Business owners must prepare for disputes that could lead them into court since litigation is the only possibility for settling certain issues. However, there are four common types of business disputes that lend themselves to resolution through mediation. About...
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What are arbitration clauses?
If you have read or skimmed through a business contract these days, the odds are that you have read a clause involving the term “arbitration.” Many people do not know what these mean and why they are in business contracts. Arbitration clauses serve a useful purpose in...
Prepare yourself and your business for potential lawsuits
Small businesses do not have all the protections that large corporations enjoy in the event lawsuits threaten. That said, you can protect yourself and your business with some advanced planning that will save you from potentially damaging litigation. Consider your...
How can you train your employees to recognize phishing scams?
In business, you have an obligation to protect employee, client and company data. If personal information becomes compromised, the individuals affected could hold you liable. One of the most common ways for cybercriminals to access personal data is through the use of...
Can businesses prevent unethical conduct?
Owning a company means you rely on your employees to act with dignity. Their conduct can reflect on your organization's brand, image and competitiveness. The uncertainty of knowing how your employees will act may create stress. Knowing some strategies for preventing...
How can you avoid malware on your company computers?
You have to maintain optimal security when it comes to your business's computer network. Without security, customer, employee and company data becomes compromised. If you do not put forth adequate protections, you could become liable for any data breach or data loss...
How can you protect personal data on your company’s system?
Nowadays, most businesses store information on their local and cloud-based systems. Like most companies, you probably store personal information for clients and employees. You need a data security plan to protect your business against potential litigation for a data...
How do arbitration and litigation compare?
When going through a dispute either with a partner, a contractor, or anyone else, the question of how to handle the issue will undoubtedly come up sooner rather than later. Though many people associate business disputes with litigation, is this the only answer? The...
What role does a mediator play?
When going through a divorce, even an uncontested one, it is highly possible for arguments and disagreements to break out. This is why it is important to have guiding forces lending a helping hand. Mediators often fill that role for divorcing couples. But what...
The importance of having an employee contract
As a business owner, you face a number of potential liabilities. Employees are a common cause of legal issues, but there are ways to minimize them. No matter what size business you have, you should have a detailed contract that employees sign. This outlines...