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 best to avoid it and keep your business’s value intact.
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ARTICLE TRANSCRIPT: https://financiallysimple.com/how-to-avoid-lawsuits-your-business-sued/
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
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Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.
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