BBB: How it Works

By Josie Lynn


The Better Business Bureau which is known as BBB is an organization which was formed in 1912. It is a watchful organization which assures about the reliability of the company. There are many profitable or non-profitable companies in market which take money from consumer to provide services. Some of them provide timely services and earn reputation but some crooked companies which are promise to give service but their motivation is take once money and run away. The Better Business Bureau can be defined as watchdog to monitor several business organizations in United States and Canada. This organization helps consumers to take proper decision and support about selecting best company for their investment.

This hundred year old organization is approved by Council of Better Business Bureaus (CBBB) and many incorporated and governed regional BBB organizations are spread in the different parts of Canada and United States. They are always ready to provide consumer all of its collected information about the company from local and international marketplace. They maintain separate file for each organization in basis of consumer reports, market survey and other source of information. The main objective of this organization is to create a transparent and honest relationship between clients and companies. They also work as third party between company and client to solve any dispute or misunderstanding between companies and their clients.

BBB grading can decrease in case of two condition of "Type of Business" (0 to (-41)) category. Business may be grade as "F" for violation of law or materially misrepresent their services or products. Organization also concern with nature of services and products of the company. If organization finds that it is inherent and dissatisfactory for client, then they restrict their grade up to "C" for that particular company.

BBB accreditation is a great honor for companies. Accredited companies also can use arbitration and mediation services as well as logo of this company. But it is not an easy task. Companies should pass all the accreditation standards to become a part of this organization. The steps of accreditation standards are "Build Trust", "Advertise Honesty", "Tell the Truth", "Be Transparent", "Honor Promises", "Safeguard Privacy" and "Embody Integrity".

But still BBB provide lots of support and updated information about companies and their previous track records. In online website of this organization one can get details about business organizations and services. Member of this organization maintain a large database about each company. If company transfers their office, databases remain same to show track record of company.




About the Author:



0 komentar:

Posting Komentar