1 Simply Way to Protect Your Small Business From Lawsuits

Lawsuits are expensive and stressful. Thankfully, we can take steps to protect our small businesses from lawsuits, fines, fees and other drains on the money we make from selling our products and services.

Get organized. Yes, we are busy. We are running a business full-time, or for some of us, we are working full-time and running and business in our free time. Either way, time is limited. But not being organized is one of the easiest ways to set yourself up for paying unnecessary fines, fees and penalties. It’s also a surefire way to put your business at risk for lawsuits. When we’re disorganized, we miss deadlines. We may fail to meet our client’s expectations. We make careless mistakes.

FIRST, set aside an hour a day to work on getting organized

NEXT, choose an area that really needs your attention. When is the last time you filed your paperwork or made sure your digital files were stored in a way that makes it easy to find what you’re looking for?

THEN, create a recurring appointment on your calendar to block time to devote to this particular task. For the next 30 days, just focus on this one task. Try not to overload at the start.

FINALLY, track your progress. How easily can you locate the information you need when you need it? Are you better able to track your deadlines and due dates? Give yourself credit for the progress you’ve made with limited time.