Bad Advice From American Chronicle
Here is some poor due diligence advice from American Chronicle: Work From Home Business Opportunity.
The author starts out promisingly:
"While there is definitely work to be had and money to be made with a work from home business opportunity, finding the right work from home business opportunity for you will definitely require some legwork and preliminary research on your part. Why? Well, the unfortunate reality is that not every work from home business opportunity is legitimate. Often, a work from home business opportunity reels interested people in with a lot of lofty promises about unbelievable revenue streams without a lot of effort required on your part. "
How does the author suggest that you do your due diligence? How do you verify the earnings claims, alluded to? What information is legally required from these business opportunity sellers?
Unfortunately, our author reveal himself to be ignorant of the basic federal and state laws concerning business opportunities.
There is the requisite and absurd claim about the Better Business Bureau. "Find out as much as you possibly can about the work from home business opportunity you are thinking about pursuing. Investigate the owners, operators and current associates. Check out the Better Business Bureau or websites that specialize in identifying scams to find our about any potential negative experiences others may have had with this work from home business opportunity. "
Once again, I have to stress that the BBB has nothing to do with due diligence. The BBB is a system which attempts to resolve consumer complaints and keep track of the number of resolved complaints.
Our author knows nothing of the Federal Trade Commission's site on Business Opportunities scams or any of the individual State Business Opportunity Laws and shares his ignorance with the reader.
It is really quite pathetic, and would not be worth commenting on except for the fact that so many individuals looking at business opportunities live in the same space - ignorant of the how the Federal and State laws on business opportunities work on their behalf.
