Inem
Active member
I have seen a lot of people being scammed by business partners or associate not because the signs were not there but because the business owner had turned a blind eye to seemly obvious red flags.
To avoid being scammed a business proposal that is too good to be true might really be,any proposal that the profit percentage is more than 80% profit is a red flag and more investigation or research should be done to ascertain it authenticity.
Try to do most of the things the business demands that way one will be in the know and see the dubious ways in no time.
Try to handle all transactions that involves money and never leave huge sums in partner's hands.
What other ways can scam be avoided in business by business partners?
To avoid being scammed a business proposal that is too good to be true might really be,any proposal that the profit percentage is more than 80% profit is a red flag and more investigation or research should be done to ascertain it authenticity.
Try to do most of the things the business demands that way one will be in the know and see the dubious ways in no time.
Try to handle all transactions that involves money and never leave huge sums in partner's hands.
What other ways can scam be avoided in business by business partners?