My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Business Supply Scams

Make sure you're too savvy to become a victim.
1 min read
Opinions expressed by Entrepreneur contributors are their own.

Watch out! As an entrepreneur, you are a target for one of the most common--and potentially most costly--business scams: telemarketing con artists selling overpriced, poor-quality office supplies. Here are some tips to protect your business.

  • The Federal Trade Commission requires telemarketers to disclose that it's a sales call, who they are and the total cost of what they're selling--so don't be afraid to ask.
  • Make sure your employees are scam-aware and establish a procedure for handling such calls.
  • Keep track of all orders, and limit the number of staff who are allowed to order.
  • If you receive merchandise you didn't order--and the seller cannot prove you did-you can keep the materials and are not obligated to pay.

Excerpted from Start Your Own Business: The Only Start-Up Guide You'll Ever Need

6 Years After 'Shark Tank,' This Lobster Roll Food Truck Clawed Its Way Into a Multi-Million Dollar Business