NEXT reports that small businesses can face lawsuits, costing an average of $1.2M annually. To protect against this, they should separate personal and business assets, get insurance, maintain organized records, and retain legal counsel.
The dream of owning and operating a small business can become a nightmare if you’re hit with a lawsuit. Of all the tasks you take on to protect your business investment, NEXT says knowing how to avoid a lawsuit and what to do if you get sued are esse… [5093 chars]
Source: ABC17News.com | Published: 2025-09-18T04:39:17Z
Credit: ABC17News.com