Keep Your Business Lawsuit Free
As a business owner, it’s your responsibility to do everything within your means to limit risk and to keep the business running smoothly. But how does one go about limiting the possibility of a lawsuit to ensure business continuity?
1. Watch what you say and do First of all, when it comes to your business image, owners and their employees should avoid making any public announcements or conducting any business that might be considered questionable.
2. Hire a competent attorney Business owners should interview attorneys when they first start up, in order to have a ready legal contact. You may need this person to advise you before you act or on how to react when you’ve been sued.
3. Separate yourself from your business Many business owners own and operate their businesses as sole proprietorships. The only problem with this is that in the event the company is sued, the owner’s individual assets (such as their cars or home) are fairly easy to attack or attach in a court of law. Read more…