Financially Simple

In episode 138 of Financially Simple, Justin discusses the L word - Litigation. No business owner wants to experience it - the possibility of being sued. Justin goes over the What, Why, and How of litigation, and explains how to best avoid it and keep your business's value intact. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!  ARTICLE TRANSCRIPT: BLOG: How to Avoid Lawsuits and What to Do if Your Business is Sued   TIME INDEX: 00:42 - Litigation and the effect on a Company's value 01:30 - What is Litigation? 02:07 - Why are Businesses sued? 02:45 - How long can a Lawsuit last? 03:17 - What does the average Lawsuit cost? 04:52 - The Effect of Litigation Risk on Management Earnings Forecast 07:10 - What you can do to avoid Litigation 09:42 - What do you do if you are sued? 12:03 - Wrap Up   USEFUL LINKS: Financially Simple Financially Simple on YouTube Financially Simple on Facebook Financially Simple on Twitter Lawsuits in Small Business Difference bet