30 Oct '12, 8pm

Is Your #Small #Business at Risk of Being #Sued? Your Rights Today

Is Your #Small #Business at Risk of Being #Sued? Your Rights Today

Even if your small business is not at fault and wins the suit, the cost of defending yourself can seriously deplete your business bank account or, in some cases, even be enough to put your company out of business. According to the statistics cited by Bolt, small businesses’ out-of-pocket costs related to lawsuits top $35.6 billion annually. Aside from the financial costs, nearly three-fourths of small business owners (73 percent) report that a lawsuit hurt their reputation and creditworthiness; 74 percent say it led to an increase in the cost of their products or services; and 71 percent say it forced them to cut back on hiring.

Full article: http://www.networksolutions.com/smallbusiness/2012/10/is-...

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