- If you want to be safe from claims and debts, have separate accounts for your business and personal finance.
- If you have employees get personal injury insurance cover for them.
- Remember, you can use the internet to build your reputation online, and at the same time, it can bring the business to its knees.
Gerenciar uma empresa não é uma caminhada no pacote, pois um erro pode levar à sua queda. Mas então, conforme você expande, esteja pronto para enfrentar vários desafios e riscos. Como proprietário de uma empresa, você enfrentará diferentes reivindicações tanto de seus clientes quanto de outras empresas. Por esse motivo, você precisa ter medidas adequadas para ajudar. Do contrário, você pode ir à falência e não ter para onde recorrer. Leia e entenda cinco dicas para proteger sua empresa de responsabilidades.
XNUMX. Work with A Business Attorney
Hiring an attorney is generally expensive and maybe beyond your budget. But then, if you’re in a fix and about to lose your assets work with one. This is because the outcome may work against you making higher losses than if you’d hire an attorney.
But it’s advisable to hire an attorney from the pre-launch phase while making setup contracts. Let them walk with your business when opening bank accounts, documenting files, and anything you feel is necessary. If possible, contact them before bringing in any change to your business, like introducing new products or locations. But ensure you work with a business attorney that understands their work and can help without pressure.
XNUMX. Have Different Accounts for Your Finances and Work with The Correct Business Entity
If you want to be safe from claims and debts, have separate accounts for your business and personal finance. Mixing the two can increase your risk of losing your hard-earned money, which was not part of the company. Remember, most litigation attorneys are out to benefit in their legal actions. If you’re a sole proprietor, ensure you have a different name for the business too.
Having separate accounts and identities will help you when in debt since they’ll view your business as a private entity. Also, avoid working with the wrong business entity as that can interfere with your liability insurance cover. If your business is a partnership, let it be so since there are different covers for each type of entity.
XNUMX. Choose A Quality Insurance Coverage
Settling for business insurance cover can be challenging if you don’t know which one will work for you. But it’s best to work with the insurance coverage you fully understand. Identify the risks your business is likely to face before settling for cover. If you have employees get personal injury insurance cover for them. If they get injuries at work, their medical expenses and any other fee are well taken care of.
Also, get a private property damage cover. It can help you if there’s a damage of goods during delivery to and from your premises. But ensure you train your employees on necessary measures to avoid things like accidents since insurance companies don’t pay for negligence on your side. If you’re renting the business premises, work with tenant insurance in Montreal to protect your assets and liabilities. Note that you should reassess your business insurance covers annually as things change and work with the best insurance agent.
XNUMX. Be Careful on The Things You Say and Do
If you’re in business, you should be vigilant with what you do and say, especially now that there’s the internet. Remember, you can use the internet to build your reputation online, and at the same time, it can bring the business to its knees. The internet never forgets if you mishandle one of your customers and they get to post it online, the information will be there forever.
Be careful about how you handle your employees and what they do. Some may post negative information regarding your business attracting legal actions. The negative comments can also draw the media’s attention, something that will take you time and money to defend.
XNUMX. Protect Your Business Data
The rate at which hacking or cybercrime is increasing is a cause for worry for any business. So, as a business, take the necessary measures to protect your data and customers from attack. If you don’t do that, your business may face charges from clients in case of attack. With proper data protection, you’ll win the trust of your customers. To achieve this, backup your data, scan for viruses, and remove the client’s data when they request it.
Ignoring some of the simple things is what can cost your business. Ensure you have the right insurance coverage, work with a lawyer, and don’t mix business finance and yours.
Fonte da imagem em destaque: Pexels.com