1. Do your homework
Before you sign a contract with a supplier, make sure you do as much research as possible by looking up the company on the internet and with local authorities, chambers of commerce, etc.
2. Check for testimonials and reviews
Try to look up some testimonials or reviews from previous customers who have worked with this supplier before to see if they’re reliable. If they’re have an official website or social media page, then it’s easy to see what people are saying about them online. On their website or social media page, they should also provide information on how to contact them if you have any questions or concerns. If they are not willing to provide this information, then proceed with caution as it could be a scammer trying to take advantage of people in need of goods or services!
3. Read through the contract carefully before signing anything
There should be no blank spaces in the contract where anything can be changed later on without your knowledge. Also make sure that all terms are clearly outlined in the contract so there are no surprises when the deal is done! Try reading through all of the terms and conditions of each item within your order such as shipping costs, order delays or cancellations etc… This way you will know exactly what you will be paying for before agreeing to anything! If anything seems unclear or not right don’t be afraid to ask questions! You want everything to be clearly outlined so there won’t be any confusion later on down the road!
4. Don’t rush into anything
If something seems too good to be true, it probably is. Scammers often make you feel like you are the one taking advantage. It is always best too give yourself extra time. Don’t rush into signing anything or paying for anything unless you are 100% sure that the other party will fulfill the deal. If there is a possibility that the other party will keep your money and don't deliver the product, that's a red flag that you shouldn't ignore.
5. Find someone with knowelege that can help you
Specially if you are new to the business, or if you have doubts, contact your local chamber of commerce, your bank, or even better, hire the services of a company that can take care of the transactions for you. Commerce isn't something new and there are many systems in place to avoid being scammed, but if you don't know these systems, you can become a victim.
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