3 Tips for Running a Successful Business

3 Tips for Running a Successful Business

3 Tips for Running a Successful BusinessJump start profits and minimize liability with these 3 tips for running a successful business in Florida. Whether you’re running a Florida limited liability company (LLC) or a Corporation or a Partnership, these tips will help safeguard your business investment so you can focus on what’s important: growing your business.

1. Do a Background Check

Even the best attorney can’t protect you from a liar or a cheat. Do your homework before it’s too late and the only solution is going to court. Whether for a potential employee, independent contractor—or even a business partner—do a background check.  The more you know, the better. For employees, your background check should, at a minimum, include criminal history. For potential business partners, you should ask for financial history, such as credit reports, history of filing for bankruptcy, and any history of tax evasion or fraud.

2. Use Your Attorney Wisely

Knowing when to call your attorney is just as important as knowing when not to. A phone call early on in a potential issue can save you substantial sums of money in the long run. However, too many phone calls (especially multiple phone calls about the same issue before the attorney has had the chance call back the first time) are likely a money drain. Call once about an issue, then be patient. It may take your lawyer a few days, or even a week, to get back to you, but he will. Any longer than that, and you should probably consider hiring a new attorney.

3. Avoid Litigation

An ounce of prevention is worth a pound of cure. Litigation is a costly expense that can usually be avoided if the issue is addressed early on. One of the best ways to prevent litigation is to get a legal check-up by an experienced attorney. Of course, if the matter cannot be settled or avoided altogether, our experienced attorneys are ready to aggressively advocate on your behalf to get the most favorable outcome possible.

If you have any questions about running a business or if you have a legal problem, contact us today and schedule a consultation so we may discuss the particular facts of your case and explore the best possible remedies available to you.

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