Smart Giving Are you giving wisely? Charitable scams targeting small business are on the rise.

Here are some tips for smart giving:

  • Don't just give because you're asked. Develop a planwith a set of annual donation amount.
  • If you have employees, to avoid duplicate donations, make sureall requests go to one person.
  • Ask the charity lots of questions before you donate. How muchof the money actually goes to the charity? Statements reading"All proceeds to benefit the charity" usually mean thecharity only gets what remains after expenses, and that'susually not much.
  • Don't allow just anyone to place canisters or candymachines in your business. Do your research first. To find out if acharity is legit, call your local charity registration office andBetter Business Bureau.

Excerpted from Get Smart: 365 Tips To Boost Your EntrepreneurialIQ

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