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Protecting Your Legal Rights... Affordably
by: Pete Stokien
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So you've examined all the tax shelters, distribution strategies, marketing plans, and started your own business. But wait! Now you find out that you are exposed to liabilities, interferences maybe even litigation. Now what? The budget for legal expense is stretched well beyond your comfort zone.
The bottom line: We all need legal advice or representation. Most of us simply cannot justify the rising cost of this service. Are you aware that Legal Service Plans for Business offer exstensive coverage and are also extremely affordable? According to the American Bar Association, tens of millions of legal service plans are in force at this very moment.
How do you handle everyday matters? You know you have legal rights. Are you prepared to enforce them? How do you identify or better yet, defend those rights?
Theoretically, with a Legal Service Plan you can budget some of your legal expense in advance and never be unprepared to defend your rights again. Legal plan providers typically claim to have the potential to save you thousands of dollars every year. After a close review of offered benefits and coverages these claims do seem to have some basis in fact.
Consider just a few of these scenarios and decide if they seem plausible...
= One of your Employees has an auto accident on the clock.
= A customer complains about discriminatory treatment in your business.
= You receive notice that you are being audited by the IRS.
= You find out to late that the fine print really was not in your best interests.
= You are facing false allegations due to identity theft.
Other legal issues that may arise over time: Employee Hiring, Vendor Problems, City Zoning & more. Legal Correspondence, Debt Collection, Contract Review, Executed Contract Review, Trial Defense Services and so on...
With all of the possible scenarios facing individual business owners today, it makes sense to have as much protection in place as your budget responsibly allows for. Keep in mind that from everyday matters like signing a lease agreement with that traveling merchant services rep., to major issues like incorporation you have legal matters that require qualified advice and sometimes even legal action.
EarningsCoach.com final verdict: It makes good sense to be preprared and even better sense to budget your expenses wisely. Visit the Ritchfield Enterprises website to contact a plan provider who may be able to further assist you.
You can also call 800.936.2152 to let EarningsCoach.com locate an independent enrollment agent on your behalf.
Recommended Reading:
Who's Pretending to be You?
Small Business Tools, Forms, Documents
This article was posted on August 31, 2006
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