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Business Opportunity Scams

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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. 

Even legitimate business opportunities involve risk. For example, if you’re considering buying a franchise, you’ll want to find out more about how to shop for a franchise opportunity, the obligations of a franchise owner, and questions to ask before you invest.

Starting a Business

Before you sink money into a business opportunity, it’s a good idea do some research and get specific information from the promoter.

Work-at-Home Offers

Many work-at-home opportunities are promoted by scam artists. These can cost you more than you can earn.

Investments

If you risk a lot of money, you can lose a lot of money. High pressure offers promising high returns are virtually always scams.

Job Scams

Paying for the promise of a job is a nonstarter.