“Slow down, you move too fast
You got to make the morning last
Just kicking down the cobblestones
Looking for fun and feeling groovy
Ba da-da da-da da-da, feeling groovy”
[59th Street Bridge Song
Simon & Garfunkel]
It might not be a great way to look at building a business, then again
it might lend a tad of truth to approaching how a new business needs
to be outlined before applying.
Slow Down …
The greatest misnomer to anyone excited about having their own
business, is buying the script. Then you pay your money and take your chances.
You are investing in you. Awesome! Realize, the script is the basis, not
the business. It is related to structure, not the operations.
Imagine the excitement of being able to earn an income that you get
to keep. Groovy kind of feeling huh? Enjoy it for the moment.
Fresh, naive, excited new owners are the first to feel the pain of the
rule makers. Who are these people and how do they have that right to
shut you down?
Begin at the beginning – your country – rules, statutes, licenses etc.
etc. The levels of government that will make up the permissions you
must have in order to operate a business where you live.
Dangerous Misnomer
‘Oh there is no need to worry about them. I own an online business
and there are no laws as to how I choose to operate that business.’
Of course, there are a few you do know about. The rules of belonging
to a large number of memberships. How you can or cannot use the
script.
Reality Time – How important are consumer laws?
Quote:
‘The laws Consumer protection is a group of laws and organizations
designed to ensure the rights of consumers as well as fair trade,
competition and accurate information in the marketplace. …
Consumer protection laws are a form of government regulation that
aim to protect the rights of consumers.’
Here is the one government appointed agency that oversees business
actions preparing reports and makes advisory recommendations to
proper government departments.
Bureau of Consumer Protection – FTC – Federal Trade Commission
Description:
The FTC’s Bureau of Consumer Protection stops unfair, deceptive
and fraudulent business practices by collecting complaints and
conducting investigations, suing companies and people that break the
law, developing rules to maintain a fair marketplace and educating
consumers and businesses about their rights and responsibilities.
About the Bureau of Consumer Protection
Jessica Rich, Director
The FTC’s Bureau of Consumer Protection stops unfair, deceptive
and fraudulent business practices by:
- collecting complaints and conducting investigations
suing companies and people that break the law
developing rules to maintain a fair marketplace
educating consumers and businesses about their rights and
responsibilities
We collect complaints about hundreds of issues from data security
and false advertising to identity theft and Do Not Call violations. We
use these complaints to bring cases, and we share them with law
enforcement agencies worldwide for follow-up.
In addition to the Bureau’s eight divisions, we have eight regional
offices — in Atlanta, Chicago, Cleveland, Dallas, Los Angeles, New
York, San Francisco, and Seattle — that help to amplify our national
impact and local presence, and allow us to respond better to the
diversity of the U.S. marketplace.
The Federal Trade Commission enforces a variety of antitrust and
consumer protection laws affecting virtually every area of commerce,
with some exceptions for banks, savings and loans, federal credit
unions, insurance companies, and common carriers such as airlines.
The agency leverages its resources and targets its enforcement efforts
at practices, that cause the greatest harm to consumers.
You will find tons of links to more of what they do and who they are.
Where their authorities come from and how far reaching their
published reports can go (Congress for one).
In what I have published, so far, the point has been to make sure you
understand there ARE rules, there ARE Statutes and there ARE laws
we all must follow if so much as one action we take affects consumers.
I have read many times, what do we call our members? Affiliates,
herd, associates, or other ideas.In real time, they are CONSUMERS.
I put Consumers in caps in order that no matter your business
model, if it sells any form of product or service, your clients are
CONSUMERS by law.
PayPal – the nerve of them!
In this last posted link you will find the answer to why PayPal cannot provide
you with the details you want.
Quote:
All FTC investigations are non-public. If a company itself announces
that it is the subject of an FTC investigation, we can confirm that fact.
However, we can’t discuss complaints about specific companies or
the status of ongoing investigations.’
The complete quote and details can be found in that last link.
Does this apply to PayPal, to Payza and other payment processors?
You bet it does! Are these payment processors under constant watch
by the FTC and its agencies? Bet your bottom dollar they are.
IF any of them are guilty of providing you service and you are not a
legal operating entity then they must cease and desist services to you
until such time as you comply with FTC rules and regulations that govern
them as well.
IMHO… If Paypal cannot tell you the reasons why then they too are
subject to non-disclosure rules. Your business is ONE of thousands.
in the Traffic Exchange Industry. That means everyone is under
ongoing investigations.
I think that opinion is well supported by how many Traffic Exchanges
have been affected to date.
Under this last provided link (above) you will find headers that cover
social media, blogs contests and more.
Every header on these documented pages will provide you with areas
of concern, that will require immediate action on your part to take
some sort of action on.
LOOK for the next post on one I posted in FransFrantic room in
Skype. ALL of those points are a must that should be on your sites
and pages accordingly.
That post will also provide you with links to forms you can use to
create the correct forms of each one. VERBIAGE – how you say
something, must be so clear it cannot be assumed to mean anything
but what it says. ACTIONS Must be in compliance with all statements
you are required to post on your site.
This post and its contents have been done to provide you with an
understanding of how your business needs to be structured and the
policies necessary to legal consumer operations are properly
addressed.
Those operational policies come from a legal entity, the FTC or
Federal Trade Commission. They are not the only one but for now,
they are the one who can cause you the greatest grief, whether by
agencies such as PayPal or themselves in taking further action
against you as an individual or against the total entity they refer to as
the Traffic Exchange model.
© 2016 – 2018, Fran Klasinski. All rights reserved. on republishing any parts of this post, you must supply a link to the original post
