When a business is hit with a big lawsuit, it can kind of feel like a bolt out of the blue. But in truth, these situations are always avoidable. Unless you’re being hit with a phoney lawsuit that’s bound to fail, there’s always a reason for you finding yourself in the situation you’re in. The trick is to act wisely, be careful and ensure you never allow yourself to be hit with a completely unnecessary lawsuit. You should read on to learn more about this.
Think Before You Libel
It’s always best to think before you speak, and it’s particularly important when you’re speaking for the business and talking about other people or organisations. For slander to libel, there are many ways in which you can get hit with a lawsuit if you say something that has no basis. These days, people won’t hesitate to sue, so you should always be careful with your words.
Work With a Lawyer You Trust
Every company should have a lawyer that they work with closely and who understands the business inside out. Of course, you don’t necessarily need to hire an in-house lawyer, but that doesn’t mean you shouldn’t find one and work with them continually. It’s a good idea to do this because it means you can call on them whenever you need to, and they won’t need to take time to learn about the company before taking action.
Keep Contractual Agreements Clear
When you agree a contract with an employee, a contractor, a supplier or a partner company, you should always make sure the terms are as clear as they can be. You don’t want to end up in a court wrangling because of an ambiguity in the contract. This is where good professional legal guidance will really serve you well and prevent you from making mistakes.
Ensure Your Employees Are Properly Trained Before Work Begins
One of the ways in which your business can be hit with a lawsuit is if someone gets hurt working for your company. You should make sure people are give proper protection and most importantly, given proper training before they start working for you. They should have their forklift licence before they start driving a forklift, for example. It’s stuff like this that shouldn’t be overlooked.
Keep Records, and Keep Them Secure
Your records can protect you if you ever do get hit with a fraudulent lawsuit. If you can prove everything that you’ve done and all the documents that have been signed and agreed, it will prevent anyone from being able to win a lawsuit that they shouldn’t be able to win. As well as keeping these records, you need to keep them safe and secure at all times.
No business owner wants to put their entire enterprise and future at risk by getting sucked into a legal battle that never needed to happen in the first place. It’s up to you to make sure that this doesn’t happen because it really is in your hands. There’s no reason why your business ever has to be hit with a lawsuit if you tread carefully.
Want to learn more?
- Just starting out? CLICK HERE
- Been working in your business for two years or more? CLICK HERE
We’re here to help you to take action just like we’ve helped thousands of other entrepreneurs, business owers and creative professionals all around the globe.
Now is the time to let your passion SHINE.
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To your success,
Vinh Van Lam & Stuart Horrex
Your Creative Coaches @ CoSydney & ArtSHINE industries
