4 Ways to Protect Your Business From Lawsuits
When you own your own business, you’ve poured your heart and soul into making it a success. In today’s litigious society, most business owners are terrified of lawsuits, and want to protect themselves in all ways possible. Just one lawsuit, especially when it involves personal injury or other public-image-heavy incident, can be enough to take down even the most established business. If you have invested your whole life into making your enterprise grow, you should do your due diligence to safeguard it from costly lawsuits.
There are many different ways to protect your company, but only a qualified Houston business attorney will be able to advise you on the best course of action for your circumstances. However, here are a few things to keep in mind, when you are hoping to avoid legal trouble:
- Watch your words and actions
This may seem like a no-brainer, but too many businesses get themselves in trouble with public statements, press releases, or collaborating with other companies with less-than-stellar reputations. Make sure you only allow certain individuals to speak in public or represent you, don’t talk about controversial issues, and always do your homework on all companies and individuals that you may do business with.
- Have airtight paperwork
In the court of law, it’s often the fine print that will hold up, and this may either save you or be your downfall. Make sure that all of your documents, from employment contracts to purchase agreements, are tailored to your business and written in a way that protects you. A qualified business attorney will be able to create contracts you can count on.
- Train your staff
Whether your company is large or small, it’s imperative that your employees are well trained and they understand their rights and responsibilities. Take time to shore up your employee manuals, as well as your online and in-person trainings, and perform routine check-ins to make sure that morale is high and people are representing your brand effectively.
- Be committed to safety
Many lawsuits aimed at businesses involve personal injury, and the best way to avoid them is to prevent injurious circumstances in the first place. Stay up to date on your safety inspections and regulatory compliance. Maintain a clean and safe work environment. Hire outside help for risk management and workplace safety, if necessary. This is especially important in the restaurant and hospitality industries.
Want to learn more ways to safeguard your business from legal threat? Reach out to us at Sutherland Law today and request your free consultation.