6 Things to Know to Protect Your Small Business

There is much more to running a business than getting sales and making a profit.  Along the way, you must protect yourself and your business profits from unexpected hits that will come your way.  We’ll cover 6 key aspects to minimizing your legal liabilities:

• Running a business as a sole proprietorship vs. incorporation
• Different types of organizations - pros and cons of each
• Importance of written documentation (i.e. handbooks, practices and safety protocols, written contracts, emails, etc.)
• Insurance/Protecting your interests from liability
• Protecting your intellectual property. Why it's important

Learn the basics of law in your area of business. Ignorance is not a defense of a violation of the law.