Monday, February 08, 2010

How to Prevent Yourself from Becoming Prey to Vending Scams

Where there is scope for making money, there is a great chance for being cheated there. In case you are novice to this industry make sure you do not get carried away by misleading information and false commitments given by vending companies. There are various ways in which you might be cheated by these people. For instance: few companies try to force you by saying that there are some special offers which are about to expire if not availed immediately. This is just a business tactics since if the company is really earnest, it will allow you to take enough time and buy the product after you have thoroughly investigated about their company.

How can you protect yourself from such scams?

• Never make hasty decisions. Take your own time before doing anything.

• Gather proper information about various companies and products offered by them.

• Ensure that you have all earnings in writings since any earning claim above $500 needs to be in writing. It should also include the number and percentage of recent customers who have earned at least as much as the company claims to have.

• Ensure that all assurances and warranties mentioned by the company are given in writing.

• Find the exact location where the business is based. Contact Better business bureau in that city in order to check for how long the business has been filing with BBB and also look for any complaints registered against the company.

• Contact attorney general office in the state in which the company is based in order to see if there are any outstanding issues against the company.

• Browse the net in order to find about other companies selling similar products. Also check if there are any negative postings against this company in the net.

• Ask for contact names and numbers of various customer care centers.

Proper planning and cautious approach towards this business can prevent you from falling prey to scams.

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