The Better Business Bureau (BBB) since its founding in 1912 has proven that the mass of marketplace problems can be solved fairly through using voluntary self-regulation and consumer education. The BBB system is a private, non-profit organization created to monitor and report marketplace activities to the public licensed by the Council of Better Business Bureaus and governed by their own local Boards of Directors. The BBB in the United States extends across the nation, from the coast of Hawaii, to Alaska, and Puerto Rico.
Their mission is to promote and foster the highest ethical relationship between the public and businesses through consumer and business education, service excellence, and voluntary self-regulation. The Better Business Bureau today is supported by more than three hundred thousand local business members nationwide, dedicated to fostering fair and honest relationships between consumers and businesses, encouraging consumer confidence and contributing to an ethical business environment.
The Better Business Bureaus core services include:
Business Reliability Reports
The business reliability reports allows finding reports and information about a specific company that one may be looking for.
Dispute Resolution
The BBB system makes the results of its different dispute resolution programs publicly obtainable in the confidence that such transparency will help consumers and businesses assess the value of the Bureaus services.
Truth in Advertising
The Better Business Bureau system since its founding in 1912 has made advertising self-regulation a part of their mission. During that time, misleading and fraudulent advertising and the lack of any effective regulation led to BBBs formation, for the purpose of promoting truth in advertising. Until today, review and voluntary correction of local advertising is till a core service offered by the bureau.
Consumer and Business Education
The Better Business Bureau also has a program that promotes consumer and business education through online education forums such as Identity Theft, Understanding Privacy, e-Exporting, GetNetWise, and Online Shopping Tips, all of which greatly helps in the improvement of consumer and business education.
Charity Review
The BBB Wise Giving Alliance gives reports on nationally soliciting charitable organizations that are the subject of donor inquiries. These Alliance reports include an evaluation of the subject charity in connection to the voluntary BBB charity standards. It also offers guidance to donors on making informed giving decisions through their various tips publications, charity evaluations, and publishes quarterly Better Business Bureau Wise Giving Guide.
The purpose of the Better Business Bureau is not to act as an advocate for businesses or consumers, but to be a mutually trusted intermediary basing neutrality to resolve disputes, facilitate communication, and to provide information on ethical business practices. The bureaus integrity is based on public trust of being a neutral third party that they have held for over eighty years.
Council Of Better Business Bureaus
A good place to look is the Better Business Bureau. You can find them at www.bbb.org. Some things to consider when looking up a company report:
* Is the Company Listed? - If not, that should be a big red flag. They are either too new, are flying under the radar so as not be noticed, or they aren’t a registered company.
* Complaints Ratio - Compare the number of complaints to the company's customer-base they are servicing. If the company has a high rate of complaints, more than 5% of its customer base, then they have a customer service problem. Less than 2% to 3% is an acceptable range. There will always be customers, for some reason or another, that are never satisfied. You’ve probably dealt with some.
* Resolution of Complaints - How many complaints have not been resolved? This indicates if a company makes an effort to resolve customer issues.
* Rating - What type of rating has the BBB given this company? An unsatisfactory record means that the company has demonstrated practices that are misleading or deceptive, or it has failed to cooperate in efforts to resolve consumer disputes. A satisfactory record means the company has cooperated with the BBB to resolve consumer disputes and is not involved in practices that could be considered misleading or deceptive. The company must also be free from an unusual volume or pattern of complaints, as well as any law enforcement action involving its marketplace conduct.
The Better Business Bureau states, "The mention of complaints in a BBB report is not necessarily negative. The finest businesses get complaints. Look for statements about the causes of the complaints and if the complaints are being resolved. When considering complaint information, please take into account the company’s size and volume of transactions, and understand that the nature of complaints and a firm’s responses to them are often more important than the number of complaints."
Bottom line – Do your homework. Give the company a fair review. Make sure you feel good about doing business with them.
Both T J Madigan & Brad Stone are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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