Every small business faces legal challenges of some kind, whether drafting employment contracts or agreements, or when dealing with more complex disputes or compliance issues. The level of risk varies based on the products or services your business offers, and how prepared you are.
But while most small business owners have business insurance coverage, not enough entrepreneurs safeguard their business against common legal jeopardies. Excellent legal support in the form of an outside general counsel does not need to be expensive, and being proactive when it comes to assessing your risks is far less expensive that defending your actions or policies in court.