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Further
Reading ...
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Complaints Are Actually A Good Thing! - Diane Hughes
Nobody likes to get complaints. They make you question your judgment, they can ruin your day, and they almost always leave you in a bad mood. But what if I told you that complaints are actually a good thing? Really! I’m not kidding. Complaints...
Are You in Touch With Your Inner "M"? - Donna Monday
"M" is for Motivation. What motivates you to do a good job? Is it a sense of achievement? Recognition for a job well done? Helping people? Desire for responsibility? Solving problems? Making more money? You should give some thought...
Do your customers waste your time? - Richard Grady
I saw a post on a marketing forum a few weeks ago and it was from a chap that had purchased a piece of software from a well known Internet marketer. After purchasing the product, the buyer had sent several emails to the seller with questions about...
Nothing Beats Working From Home - Michael Harrison
Working from home - do you have what it takes? According to a recent Harris poll, 72% of American households are thinking about starting a small business, home based. This statistic left me wondering if they have what it takes? So I quickly ran...
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Due Diligence
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Written By:
William Cate
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Due Diligence
By William Cate
Published December 1999 [http://home.earthlink.net/~beowulfinvestments/] [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]
Before you pay anyone a retainer, investigate. Swindlers are attracted to
money. The essence of equity finance is money. There's no shortage of
crooks involved in the Stock Market.
Relying upon business references is a mistake. Honest business people
refer you to associates that they know will give them a good reference. The
crooks use a business reference service, run by swindlers. The crook's
references appear to be key people in major industries. The referral's
recommendations are always glowing. It's a business scam that can cost you
money.
Start your "Due Diligence" research on the Net. Visit Netcheck at:
http://www.netcheck.com and the Better Business Bureau at:
http://www.bbbonline.org/consumers/safesurfing.html
Here are two websites that cover stock fraud.
http://www.endfraud.com/ http://www.financialweb.com/stockdetective/
You can use the Net to do a credit check on most people in the United
States and Canada. While most entrepreneurs have bad credit histories,
professionals should not be on the verge of bankruptcy.
If the professional is an attorney or accountant, check with the State or
Province to ensure that their license is current. Ask if there have been
consumer complaints against them.
Be careful with people who move often. Swindlers have to move every two - continued below ...
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continued ...
or three years because of complaints to the local Better Business Bureau and
County District Attorney's Consumer Affairs Office. Call both of these
agencies. Query the complains department. This should be your policy for
anywhere the person may have lived for the past ten years.
If your company is a startup, be wary of anyone willing to help you raise
risk capital from investors. A useful test is to have a business associate
contact the professional you are considering using. Have your friend seek
the professional's help for an unsound project. If the professional is
willing to work with your business associate's unsound project, be careful.
In the equity finance industry, anyone who will do any deal at all,
regardless of its quality is either stupid or a crook.
There are private investigators that specialize in researching business
services and individuals. If you have any reason to question the
qualifications, ethics, or experience of anyone you may consider relying
upon, use one of these business investigative firms.
To contact the author: Visit the Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit the Global Village Investment Club Website:
[http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]
About the Author
He has been the Managing Director of Beowulf Investments [http://home.earthlink.net/~beowulfinvestments/] since 1981 and is the Executive Director of the Global Village Investment Club [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]
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| _Additional Resources ... |
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Online Business Myths You Must Avoid - Hamad Kadmany
I am about to present to you some of the major myths, most online entrepreneurs encounter through their journey within that minefield, the online business minefield... Can YOU imagine what the average person, like you and me, face when searching...
The 37-Cent Career Design Secret - Pete Hill CPRW
There is one little practice that is vital to generating the interest of potential employers. It is critical, but very few job seekers actually do it. What is it? The THANK YOU NOTE! Interview experts agree that EVERY job hunter MUST send...
Real Estate Closing Costs Exposed - Mark Walters
Closing costs can come as a shock to anyone buying or selling real estate - especially to investors. Here's an explanation of the various expenses you must plan for: Down Payment Most lenders require a down payment of from zero to 20% for a...
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