5 Common Scams Targeting Small Businesses

As a small business owner, you're busy running your company. Scammers know this and use it to their advantage. They target small businesses because they often have fewer security measures in place and employees who are focused on serving customers, not spotting scams.

1. Fake Invoice Scams

Scammers send fake invoices that look like they're from real vendors. They count on you paying without checking.

How to spot it: Check the sender's email address carefully, verify the company exists, and call the vendor directly using a number you find online (not one on the invoice).

2. Phishing Emails

Emails that look like they're from your bank, software provider, or even your boss asking for sensitive information.

How to spot it: Look for urgent language, spelling mistakes, and requests for passwords or account numbers. Never click links in unexpected emails.

3. Tech Support Scams

Someone calls claiming to be from Microsoft, Apple, or your internet provider saying your computer has a virus.

How to spot it: Legitimate tech companies don't call you out of the blue. Hang up immediately and call the company directly.

4. Social Media Impersonation

Scammers create fake social media accounts pretending to be your business to trick your customers.

How to spot it: Monitor your business mentions online and report fake accounts immediately.

5. Payment Processing Scams

Fake companies offering "better" credit card processing rates that actually steal your money.

How to spot it: Research the company thoroughly, check for reviews, and never sign contracts under pressure.

How to Protect Your Business

"I thought I was too small to be targeted. Turns out I was wrong." a real customer

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