Posts Tagged ‘business opportunity’

Avoiding Business Opportunity Scams

Thursday, June 30th, 2011

Too good for real? Beware, it might be a scam

If you really want to invest in a good venture, there are thousands of business opportunities for you to choose from. The recession greatly affects the country’s economy. With this, thousands of people lose their regular corporate jobs. The good thing is, many of them chose to start or buy their own businesses. Buying a business is easy when you know where to look. Check out GlobalBX.com – they have over 36,618 businesses and franchises for sale. Best of all it’s a FREE site! 

Along with this increase is the sudden prevalence of business opportunity scams in various industries. Now, how can you tell a legitimate business opportunity from a scam? During these rough economic situations, many people choose to do fraudulent activities just so they can make a quick buck. One of their notorious practices is to come up with a business opportunity scam. With this, what are the necessary precautions that one needs to remember to avoid a business opportunity scam that might eventually appear on your pop up browser window and emails?

How to Spot Notorious Business Opportunity Scams

If you are determined to know if a certain business opportunity is a scam, you need to put yourself first in the situation of the scammer. Try to think about certain promises that you would likely offer if you are to scam a person. To successfully target entrepreneurs, scammers would work hard to make their fake opportunities appear plausible. Scammers also notoriously target the greed and weaknesses of their prospect victim. A scammer may also use the apprehension of missing out a once-in-a-lifetime opportunity. They would demand money to be paid up front. Finally, these professional scammers figure out ways on how to be untraceable once their scam has been uncovered.

Avoiding Business Opportunities Scam

Not all scams are executed by strangers who popped out in your browser while you are in a chat room. Alarming as this may sound, but there are hundreds of hoax business opportunities on the Internet that appear legitimate.  These scams are either franchises for sale or existing businesses for sale. Read on below for a guide on how to avoid business opportunity scams:

  • Check all the paperwork.

See to it that you hire a good business lawyer who will review all the necessary paperwork including disclosure statements, business ledgers, sales documents, and all contracts. Hiring a certified public accountant is also important. Your accountant will be the one to go over all financial documents and bank statements.

  • Request for a detailed documentation.

The U.S. Federal Trade Commission is requiring all business opportunities to give out detailed disclosure document to all prospect buyers 10 days before any sale contracts or agreements are drafted and signed.

  • Be vigilant about misleading numbers.

Be wary of companies that do not want to say anything about how they came up with their existing cash flow and earnings figures.  Better avoid business opportunities that promise a minimum profit for a particular time frame.

  • Do thorough interviews.

It is a must to talk and transact directly to the owner of your prospect business. Do not depend too much on the sales agent for communication with the owner. You should visit some of the operational locations of existing franchisees. Ask for their feedback and opinions about the company.

  • Be cautious of surreal earnings information.

It is best to keep this rule in mind, especially if you are determined to buy a franchise opportunity. Note that there is a law that requires all businesses to share information on the number of franchise owners that failed over a given time period and the actual earnings of these franchise owners. See to it that you review all information and get the evidences you need.

Other precautionary tips to keep in mind

It takes many hours of researching and a good alertness to stay safe from notorious business opportunity scams. It is a big no to rush your decision to buy a business. Remember that this transaction involves lengthy writings of the demands and claims of both parties regarding the sale of business. Today, the most common tactic of many business scammers is this scheming phrase: “This deal is only good for today, and then it’s gone”. You should be alert with bad sounding business deals such as chain letters, networking marketing, work at home, vending machine routes, and credit repair services. While not all opportunities under these categories are scams, there is a big chance that you will likely stumble into one, especially if you are not too careful in scrutinizing their legitimacy.

Make sure you do your research before you start or buy a business. GlobalBX.com provides a FREE business for sale exchange connecting business buyers, sellers and lenders.  Get free information on any small business opportunity or franchise opportunity –  they have over 36,618 businesses for sale!  Sell your business for sale for free with no listing fees and zero commissions.  Contact over 300 lenders instantly” and get financing for businesses and commercial real estate.

Like Astronomy? Give People the Moon and the Stars!

Thursday, June 2nd, 2011

When searching  online for a money making opportunity that I could work from out of my home, I discovered StarScapes.com .  It’s a pretty cool business! 

StarScapes® Artist-Illusionists create the cosmos on your ceilings (and walls too if you want) with their specially formulated Creation Paint™.  When the room is darkened , it is as if your ceiling is now gone and thousands and thousands of stars appear above you!  In your darkened room, it will look as if you were outside looking up at a clear starry night sky, away from the city lights .  They say it’s very relaxing, and stress-relieving.  Nice.  I think most people would like that.  It would be remantic too.  Children that were once afraid of the dark, now ask to turn the lights out.

During the day , or when your room is lit , the room looks completely normal.  In the future, if you ever decide for some bizarre reason that you do not want the StarScapes illusionary trompe l’oeil stargazing mural , two coats of paint can cover it up.

