Thursday, January 24, 2008

          

Dont Be a Fool With Online Businesses

There are many legitimate work at home Internet business possibilities and many reputable offers to do so online but, there are also some major scams going on. You need to be very diligent in your homework for finding the right home business opportunity for you.. Medical Billing is a huge one to look out for. Advertised as one of the best work at home Internet business ideas, these schemers are just out for your money. The want to charge you a fee up front and then leave you hanging in the wind to try and find work. Other business opps like envelope stuffing charge you upfront for your hard work and then reject the work you have done leaving you high and dry.

The promise is that youll make a lot of money as doctors outsource their billing to you. You can, they say, work in accounts receivable, insurance claims and physician or dentist practice management. Including in the presentation is the assurance that not only do you not need experience but that their sales staff will kick start your work at home Internet business by putting you together with health care clients. The reality is that if you have any chance at all to make any money or even get your initial investment back youre going to have to find your own clients.

The investment for this alleged lucrative work at home Internet business is not small typically $2500-$9000. Prior to your commitment you will be mailed a business brochure, the application and license agreement (contract), document of disclosure, diskette samples, references and testimonials and videocassettes. Your investment is supposed to result in training, software and technical support. The references are commonly shills the name for people that a company hires to provide favorable but dishonest testimonials.

The reality is that medical billing is seldom a lucrative work at home Internet business. Few people who purchase these programs are able to find enough clients to even recoup their investment much less make a living at it. Its not that medical billing isnt a legitimate business. Its that the competition is fierce and the market is saturated. There are many scams on the internet today. You must choose wisely and do your homework before you give any of your hard earned money to anyone.

Source: http://www.ftc.gov/bcp/conline/pubs/invest/homewrk.htm

Ann Nichols Home Biz EntrepreneurEvita Blog10111
Fernandina Blog31544

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