Everything has some level of detail, this includes running a business, and it may be that these levels are important. In many cases they must be acknowledged in a timely manner. For example what about a safety recall? You can’t always depend on getting the email or the letter in the mail for that matter. Many things can happen in life that make sure that you don’t receive the notice or pay attention to it. So to make sure you don’t miss any changes in legislation it might be wise to read the news online or otherwise.
When it comes to home business programs, there are often a lot of changes so you should be sure that you check in often to see any notices that are posted so that if you need to do something you will do it on time. Occasionally this can actually be something critical.
You should know that there are times when either your own business or the company you work for is doing just what it promises for the membership, they are paying on time, etc. There may seem to be no indication anything is amiss. The point is to try to keep up with any changes in the world of business, you can do this easily online or through offline magazines or press. The government can and does introduce changes and if you fail to comply within a certain amount of time they make take a certain amount of interest in you or the company you work for.
I know this sounds quite scary but a little common sense is all you need, talk to other business owners or look online for forums, or sign in to the government sites, they really don’t want to put you out of business, it won’t do them any good at all.
Even if the company that you work for does fail to comply with any changes it may take them a while to get the evidence together and in the meantime the company and members are still just as happy as pie and are clueless. Then the ball drops and you start to read negative things about the company which may start to impact sales and eventually escalate into criminal charges.
So far the member still hasn’t lost anything and probably doesn’t understand terminology like ‘Ponzi scheme’. Here is what can happen though that will impact the members. The government may decide to either just plain shut the company down and block any further transactions in or out. Or they could go so far as to confiscate the assets of the company including any money that innocent members have in their accounts at the company.
You can follow the case for years, contacting the company’s lawyers or the government entity. You will likely never see even a penny on the dollar of your money back because it will all be spent on legal wrangling and fines. So the point is when you hear about serious trouble it is time to go. (after confirming it is not just a vicious rumour). Be thankful for whatever money you were able to earn and just move on.