Starting a business is no simple task. It takes money, planning, time, effort, more money, fine tuning, and gumption. Unfortunately, business owners can let all that they’ve worked to accomplish be put at risk if they’re not ready to withstand, fight, and pay for lawsuits.
Whether it’s a contract dispute from a vendor, a customer slip and fall, or a wrongful termination case, being on the receiving end of a lawsuit can be a nightmare. However, if a business is properly insured and ready to manage their public image, even unwinnable lawsuits can be weathered with minimal disruption to revenues and profits.
