The greater company Bureau can be a nonprofit, but behind the scenes it is a money-making device — squeezing a lot of money away from companies in return for its coveted stamp of approval.
That approval, referred to as “accreditation, ” does not come inexpensive. In 2013 alone, the company raked in almost $200 million in income — nearly all of which originates from ab muscles companies it oversees, according up to a CNNMoney analysis of IRS filings through the Better Business Bureau’s 102 U.S. Bureaus and office that is national.
In which the money originates from: a source that is self-proclaimed of and impartial reviews of millions of companies around the world, the Better Business Bureau gets the majority of its income from account charges compensated by thousands and thousands of organizations. (altro…)