Free Articles - Table of Contents
Business Matters
Deducting the Business Use of Your Home
Should You Incorporate Your Business
Human Resources
ADA Protects Employees with Cancer
Update Social Security Number Verification for Employers
The Dangers of Employee Internet Use
The Hazards of Resume Screening
Real Estate
Landlord/Tenant-Insurer May Sue for Fire Damage
Miscellaneous
Good News For Those Who Struggle With Legal Risk
Partnerships And Limited Liability Companies
A Few Well Chosen Words About Contracts
How To Assess Your Legal Risk
Every business should determine where it stands on legal issues and risks. This should be done in a structured approach that looks at marketing practices, employment practices, intellectual property protection, business structuring, insurance protection, exposure to securities violations, regulatory compliance, documentation and record keeping. Then you can make informed business decisions on what areas to take corrective action. Most business losses, fines and damages could be avoided by advance planning.
Other advantages of following the Diagnostic Legal Assessment™ approach:
- Determines whether business records are in proper order and in compliance
- Helps negotiate better real estate purchase and lease terms
- Protects assets and identifies tax strategies by reviewing business structure
- Assesses if intellectual property assets are protected and yielding properly
- Identifies successful exit strategy options for the business owner
- Provides peace of mind about risk management
- Reduces overall business expenses
- Identifies current policies and procedures that expose the business to legal risks
- Helps with connections to resources including insurance, financing and strategic relationships
- In some instances, assists with finding financing
At Davis Law Associates, we have a 12-year track record of successfully helping small business owners and managers to strategically maneuver through the changing currents of business operations. Contact us today to determine how the Diagnostic Legal Assessment™ approach could be applied to your business. Just call 858.793.1220 or send an email to rdavis@sandiegobusinesslaw.com.