Friday, March 31, 2023
  • Home
  • Contact Us
lld-law
Advertisement
  • Home
  • Law
  • Identity Theft
  • Criminal Law
  • Trademarks
  • Property Law
No Result
View All Result
lld-law
  • Home
  • Law
  • Identity Theft
  • Criminal Law
  • Trademarks
  • Property Law
No Result
View All Result
lld-law
No Result
View All Result
Home Law

Four Important Tips to Protect Your Business from Legal Liabilities in London, KY

Heidi Omalley by Heidi Omalley
March 22, 2022
in Law
0
Four Important Tips to Protect Your Business from Legal Liabilities in London, KY
589
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

When you own a business, you are susceptible to different kinds of claims from clients, consumers, and other businesses. This is the reason you must ensure your business has proper insurance. Your business could close down due to payouts for liability claims if you don’t have enough insurance coverage. Also, it is important to have an attorney in London, KY you can trust. A great attorney will fight for your company’s rights. To avoid legal liabilities, here are some tips to consider:

Watch Your Actions

As a business, you need to maintain a positive image. Because of this, you must avoid making public announcements or doing questionable business. This includes slanderous or libelous statements and doing business with fraudulent individuals. Also, it is important to reduce possible conflicts of interest. 

Hire an Experienced Business Lawyer

When you start up a business, meet with some lawyers to have legal counsel to contact whenever necessary. You may require legal advice before you take a business-related action or get information on the steps to take when you face a lawsuit. 

Choose a lawyer who knows the London, KY laws and customs and has extensive experience in the business field. If you expect legal challenges from the tax department, you may want to hire an attorney who is familiar with taxation. 

Separate Your Personal Finance from Your Company’s Finances

Operating a business as a sole proprietorship can be problematic when your company is sued due to your individual assets. To limit the potential of your personal assets being a target of a lawsuit, consider having your business owned by a trust. When your trust-owned company faces a suit, only the assets in the trust can be attacked. 

In addition, you can also consider incorporating to separate the finances of your company from your personal finances. With this, your personal wealth will be safe from attack should you lose your business in a judgment. However, this requires you to understand and stay abreast of the additional laws, taxes, and reports required for a corporation. Thankfully, a competent business lawyer can make this aspect easier for you. 

Purchase the Right Insurance Coverage

Every business must buy liability insurance, which could save you from paying thousands of dollars out of pocket when someone successfully files a claim against your business. Also, you can consider getting errors and omissions insurance to protect your business when a client or customer accuses you of making an error or failing to live up to a business contract. 

Heidi Omalley
Heidi Omalley
Previous Post

Five Common Causes of Toothaches that Warrant a Visit to Your Family Dentist in Dacula, GA

Next Post

Three Dental Issues that Warrant an Appointment with a Family Dentist in Fishers, IN

Heidi Omalley

Heidi Omalley

Next Post
Three Dental Issues that Warrant an Appointment with a Family Dentist in Fishers, IN

Three Dental Issues that Warrant an Appointment with a Family Dentist in Fishers, IN

Archives

  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019

Categories

  • Criminal Law
  • Featured
  • Identity Theft
  • Law
  • Law Firm
  • lawyer company
  • Legal Process
  • Personal Injury Lawyer
  • Property Law
  • Trademarks
Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
   ARIAL SAMADI v. ALEX OJJEH

  ARIAL SAMADI v. ALEX OJJEH

January 12, 2021
How To Get An FBI Background Check In One Week

How To Get An FBI Background Check In One Week

October 28, 2020
What To Do If You Are Not Getting Paid For Overtime?

What To Do If You Are Not Getting Paid For Overtime?

November 18, 2021
E-Discovery

What is E-Discovery & How Does it Work?

February 10, 2022

The Five Main Types of Industrial Robots

March 11, 2020
Walking Into School – Walking Into School is step one in a really Extended Road

Walking Into School – Walking Into School is step one in a really Extended Road

0
Lemon Laws and regulations and rules Are Relevant For Cars Designed For Resale

Lemon Laws and regulations and rules Are Relevant For Cars Designed For Resale

0
The “New” Personal personal bankruptcy: How Modifications in regulations Affect Your Filing

The “New” Personal personal bankruptcy: How Modifications in regulations Affect Your Filing

0
Vallejo Divorce Firms — Making Divorce Economical

Vallejo Divorce Firms — Making Divorce Economical

0
Why An ID Thievery Report Is Important

Why An ID Thievery Report Is Important

0
What Should You Do With Car Accident Attorney?

What Should You Do With Car Accident Attorney?

March 20, 2023
A Compendium of the Most Effective Tactics and Guidelines for court reporting Honolulu

A Compendium of the Most Effective Tactics and Guidelines for court reporting Honolulu

March 18, 2023
Finding The Right Divorce Lawyer

The Dos and Don’ts of Finding an Immigration Lawyer in Vancouver, BC

February 24, 2023
Whiplash Injury in Scotland: Causes, Symptoms, and Treatment

Whiplash Injury in Scotland: Causes, Symptoms, and Treatment

February 23, 2023
Odometer Tampering: What You Need to Know? 

Odometer Tampering: What You Need to Know? 

February 22, 2023

Advertisement

Latest Post

What Should You Do With Car Accident Attorney?

What Should You Do With Car Accident Attorney?

March 20, 2023
A Compendium of the Most Effective Tactics and Guidelines for court reporting Honolulu

A Compendium of the Most Effective Tactics and Guidelines for court reporting Honolulu

March 18, 2023
Finding The Right Divorce Lawyer

The Dos and Don’ts of Finding an Immigration Lawyer in Vancouver, BC

February 24, 2023

Featured

Calendar

March 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Feb    

Copyright © 2019 lld-law.com | All Right Rserved .

No Result
View All Result
  • Home
  • Landing Page
  • Buy JNews
  • Support Forum
  • Pre-sale Question
  • Contact Us

Copyright © 2019 lld-law.com | All Right Rserved .