From the category archives:

Insurance

Lawsuits and Your Business

by Tim on January 15, 2010

Lawsuits Are a Cost of Doing Business
When you start a business, you must understand there is a risk you will get sued as a result of the business’s operations. Whether it’s a vendor suing because you haven’t paid an invoice, an employee suing for wrongful discharge, a customer suing because your product or service [...]

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When you think about protecting your business and reducing unnecessary risk, you should think in terms of layers.  No single layer can eliminate all risk, but by using multiple layers, you can eliminate as much unnecessary risk as possible.
A business owner can reduce risk by intelligently drafting his or her contractual agreements with co-owners, vendors/suppliers, [...]

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