This is one of the most important factors in determining if a company is a red flag or not. As an investor or as a job seeker, it is vital to check if there are any secure means of payment available. Here are some names to keep in mind: Pay Pal, Authorize, Net, Google Checkout, Stripe, We Pay, and 2 Checkout. Companies may accept some money through insecure modes of payment, such as cash or paper check, however, if you are truly a legitimate company, there will be a secure mode of payment.
Before you invest your hard-earned money, you need to make sure there is a way to get your money back without much trouble. As a company founded in 1912, the Better Business Bureau is a renowned non-profit organization that began with the goal of increasing trust-based marketing. If you are looking for information about a particular company, all you have to do is enter the company name and read all the relevant information provided. This is primarily a rating site, but in addition to rating, people can express opinions and give information if they are aware of any scams or illegal activities the company is involved in.
However, it's important to note that if a company isn't listed on the Better Business Bureau, that doesn't mean that the company or business is a red flag. First, take the time to thoroughly research the company under evaluation. Start by searching for the company name using search engines such as Google. Go one step further and add “business name scams” to your search.
This way, you can find any recent information about reported fraud or scams. Simultaneously, you should research the company with notable organizations that examine business credibility. To get started, check your status with the Office of Better Business (BBB) and the Federal Trade Commission (FTC). Here, you'll be able to find out if the company was recently reported as illegitimate, untrustworthy, or a scammer.
Undoubtedly, researching the company is an important step in analyzing business legitimacy. Once you've done that, you may want to use an online business analyzer to check if a company is genuine. You can also search for the company to review consumer complaints in the Better Business Bureau by looking for where the company is located or where it is doing business.