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.
Xander Schauffele gets validation and records with one memorable putt at PGA Championship
Mississippi governor signs law to set a new funding formula for public schools
Brewers LHP Robert Gasser expected to make MLB debut against Cardinals on Friday
Prince William rocks his shades as he visits a surf beach in Cornwall
Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
The CDC issues a report about infections from stem
Hilarious moment dog owner plunges into a river after being dragged in during a game of catch
Country star Cindy Walker posthumously inducted into Songwriters Hall of Fame
Brazil replaces injured goalkeeper Ederson in Copa America squad
Japanese game maker Sega Sammy sells resort to US fund
Red Lobster seeks bankruptcy protection after closing some restaurants
Asteroids, Myst, Resident Evil, SimCity and Ultima inducted into World Video Game Hall of Fame