and the seller.
Thinking about an internet startup? The promise of big bucks and terrific working conditions can be tempting, but consider these factors before you hand over any money.
Some multilevel marketing plans are pyramid schemes, which are illegal and risky.
Many work-at-home opportunities are promoted by scam artists. These can cost you more than you can earn.
Many work-at-home opportunities are promoted by scam artists. If you pay in, it’s likely that you will spend more than you can earn.
Many medical billing business opportunities are worthless. Their promoters lie about their earnings potential and fail to provide key information.
Offers that promise quick and easy income from stuffing envelopes at home virtually never pay off.
If you risk a lot of money, you can lose a lot of money. High pressure offers promising high returns are virtually always scams.
The “opportunities” pitched at seminars usually don't live up to the hype. Take your time, ask questions, and listen carefully to the answers before you consider an investment.
Paying for the promise of a job is a nonstarter.
Interested in mystery shopping? Here’s how to distinguish real opportunities from bogus offers.
The Federal Trade Commission (FTC) is the nation’s consumer protection agency. The FTC works to prevent fraudulent, deceptive and unfair business practices in the marketplace.
