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    California Business Journal
    • Front Page
    • Business
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      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

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      5 All Too Common Investment Scams (and How to Avoid Them)

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      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

      Photonic Chip

      The First Photonic Chip Has Arrived. What Does That Mean For Augmented Reality?

      Supreme Court Sports Betting

      California’s Bid for 2022 Sports Betting Legislation

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

      hands of business people typing on a keyboard - Should You Start An Online Business: 4 Things To Consider First

      Should You Start An Online Business: 4 Things To Consider First

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      How to apply from the USA to one of the most famous law universities in the UK

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      California Business Journal

      How to Protect Your Business: 4 Tips You Need to Know

      As a business owner, protecting your company is extremely important. Use this guide to learn how to protect your business better.

      by California Business Journal Editorial Staff
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      16 How to Protect Your Business 4 Tips You Need to Know - How to Protect Your Business: 4 Tips You Need to Know
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      Protecting your business should always be a top priority.

      It’s not a fun thing to have to worry about, but when you’re a successful business, people are always looking for a way to take you down. For that reason, you’ve got to be prepared and protect your business and your employees at all costs.

      Today, we’re going to discuss exactly how to protect your business against threats, both online and off. It’s an all-encompassing job being the owner of a small business, but you can’t let your guard down, no matter how busy you may be. Here are 4 tips for keeping your business safe.

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      1. Watch Your Image

      You have to assume that everyone is paying attention to everything you do. One slip up with your public image and you could be looking at legal fallout. To combat this, make sure that you and everyone at the company understand what it means to represent your brand.

      If your brand is strong, you can always distance it from the actions of a single employee.

      2. Written Agreements

      Young entrepreneurs often fall into the trap of trusting the word of other parties. It’s a positive quality to be trusting, but you have to think about the safety of your business. It’s never in your best interest to take someone’s word, you should just get it in writing instead.

      Anytime that you start a partnership with someone, be it an internet provider or a new business partner, make sure to have a contract drawn up. In the event of some dispute, you can then refer to the contract and remain protected.

      3. Have a Great Legal Team

      If someone decides to go after you for one reason or another, it’s important that you have a good, competent legal team in place. Your attorneys will be able to advise you in all legal matters and help you prevent any missteps.

      Try to find an attorney that specializes in legal matters within your field and ensure that they have an understanding of local laws as well. When your business gets to a certain level, your attorney(s) will be heavily involved in your day-to-day operations.

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      4. Insurance

      Any business, regardless of size or age, should have a quality insurance plan in place. You never know what could happen at the workplace, whether it be an employee having an accident or a natural disaster causing flooding.

      Liability insurance, property insurance, workers’ comp insurance, and even captive insurance should all be considered. You don’t want to be caught out when something bad happens because that could spell the end of your company altogether.

      Learning How to Protect Your Business Takes Time

      It takes time to figure out how to protect your business. When you start a company, you’re always learning and progressing as you go, but you can’t be naive when it comes to the threats to your livelihood. Follow these tips and keep your ear to the ground to find new ways to keep your business, your employees, and yourself safe.

      If you found this article helpful, come back and visit us again for more on business education, law, and insurance.

      Tags: attorneycaptive insuranceeducationemployeesentrepreneurshow to protect your businessinsurancelawlocalnaturalsmall business

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