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A lawsuit is the last thing that a business owner wants to address. The good news is that there are proactive steps to lower liability and reduce risk. In this 2-part blog post, we are going to discuss several essential protections that every business should have in place.
Ways To Reduce Liability Risks
Below are 3 of 6 recommended steps to limit liability claims. The general rule of thumb is to implement common sense and protect employees (and visitors):
Read morePeople do not enter a business relationship with the belief that the business will end with resentment. If you see that as a real possibility in the beginning with your business, you might want to rethink the arrangement. However, the excitement experienced when starting out may blind you from acknowledging the possibility of serious disagreements in the future. There is a likelihood that you and your co-partner/owner will need to confront difficult issues at some point and you may not always agree.
Read moreIt is imperative that employees have a workplace behavior policy (aka company handbook, company code of conduct, etc.). Although some of these topics may seem like common sense, an employer should still identify the following topics directly in a workplace policy:
Read moreHealth insurance. PTO. 401K. These are all benefits afforded to nail technicians. Yes, nail technicians.
An east coast nail salon, Miniluxe, decided to flip the normal nail salon model on its head and provide it's employee's with benefits, not customary to the industry, amongst other upgrades. Miniluxe founder, Tony Tjan, modeled his business after Starbucks by providing a premium version of everyday products with a positive experience.
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