Home Advertise Contact Blog Advertiser Login High-Yield Investments
Newsletter Signup

Business Opportunities
Change Your Life Get Into Business For Yourself Online Business Opportunities
Home-Based Business Opportunities
Licensee Opportunities
Low Cost Opportunities
Distributorship Opportunities
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Expanding Opportunity Services - It has always been our mission to provide the best customer service possible and have recently added no cost training and coaching sessions for all active advertisers. Now, we are going a step further to address the one major problem faced by opportunity owners–lack...

Drone Technology - Don’t think drones and franchises and businesses opportunities have anything in common? Think again. Drone technology is transforming the way many industries tackle a wide range of everyday services.

Drone Technology - Here is a look at how drones are impacting the way businesses...

Better Salespeople - “One thing I do know is you have to be able to sell if you own almost any type of opportunity and if you can't you should hire someone who can. Problem is what type of person makes the best salesperson that you can count on and why?", says business opportunity...

Business Opportunity for Sale

Sponsors

Get a piece of the BILLION DOLLAR APP INDUSTRY! LOCK IN A TOP POSITION. Click of Call Bill Toth Phone: (716) 345-1888
Need To Fill Positions Fastest Growing, All Inbound Call, Direct To Consumer Distribution Team In The USA! 217-718-4744
This Featured Article is live on our blog and I know could be very insightful for connectivity and ROI.
If you're a successful entrepreneur who provides others like you the chance to follow in your footsteps... Read On
When one of your busiest marketing channels limits you to 140 characters, you know that the internet sets its own rules.
Residual Income is the way that you work once and get paid multiple times—sounds great!... Read On
It’s not uncommon for an individual to have a desire to open and operate their own small business opportunity.. read on
Working-At-Home is easier said than done I know. Is this you though? Do you want the freedom of running... Read On
Be A Distributor
Work-at-Home
Small Business
Resource Center > Article
Identity Theft: A Very Real Threat to Small Business Owners
Share this Article:

As a home-based or other small business opportunity or franchise owner, you’re incredibly busy.  So busy in fact that there’s a good chance you’re not minding your finances as well as you could or should.  Unfortunately, identity thieves are onto you, making your business especially vulnerable to their ever-evolving and potentially devastating tactics.

According to the Javelin Strategy & Research 2010 Identity Fraud Survey Report, small business owners are one-and-a-half times more likely to be a victim of this crime than are other adults.  Why?  It’s because identity thieves are more sophisticated than ever, and they’ve become especially drawn to small businesses for a number of key reasons: 


  1. Small businesses often have access to significant lines of credit. 

  2. They have cash reserves that individuals oftentimes don’t. 

  3. They are actively involved in trusted business relationships that can readily be exploited by a third party, and 

  4. Personal and proprietary information often is not secured properly, making hacking and access too simple.


Add to all this the fact that small business owners like you are trying to do so much that minding the financial store may not be a top priority, and you could be in serious trouble before you  know it.  Fortunately, there are some relatively easy and fairly affordable things you can do to reduce the chances that your small business will fall prey to identity theft.

Here they are:


  • Mind the numbers that matter most―Your social security number, your Employer Identification Number (EIN), your bank account numbers…any number that allows anyone to have access to your personal, financial or business dealings should be given out only sparingly and when you are certain who is asking for the information and why.

  • Keep all of it under lock and key―Whether it’s your physical office space, your file cabinets or your desk drawers, anything that contains valuable information must be secured at all times, especially when you are out of the office.  This includes doing whatever it takes to protect your computer from hackers, such as firewalls and security patches as they become available.

  • Limit access―You need to password protect your computers and allow the few individuals who need access to have it only when necessary.  It’s a good rule of thumb to play it safe by keeping everything on a “need-to-know” basis as much as you can.

  • Shred it and forget it―Shredders are not terribly expensive and their potential payoff is tremendous.  Identity thieves are notorious trash and dumpster divers.  They’ve perfected the art of piecing back together everything you throw away so they can use it against you and possibly destroy all that you’ve worked so hard to build.

  • Beware of “phishermen”―Legitimate companies and individuals do not send emails requesting you to send vital information back to them unless you’ve initiated the exchange.  If an email contains a link for you to go to and provide this kind of information, don’t go that route.  It may be a set-up.  Open a new browser window and initiate contact with the company on your terms just to be safe.  You never know for sure who or what is on the other end of an email.

  • Go electronic―Electronic payment systems are more secure than using paper checks.  These systems use encryption and passwords as a strong deterrent.  Your mailbox doesn’t.

  • Make weekly check-ups a habit―You’re busy, that’s for sure, but you’re going to wish you made some time to look over your bank and credit card statements if the worst happens and someone starts masquerading as you or your business.  Try to make even the most cursory check-up of your financial matters a weekly or bi-weekly goal if at all possible.


The harsh reality is that when your identity as a small business owner is stolen from you, you’ll have to clean up the mess, which can take months if not years and even put you out of business.  By taking reasonable precautions, you can avoid becoming a target of this kind of criminal activity.  You and your business are worth it.

Live On Your Own Terms
Related Blog Posts

The Business Franchise Opportunity Sales Tips 7 Part Series was an idea launched by Keith Shaffer Director of Personal at TheLocalProject.net two weeks ago after a coaching session.  The credit goes to him for this...

Live On Your Own Terms

Getting More Out Of Life: Buying Getting More: How You Can Negotiate to Succeed in Work and Life was an easy choice. When you read that Google used it to train 30,000 employees, you gotta figure it’s got something going for it. I’m always on the lookout for helpful books and negotiation...

Live On Your Own Terms
12 Apr 16 Posted by: Todd Hatch
in Running Your Own Business

Money-Saving Tools that Entrepreneurs who are involved with business opportunities, franchises and work-at-home positions know how important it is to track money and manage money, which ultimately helps you save money.

The goal is to have more coming in than going out, but it can be difficult...
Live On Your Own Terms

Here is an overview of the differences between business opportunities and franchise, and how you can determine which is the one for you.

Business Opportunities vs. Franchises the age old question - which is best for you? Do you dream of running your own business opportunity? If so, what does...
Live On Your Own Terms
Self-employed people think of time is money and that knowledge is power. Those are two clichés that couldn’t be truer for every self-employed entrepreneur. That’s why they were early adopters of the smartphone and tablet. Self-employed people also love their apps. These digital tools on smartphones and...
Live On Your Own Terms
Featured Listings
Entrepreneur
Be Your Own Boss

The Billion Dollar Salesman -Serving the World for 28 Years! I’ve truly lived a blessed life and I have also been fortunate to have many mentors that provided me with guidance and motivation. As a result of learning how to do things the right way the companies that I’ve owned have generated just...

Read More

Opportunity Video Spotlight

United Games! The first and only business that will pay you 24/7 365 days a year when people are watching NFL, NBA baseball, soccer, cricket, rugby, hockey in fact any major sport anywhere in the world.

Premium Sponsor


Are you looking for a cool way to make money? For over 38 years, Sno Shack has been dedicated to creating quality shaved ice—in both equipment and flavors. With our low startup costs and high profit margins, Sno Shack works for everyone! You can customize your business to make it as large or as small as you want it to be. Click Below to learn more about starting your Sno Shack today! You can also call Sno Shack (1-888-766-7425) let us know you are interested and we’ll get the ball rolling!

Sno Shack is the cool way to make money! Use your Sno Shack as a fun summer job, a way to teach your children the importance of hard work and responsibility or as a way to earn extra income. Whether this is your first time owning your own business or you are a seasoned entrepreneur, we know you will fall in love with this business opportunity just as much as we have!