Lawsuits take your focus away from building the business, time consuming, cost money and time, and possible damage to business reputation.
Avoiding Legal Pitfalls means:
- Having appropriate plain language contracts
- Registration and maintenance of legal entities
- The importance of emails to create evidence if there’s a misunderstanding that could turn into a legal issue
- How response time sets the stage for a potential legal issue
- How to get the business ready to sell in the future
- Why training employees decrease litigation risk
How do you protect your business and avoid court?
Practical Legal Insights #1: Protect Your Business and Avoid Court
Unfortunately — and I say “unfortunately” because it is unfortunate — you need to operate your business as if anyone you come in contact with could be that one person who ends up filing a lawsuit against you. A lot of times it ends up being somebody that you probably would’ve thought, oh, that will never happen; not that person. But you have to operate as if anyone is that one person. Because I can guarantee you that through the life of your business, you will find yourself involved in a lawsuit at least once — breathe a sigh of relief — if not more than once.
Watch the full video to learn more.
How can I use email and text to protect my business?
Practical Legal Insights #2: Use Email and Text to Protect Your Business
Let’s say you have a customer who’s really upset and she ordered a product from you and it’s been delayed over and over again, and you need to make a phone call and have a conversation with her. So you do the phone call and figure stuff out, and now I’m asking you to send her a follow up email today — not tomorrow, not a week from now — because then that could turn into two weeks, a month, two months. You need to focus on getting that email off sometime today. It’s important for the timestamp.