Tag: biz-op
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FTC Business Opportunity Rule Takes Down Another Scam
The Federal Trade Commission just shut down a big e-commerce scheme that took millions from hopeful entrepreneurs. The case exposes how certain operators manipulated dreams of financial independence into a $12 million nightmare for thousands of consumers. As legitimate business opportunity providers, you must distinguish yourselves from these harmful practices. The FTC’s action demonstrates their…
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Scalable Payment Solutions For Biz-Op & MLM Merchants
We’re curious – what’s the first thing that comes to mind when you hear the words biz-op, mastermind or MLM? Most people would immediately say stuff like this: “Scam!” “Pyramid scheme!” “Fake so-called gurus!” It’s true that some consumers are very weary of merchants in the business opportunity industry. Why? It’s all because of…
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MLM & Biz-Op Companies: How to Overcome Merchant Account Obstacles
Multi-level marketing (MLM) companies, business coaches and other business opportunity (biz-op) ventures all face issues with getting approval for a merchant account. Banks and other payment providers are weary to work with these high-risk models. This is thanks to reputational damage caused by a few dishonest operators in the industry. Therefore, many merchants in this…
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