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Thinking of an online business? Read this first

BySUCCESS MENTOR

May 28, 2025

ONLINE JOBS IN KENYA

This is excellent advice for anyone considering an online business, especially in a region where scams can be prevalent. You’re highlighting crucial due diligence steps. 

Critical Due Diligence: What to Verify Before Diving into Online Business 

Before you commit your time, money, or even personal information to an online business opportunity, it’s absolutely crucial to do your homework. In the digital landscape, not everything is as it seems. Here are key factors you must consider to protect yourself and ensure you’re joining a legitimate and sustainable venture:

 

1. Physical Presence & Training (Seeing is Believing):

    Don’t be swayed by glossy websites or promising links alone. Prioritize companies that have a verifiable physical office location. Furthermore, insist on attending a **physical training session**. This hands-on experience allows you to assess the professionalism, resources, and genuine nature of the company and its offerings. Remember, if you can’t see them, it’s a significant red flag that could lead to losing more than just money – even your social media accounts could be at risk.

 

2. Company Longevity & Market Presence:

    Investigate the company’s track record. How long has it been operational? A longer period of existence in the market generally indicates stability and experience. New companies aren’t inherently bad, but those with a proven history often offer more reliability and a tested business model.

 

3. Product and Services Legitimacy:

   roughly understand the products or services being Thooffered. Are they tangible and of real value? Do they solve a genuine problem or fulfill a clear need? Be wary of opportunities where the focus is solely on recruiting others rather than on a solid product or service.

 

4. Government Registration & Compliance:

    A legitimate business, especially one operating in an online space, must be properly registered with the relevant government authorities. Request and verify their government registration number This is a fundamental step to confirm they are operating legally and are accountable.

 

5. Tax Compliance:

    A responsible and legitimate company pays its taxes. Inquire about their tax compliance status. This shows they are contributing to the economy and operating transparently within the legal framework.

 

3 thoughts on “Thinking of an online business? Read this first”
  1. Wow wow great insights into the digital world especially when choosing an online platform to be part of. Anyone who fails to get knowledge on how to do something right pay with their investment for their ignorance. Thanks for sharing. Keep sharing such insightful posts.

  2. Wowowowowow this message is very powerful many people just engage in online business without considering this key factors therefore they end up loosing their money .This message has open up most people to understand about online businesses.

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