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Business & Investment in Uganda
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Dec 05, 2025 10:24 am
How do I avoid fraud when starting a business?
1 Reply
Dec 05, 2025 10:45 am
You can reduce fraud risk by:
- Doing background checks on partners and suppliers
- Signing proper contracts
- Avoiding cash-only transactions
- Registering your business properly
- Keeping good records and receipts
- Using licensed auditors or accountants
- Avoiding deals that “look too good to be true”
Always verify documents and ownership before paying for anything.
