By now, most of us are more than conscious of some of the common personal scams. For example, there is the person who sends an email from South Africa alleging to need funds in order to send you your lottery winnings, although you didn’t enter one. Or the long lost family member who you did not even know you had but somehow he left you a fortune and all you have to do is send a few thousand dollars to collect.

However, as a petite business owner, you also have to sentry yourself against scams created by people who allege to be legitimate businesses too, even though they aren’t. Or, almost worse yet, some really are genuine business owners, yet they aren’t moral and collect their fees as well as payments primarily by conning people into paying them, even though they didn’t deliberately sign up for products/services.

Here are 5 most common business-to-business (B2B) scams

Charity Scam

This B2B scam is perhaps one of the simplest ones deceitful people to get away with because a number of petite business owners have very big hearts and would do merely about anything to help the communities they serve. So how do you tell if the charitable organization is for genuine or just another con? If they’re local, you can ensure with others in the area to find out if anyone has heard of them.

Supply Con

This scam includes a company sending your small business supplies or calling to validate the order of supplies. Once accepted or approved, they place you on the hook for their products—even if you didn’t initially request them. Of course, recognizing this con necessitates that whoever is signing for or approving your deliveries and orders pays attention to the form or phone call to make sure that the company inquiring is the one you really do business with.

Check Ploy

This B2B scam comes in the form of a check that you get that appears to be a rebate or repayment check from one of your suppliers. However, once you cash it, you begin getting invoices, as the fine print on the check says that cashing it validates your acceptance of their offer to log up for the services, putting you on the hook for things that you don’t even desire.

Directory Listing Swindle

If a company calls and wishes to validate your business’ details, it’s probable that the person on the other end of the line is a tricksters who is going to send you an invoice for a listing, even though all you or a staff member did was confirm your website details, phone number, address, and such they do this by forging the recording to make it sound like you concurred to their service. Tricksters who use this trick also sometimes send an email or postcard asking you to confirm your information in writing, but the costs allied with a reply are located in very small print, greatly diminishing the odds that you won’t see them. So when you send the request back considering that all you’re doing is verifying your information, what you’re actually doing is logging up for their service. Desolately, some petite business owners wind up paying the fees requested merely to evade being referred to debt collection or having to go to the court.

URL Hustle

Recognizing this swindle necessitates that your payment processing agent knows who your website is through because, in this example, the counterfeit business will send you an email telling you that it’s right time to revamp your website or lose your URL. They do this even though they are not actual the ones who holds your URL, and few small business owners will pay merely because they don’t pay attention to who the bill is from.

Becoming acknowledged with above-stated points can help you know and understand what to look for, potentially keeping you from becoming just another victim to the shameful maneuvers.

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