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Saturday, September 19, 2015

Tips to Boost Your Business- Part 1

To safeguard your business interest, you should follow the following quick tips:

Never send money by Western Union: It is tempting as it is very simple and you can send quickly. But it is illegal for business use in most countries and it is non-recoverable and non-traceable. So the chances of getting duped are very high if you pay by Western Union.


Never remit money by Bank Transfer to a personal name: Always send to a company name. Many use this trick and I am surprised how many keep falling for this. No matter what the other guy says, if you send a bank transfer to a person, chances are high that it will be the last you will hear from him.


Avoid being a victim of the ADVANCE FEE SCAM: Never try to sell anything to anyone who insists on some payment from you before placing an order for your goods. They usually promise a very large order to tempt you. Various tricks used are fee for foreign exchange transfer, registration of your company with authorities, etc. Basically stop dealings with anyone who places an order with you and then wants you to send some money first for some reason or the other.
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