I read a really good article on this topic at Microsoft's Small Business Center called "7 ways to protect your business from a lawsuit" . This really speaks to what we probably have thought and talked about but unfortunately is not on the forefront of our business mind. Many business owners I talk to do not have much time other than thinking about increasing sales and decreasing costs. Great, but what is it all about if it can all be taken away in an instant.
In our daily life it seems common to talk about prevention. We brush our teeth to prevent cavity. We try to exercise and eat healthy to prevent major health problems. Why not practice this same philosophy in business?
We know that we should have everything in writing. We also talk about getting everything reviewed by attorneys to protect ourselves. We talk about surrounding ourselves with experts to help us make sound business decisions.
I believe people try and would like to do better in this area but how can a business owner fit this into their time and budget?
There are some free resources out there but you may want to check out:
Employment Law Assistance page from the City of Union City Website
Human Resource Tools page from the City of Union City Website
Legal info from www.score.org
Pre-Paid Legal's business consulting arm www.gosmallbiz.com
