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Question about business

How important are business ethics to a company and their success?
Discuss the ethical climate at a business that you are familiar with or one that you have researched. How have ethics affected this business? What does this business do to enforce ethical principles? What things could they do better?

How can we as individual employees influence the application of ethics are our businesses? Give your thoughts and ideas on this subject.

Beware of Scams - Find a Legitimate Business Opportunity Online

Many people are interested in working from home via the internet. However, these so available online business opportunities may be misleading. In fact, evidence suggests that as much as 95% of the business opportunities advertised on the internet are scams. But if you are careful and are keen to educate yourself about genuine opportunities, you can soon discover your niche in the market.

There is no shortage of available legitimate business ideas. For instance, if you want you could simply sell your products online through amazon.com or Ebay. This is perhaps the easiest way anyone could earn money from home. Another possible option is to start your own business with affiliate programs. Many people have launched successful businesses through affiliate programs, which if researched on carefully provide you with ideal legitimate marketing tools for your business.

To start with possible options, you can make a list of what you are particularly looking for in an online business. You may have to do some initial research on it in case you do not know exactly what you want to do. Thereafter, you need to find the legitimate home business idea that holds your interest the most. It is absolutely critical that before you start with any opportunity, you must thoroughly cross check information about the legitimacy of the company you are going to associate with.

Before starting, it is important that you check out which home business opportunities are truly legitimate. There are many online business opportunities that offer you a huge earning potential and also financial freedom. Most of them unfortunately are scams. According to estimates, consumers are loosing millions of dollars every year due these fraudulent so called opportunities available on the internet. The victims include housewives, the unemployed, disabled people and home businesses. These scams are often like a money pit, where no matter how much time and money is invested, there are no financial gains whatsoever.

One possible and efficient way to bypass such scams is by getting yourself educated on the online business markets. You may do so by reading articles and reviews posted on popular forums. You can even check the comments section of such forums and ask questions if you have any queries/doubts. Another thing to bear in mind is to check the company with the Better Business Bureau and then sign up only with those which have a reliable customer support and a refund policy.

Also, it would be worthwhile to check if your selected business is popular on the internet. For instance, you can see if the business is listed on websites like clickbank.com or tradedoubler.com. You may also check to see if the business has a PayPal account and/or if they have a system wherein you can contact affiliates for advice. To cross check further, you can enter the business opportunity’s name at Complaints.com and see what comes up. Finally, you may also wish to contact the business and ask for a reference list.

Make sure to beware of fake profiles. A genuine business opportunity will have a good website that is consumer friendly and easy to navigate. It will also clearly put up a contact address, telephone numbers or a relevant email id. Pay attention to the testimonials posted on the site. It is easy to fake them, so watch out for the person’s name and contact details to make sure it is genuine. You will find it helpful to contact people who have been successful with that particular business opportunity and you could also avail of valuable tips and advice from them.

These days one of the most popular and convenient legitimate home business opportunities is blogging. Having a blog is a safe and secure way for you to have a legitimate business opportunity from home at negligible cost. It also helps you to learn basic marketing skills, which you can later on apply to your own website.

With your blog, you can use affiliate marketing to make money. In this system, a company will pay you a commission when somebody buys a product or service through a link posted on your blog. Commission Junction and Clickbank are two large companies which host listings of thousands of other companies offering affiliate programs and who can give you commissions up to 70% for promoting their products or services.

Legitimacy is indeed an important factor to watch out for before starting with any opportunity online. But even with the scams floating around, the internet is still your best friend who can help you override these fake adverts. A little bit of research will give you the right knowledge and will help you get your own legitimate home business!

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9 Responses to “Beware of Scams – Find a Legitimate Business Opportunity Online”

  1. Chev

    on February 15 2010

    Hi,

    i have found a site to be usefull, just check this out

  2. Ken

    on February 15 2010

    You need to keep accurate records when running a business. This will be your best defense if you ever get audited.

    For IRS purposes, you need to make a profit every 3 out of 5 years to have the IRS prove that you are not running a business. Otherwise, it is up to you to prove that you are running a business and not doing a hobby. You can prove that you are running a business by keeping your business accounts and personal accounts separate.

    You can write off any legitimate business expense including dinners with clients, car expenses, equipment, etc.

    Having a separate checking account and credit card is a good idea. However, it isn't necessary. You can comingle your business and personal expenses using your personal accounts. But, if you do this, then it will be harder for you to prove that you are running a business.

    For your revenues, you don't need a corporate account to make you deposits. You just need to make the deposits in your separate account that you use for business.

    You can read Publication 334 for more information.

  3. The Invisible Woman

    on February 15 2010

    The requirements vary according to your state. Call the business license office for your county and just ask them if you need a business license to operate an internet store. I live in Georgia, and in my county, you do.

  4. SarahR

    on February 15 2010

    Hiiiiiii..
    I think you have to choose the Marketing section in Human Resource Management(HRM) because in marketing you get the nice job in the good reputed company on a high post..

  5. Mikelo

    on February 16 2010

    How about a book store, if you are looking retail?

    I cant say if it would work in your town, you need to do marketing research to see what would succeed in your town.
    Also in business .. Location, Location, Location is VERY important to success .. not only do you need the right business, you need the right location ..

    Passion, YES .. you do have to work long hours but passion because you believe in what you are doing.
    I work from home and have the utmost compassion and belief for what I do, I believe that is what brings me success ..

    If you don't like books, don't like to read .. then a book store probably wont make sense. Did deep .. Only you know what you really want to do.

    GL!

  6. Gina G

    on February 16 2010

    Are you asking the same question or was my answer deleted? YOU CANT COLLECT ONCE BANKRUPTCY IS FILED.

  7. Austinite

    on February 17 2010

    You can't post a Proposal for Sale of Business here. It is a comprehensive document similar to a business plan with dozens to hundreds of pages. Contact a broker like VR Business Brokers and see if you can get help. Yours is a unique business driven by personal contacts and is not easily sold.

  8. Wayne R.

    on February 17 2010

    Yes, the courses you speak of will help you to become a Business Analyst.

    A BA can be on the client side or the IT side. If on the client side, they are interfacing with work group domains that process the work and review what they need. They generate requirements and then work with the IT side to update or generate processes and applications to fullfil the business needs.

    If you're a BA on the IT side of the house, then you're taking all the requirements and developing processes and application solutions. Your job is to work with the client to generate a business solutions document (there are many names for it) and get signoff. Then, you need to make sure that solution becomes reality by working with systems analysts, programmers, and testers. You're generally responsible for the delivery of the solution. Although, if the solution revolves around process changes with other work group domains, you normally work with a PM (Project Manager). Never the less, you have end to end responsibilities for the IT delivery to insure the client gets what they need (and paying for).

    With the offshoring of work to cheap labor, to remain associated with software development, the BA role is a good profession.

  9. cooolioooo

    on February 18 2010

    business school is the right field to study, if you choose your college carefully, some have an entrepreneurship track/program

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