Be business smart. Watch out for advertising scams
In business there are poeple other than shoplifters ready steal from you. Many small buisnesses are targeted by scammers who rely on the fact that the business owners are too busy and will hand over money for "services" without thinking carefully.
Journal Scams
One scam is convincing the business to pay for something not ordered. It usually involves advertising journals. The scammers may claim you have previously advertised with them and were probably too busy to record it. The magazines’ names may suggest a link with a charity or government department. This gives an air of authencity. Make sure you ask questions, check your records and insist on seeing the advertisment in print. Honest services providers will not mind your inquries.
Directory Scams
Another scam is seeking money for entires in business directories that were never ordered or approved. Some demands for payments are really offers to order a listing, but look like an invoice. A busy worker may pay up. The scammers may try to pass themselves off a representing a charity or government agency.
What to do
Always ask for names and who they represent. Keep notes of conversation and seek clarification of anything you do not understand. Also read letters and emails carefully. If a significant amount of money is involved, seek professional advice. When it comes to paying cheques, keep the number of people authorised to sign to a minimum. Never give out information about your business unless you know what it will be used for. Never agree to anything over the phone, instead, ask for it in writing.
By being aware of this and taking some extra time to check your incoming bills and statments, it will protect you from these journal scams, directory scams and advertising scams.
