| New Work-at-Home Regulations Offer Consumers More Protections Effective March 1, amendments to the Federal Trade Commission's Business Opportunity Rule go into effect. And in the past 36 months, more than 10,000 complaints have been filed with BBB's nationwide. To help consumers make informed decisions about work-at-home programs, there are five key items work-at-home businesses must now disclose using the FTC approved disclosure form: 1. Often these are the most persuasive kinds of scams. If you wire a payment to somebody, it's gone forever. 2. If a company may not be willing to provide you many of the information now required, walk away and report them to your BBB as well as Federal Trade Commission. Its identifying information (i. Don't be in a hurry to accept an unsolicited offer of work, or to make a business investment, particularly if the other party is asking you to spend your money on the deal. They ask you to wire money. High pressure to do it now. 5. Or, if they expect you to make a major purchase of equipment, software or inventory in order to get started, be careful. A list of people who bought this business opportunity within the previous three years While these new regulations can certainly help consumers better understand these work-at-home programs, consumers still ought to be vigilant and cautious. Non-compliance with the FTC's new regulations. the name, business address, and telephone number) 2. Big bucks for simple tasks. Watch out if they promise to pay you a lot of money for jobs that don't seem to require much effort or skill. Whether the company, its affiliates or key personnel have been involved in certain legal actions 4. Whether the company has a cancellation or refund policy 5. If someone asks you to make an advance payment – especially if it's a big investment, or you don't have much information about the deal – this is a red flag. 3. You are asked to invest money up-front. New Work-at-Home Regulations Offer Consumers More Protections |
Saturday, 3 March 2012
New Work-at-Home Regulations Offer Consumers More Protections
