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  • Answer Upon - Biz Ops and Business Opportunities Must Substantiate Earnings Claims

    The Art of Selling Yourself!
    To "sell" oneself on paper is not easy. Creating a resume is a design and construction job and a test of your writing skills as well. A resume can either be self written or written with professional help.Sel
    part-time in your own home, while working in your underwear and watching TV.” You may think this sounds funny and indeed it is, however now the business opportunity practitioners would have to come up with names and proof that people were actually making that kind of money after they had bought their business opportunity. Consider this in
    Should I Buy an Existing Business?
    One option in going into business is to buy a going operation. The advantage over starting from scratch is, of course, that there are more facts to work with than a business which exists only on paper. To turn this
    The Federal Trade Commission is considering a new proposed rule, which would require Biz Op's and business opportunities to substantiate earnings claims that they may to potential buyers if the buyer requests them. Such earnings claims proof will hopefully eliminate much of the fraud that goes on in the business opportunity sector.

    Below is a copy of the Federal Trade Commission's proposed rule on substantiate earnings claims to potential buyers to ask for them;

    Proposed section 437.5(f): Written substantiation for earnings claims

    “Proposed section 437.5(f) would prohibit a seller who makes an earnings claim from failing to provide written substantiation to prospective purchasers and to the Commission upon request. Rather than mandating that business opportunity sellers include documentation for earnings claims – which could be voluminous – in the earnings claim statement itself, section 437.5(f) would reduce compliance costs by requiring only that such materials be provided to potential purchasers and to the Commission upon request. Purchasers could then review the documentation if they so choose.”

    Most business opportunity practitioners are indeed honest, however many simply make up huge numbers that the buyer may potentially make if they buy the business opportunity. For instance; “Make $10,000 per month stuffing envelopes part-time in your own home, while working in your underwear and watching TV.” You may think this sounds funny and indeed it is, however now the business opportunity practitioners would have to come up with names and proof that people were actually making that kind of money after they had bought their business opportunity. Consider this in

    Ezine Advertising - Essential Tactics (Part 2 of 3 Series)
    What are the 7 essential Q’s you must ask before posting an ad?In Part 1, I talked about finding your target market, and how it might not always be who you first think of. The
    low is a copy of the Federal Trade Commission's proposed rule on substantiate earnings claims to potential buyers to ask for them;

    Proposed section 437.5(f): Written substantiation for earnings claims

    “Proposed section 437.5(f) would prohibit a seller who makes an earnings claim from failing to provide written substantiation to prospective purchasers and to the Commission upon request. Rather than mandating that business opportunity sellers include documentation for earnings claims – which could be voluminous – in the earnings claim statement itself, section 437.5(f) would reduce compliance costs by requiring only that such materials be provided to potential purchasers and to the Commission upon request. Purchasers could then review the documentation if they so choose.”

    Most business opportunity practitioners are indeed honest, however many simply make up huge numbers that the buyer may potentially make if they buy the business opportunity. For instance; “Make $10,000 per month stuffing envelopes part-time in your own home, while working in your underwear and watching TV.” You may think this sounds funny and indeed it is, however now the business opportunity practitioners would have to come up with names and proof that people were actually making that kind of money after they had bought their business opportunity. Consider this in

    Corporate Merger Acquisitions
    Corporate mergers and acquisitions are quite common these days. In 2004 deals worth over $800 billion were concluded, up 50% from the previous year. This trend is expected to sustain during the rest of the decade.<
    rospective purchasers and to the Commission upon request. Rather than mandating that business opportunity sellers include documentation for earnings claims – which could be voluminous – in the earnings claim statement itself, section 437.5(f) would reduce compliance costs by requiring only that such materials be provided to potential purchasers and to the Commission upon request. Purchasers could then review the documentation if they so choose.”

    Most business opportunity practitioners are indeed honest, however many simply make up huge numbers that the buyer may potentially make if they buy the business opportunity. For instance; “Make $10,000 per month stuffing envelopes part-time in your own home, while working in your underwear and watching TV.” You may think this sounds funny and indeed it is, however now the business opportunity practitioners would have to come up with names and proof that people were actually making that kind of money after they had bought their business opportunity. Consider this in

    Living Proof of The Joint Venture Mindset
    Frank Schroeder was one of the most successful insurance salesmen I ever met. He owned two Porches and two sets of electric drums and lived like a king. We did some business together and I asked him what the secret
    ers and to the Commission upon request. Purchasers could then review the documentation if they so choose.”

    Most business opportunity practitioners are indeed honest, however many simply make up huge numbers that the buyer may potentially make if they buy the business opportunity. For instance; “Make $10,000 per month stuffing envelopes part-time in your own home, while working in your underwear and watching TV.” You may think this sounds funny and indeed it is, however now the business opportunity practitioners would have to come up with names and proof that people were actually making that kind of money after they had bought their business opportunity. Consider this in

    Customer Service Warning-What to Watch For: Indications We Have a Customer Service Problem
    Do you frequently hear that customers are unhappy about something, and sometimes they are downright frustrated.Yet, what you hear from your employees is, “Stupid customers! They just don’t understand how to
    part-time in your own home, while working in your underwear and watching TV.” You may think this sounds funny and indeed it is, however now the business opportunity practitioners would have to come up with names and proof that people were actually making that kind of money after they had bought their business opportunity. Consider this in 2006.

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