Litigation and the Effect on a Company’s value

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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/

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 between Lawsuit and Litigation

Three Ways to Lose Your Lawsuit

Litigation 101

Litigation Cost Survey

The Effect of Litigation Risk on Management Earnings Forecast

Avoid Legal Time Bombs

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DISCLAIMER:

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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