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Courting Disaster – Small Business Lawsuits By Matt Teeple

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If you own a business, protecting yourself from legal action should be at the top of your priority list. The number of small businesses facing lawsuits is steadily increasing, and the consequences can range from crippling financial losses to personal liability for owners – even if they don’t realize it. Thus, understanding how best to minimize risk becomes critically important for entrepreneurs. According to Matt Teeple, while taking preventative measures is preferable to be faced with a lawsuit, staying informed about how common legal issues arise can help protect business owners who find themselves in court unexpectedly. Matt Teeple On Courting Disaster – Small Business Lawsuits When it comes to small business lawsuits, there are several areas of legal concern that entrepreneurs should be aware of, says Matt Teeple. First, businesses need to understand the concept of liability. Liability is when one party (usually a company or individual) is legally responsible for any harm ca