As a business owner, you probably realize that
operating and owning a business can be fraught with pitfalls and risks.
Turning a profit isn't enough; you must also protect your business from
claims and lawsuits. Debts and mortgage obligations to third parties and vendors,
claims for damages caused by your employees, product or professional
liability and consumer-protection issues are just some of the risks you
must deal with. If handled improperly, these risks could result in the
disastrous loss of both business and personal assets. Knowing what risks
you face and how to minimize or avoid the loss they can cause can give
you the chance to run your business successfully. Read on to find out
what they are.
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