There are small legal problems, and then there are the sort of legal problems that can nip a startup in the bud. We’re going to take a look at four common but deadly legal mistakes new businesses often make. Make sure they’re not a part of your business model!
Lax health and safety
This shouldn’t even require mentioning, but the fact is that there are a stunning number of businesses out there that aren’t paying enough attention to health and safety. I couldn’t name a job I’ve worked before now that didn’t have the occasional lapse in what should be fairly standard health and safety practices. If you don’t provide adequate protection for your employees, then you may be the target of an expensive lawsuit should something unpleasant happen. And, depending on your cash reserves, this could kill your business.