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Lawsuits can happen at any time and they can also be devastating to your business. You may find that you lose your entire business over it and you may even find that you end up with bills that you just can’t afford to pay. Even if you win, the duration of the battle and even the lawyer fees that you have to pay are probably enough to make it hard for you to ever make a comeback, but the best way to avoid all of this is to avoid being sued altogether.
Everything in Writing
The first thing that you have to do is make sure that you put every possible transaction in writing. This is even the case if you are working with friends and people who you trust more than anything else. Things that you have to put in writing include any agreements, past contracts and even financial payments that you have made. This is especially the case if you have paid cash, because if someone comes forward and states that they have not been paid by you and you have no record of this then this can cause serious problems for you.
Invest in Payroll
When you outsource your payroll services to another provider, such as Payroll.Services, you’ll soon find that they handle all of your payments and they will also make sure that your employees get paid on time and that you have records of it. This is ideal if several of your employees team up and try to make a case against you regarding your wage payment or anything else similar. It also helps to keep a record of any hours that your employees have worked as well, so these can be used in conjunction with your payroll to create a bigger picture.
When you do have legal documents, such as contracts or even employee hiring rules, you have to make sure that they are simple. If they are not simple then this opens up a huge room for error and misinterpretation. Even though the document may look to be in black and white to you, it helps to have a lawyer look over the whole thing for you so that you can get the whole thing set in stone so that it is completely solid. This will save you a lot of time in the future and if you do this for every document you have then you can reduce the chances of there being any problems in the future by a considerable amount.
Hire a Lawyer
The last thing that you need to do is make sure that you hire a good lawyer. When you do hire someone, make sure that they are experienced in helping businesses and also make sure that you understand their rates as well. When you do this, you can then have a clear picture of how things work and what is going to happen if you do ever get sued in your business as well. It also helps to know if they charge by case or if they charge by the hour, so you can make a confident