Sample informative video and pictures can be viewed at their website, www.starscapes.com. The work is breathtaking and I, like many others, want my ceiling to look like that, since not too many of us that live in the city can see the real stars these days .

Each ‘ StarScapes ‘ is a unique artistic masterpiece that can be customized with your favorite constellations (even the ones that were seen on the day you were born )  . Company supplied additional stencils can be utilized to make a battle in space scene that is sure to intrigue the younger crowd . Fairies  and angels can be had for the little girls.   You can even come down the walls with the StarScapes, creating an illusion of space all around you  Like you’re walking in space.  Upon completion of your StarScapes signed and dated cosmic masterpiece you will also get a certificate of authenticity, certifying that the work was done by a real StarScapes Artist .

Clients have payed hundreds, even thousands of dollars for their StarScapes mural . With the StarScapes independent artist program you can sign up to be a partner and be listed as the representative for your city .

Common sense shows that the market for StarScapes obviously is wide open ; bed and breakfasts, motels, hotels, vacation homes, private homes, R.V.’s, etc … anyone with a ceiling is a potential client for you. StarScapes.com says that you can make a great living using their program. And they’ve received over 400 testimonials to prove it (all viewable at their site ).  After just simply showing the free 3D Demonstration Portal to your friends and others , and the prospect hires you, you will complete the work in about an hour or two .

You do not have to be interested in the business program to order their introductory package, but if you are, the 3D Cosmic In-home Demonstration Portal Poster is a wonderful way to show yourself what StarScapes looks like and for giving others demonstrations of it. Sort of testing the market before you’re even in this unique business. Pretty cool!

By going to their website you can sign up for the compan’s mailing list, which will automatically enter you into a free drawing for one of the two complete StarScapes StarBiz programs that they’re going to give away .

You can create these StarScapes ceilings on your own , or as a StarScapes Artist-Illusionist, you can be a licensee and get to use the private trademarked tradename STARSCAPES® and reap all of the benefits that membership will give you, like free paint . Your clients will sign a form stating that they will remove all items of value from the room, and that they will not come inside the room while the work is in progress , insuring your privacy while you complete the work .

Upon completion of the work , you invite your customers back inside their room, where you will play a CD (that comes with the Portal Posters) and has soft music and a short but detailed ‘voice over’ explaining StarScapes, so that you have nothing to memorize.  You ask them to lie down on the bed, or on the floor with pillows, and cover their eyes until the music begins to play , and then they will instantly see the stars!  It must be great fun to do that.  

If you think to yourself that maybe you might not be able to do this because you don’t have any artistic talent, don’t worry . There really isn’t any artistic talent involved.  Watch the video on their site . It shows the founder, who created this whole idea , Joe Petrashek. He says that if you can draw a simple smiley face on the wall, with a marking pen , then you are over-qualified for the job.  The cost in materials for a single room is only about $5 worth of their Creation Paint™ , and you set your own prices , so the potential profits can be immense and are totally up to you. One StarScapes® Artist-Illusionist made $65,000 in his first couple of months, and never needed to order extra supplies!  But when he does, they’ll be free .

Scott Ross, Independent Journalist

Invest in the DVD Rental Business

Sunday, April 17th, 2011

Aspiring and business-minded individuals should be mindful that there is a unique offer proclaimed by DVDNow Kiosk, a successful company that is planning a major expansion. To make this business opportunity  even more extraordinary, the company also offers complete instruction and support to help you with your new business.

About DVDNow Kiosk
With firm roots in the exceptionally lucrative entertainment  industry, which generates billions of dollars every year, the DVD rental business   capitalizes on the lack of serious competitors and reaps remarkable income. The company specializes in operating numerous DVD rental kiosks, forming the most rapidly growing segment of this marketplace – thus, their business is both exclusive and highly lucrative, attracting many entrepreneurs willing to invest in such a successful opportunity . You can now be one of them.

Due to the incredible convenience of its services, DVDNow Kiosk has increased the frequency of rentals significantly. Furthermore, the popularity of these automated machines is now frequently being compared to the advent of the ATM – and many experts who have noticed this cannot be wrong.

Why Invest In DVDNow Kiosk?
You can capitalize on this wave of popularity that this DVD business  enjoys and at the same time suffer no difficulties while running your own business under the company. Here are just some of the reasons why:

– Incredible popularity and growth , with the industry being worth more than $20 billion every year
-Total control over your profitability and freedom to choose the best locations
– Untapped market with very little  competition
– Incredibly easy business to establish and run – you can start earning within 30 days
– Vast growth and expansion potential

– Proven and successful track record with immense profitability
– Freedom to choose your own working hours
– No competition from other DVDNow Kiosk owners

Clearly, this is a business opportunity that should not be missed. Get free information now to learn about more advantages that await you as a DVDNow business owner!

GlobalBX.com provides a FREE business for sale exchange connecting business buyers, sellers and lenders.  Search over 33,000 businesses for sale and franchises.  Sell your business for sale for free with no listing fees and zero commissions.  Contact over 300 lenders directly and get funding for business and commercial real estate.