Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Your Free Business Opportunity Resource Is Easy To Use
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

Sales Success Inspiration - Hello my friends and welcome to another installment of The Special Sauce Series on Sales.

Sales Success Inspiration is the name of the game today.  We left off with the last post "

No Sales! The Leads Suck! After ten years in the industry I have heard this more than once. In fact, I hear this so often that a series of educational blog posts are needed to educate sellers on how to close more deals - period.

No sales! Now, first I preface this entire post with one thought...

She Means Business: Turn Your Ideas into Reality and Become a Wildly Successful Entrepreneur Is our Book-of-the-Month.

Carrie Green began her entrepreneurial life at the tender age of 20, starting a company that would go global in just a few years. She has turned her experience...

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
FundAbility
Need Funding? Need To Offer Financing To Close More Deals? We Have Access 7,000+ Credit Providers. Learn more now...
How Many Leads Does It Take To Close A Sale?
This Article is now live on our blog and I know could be very insightful for many. Read On
Top 7 Reasons to Consider a CMS
The internet loves obscure abbreviations. You can skip over most of them, but not CMS. What is CMS? read on...
Productivity Hacks — Our Top 50
Productivity Hacks will help you make more from less this 2016. Here at BusinessOpportunity.com we want to... Read On
The Ideal Length of Everything Online, Including Social Media Posts
When one of your busiest marketing channels limits you to 140 characters, you know that the internet sets its own rules.
How Many Leads Does It Take To Close A Sale?
This Featured Article is live on our blog and I know could be very insightful for connectivity and ROI.
It Takes a Hot Voicemail to Land a Warm Lead
If you're a successful entrepreneur who provides others like you the chance to follow in your footsteps... Read On
Business Franchise Opportunities Funding
The principle reason entrepreneurs put off starting their own business is lack of funding... Read On
Top 50 Home-Based Business Ideas
Home-Based Business ownership can be the most rewarding endeavor you will ever undertake. The new year... Read On
Low Cost Business Opportunities to Own
Are your right for a Low Cost Business Opportunities to Own? The desire to own your own business... Read On
The Top 10 Reasons to Buy a Business Opportunity or Franchise
Starting your own small business is part of the American Dream, right up there with owning your own home. Read On
Why Advertise Your Business Opportunity?
Over the years we have been fortunate enough to receive quite a few testimonials. In fact, ... read on
7 Keys to Leading Highly Effective Sales Conversations
Most people's sales conversations could be better. Not a little better, significantly better. Read On
 
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.

Related Blog Posts

Create Engaging Presentations with making very little effort used to be pretty much, well harder than it is now.

The good people at Slidebot know that to create engaging presentations that are powerful takes up...

Business Opportunity Apps to make your life easier was the best title I could think of today my friends.  This is especially true if you work with images or you are a graphic designer.

Business Opportunity Apps and Sites have been on my mind as late.  Recently, I've been focused on image optimization...

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...

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...

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...
 
   

SocialXpand Business Opportunity Interview w/ Brian Weiss was for me a new way to learn from a customer and whom I consider a friend in the industry.

I've had the opportunity to work for a while now with Brian Weiss who is the Director of Sales for the
Video Spotlight
You're invited to view a Bartercard Online Franchise Presentation.

Premium Sponsor