For some business owners, daily life is incredibly hectic. To make matters worse, there are a number of reasons businesses end up in court and have to deal with a lawsuit. In Fort Lauderdale and throughout the state of Florida, litigation can spell disaster for any company, regardless of their size. As a result, business owners should familiarize themselves with some of the reasons for litigation and approach their case properly if they ever have to deal with a lawsuit firsthand.
Information published on the United States Small Business Administration’s website covers some of the reasons for small business litigation and also highlights the impact of these lawsuits. Some of the issues mentioned include complaints from employees (employee theft, workers’ compensation claims, etc.) and business-related problems such as an intellectual property dispute. Unfortunately, litigation sometimes forces businesses both large and small to shut down, which is why business owners should do everything in their power to prevent and address lawsuits appropriately.
According to the U.S. Equal Employment Opportunity Commission, 2013 saw the filing of more than 7,500 discrimination charges in Florida. Clearly, litigation affects a surprising number of businesses across the Sunshine State. Other reasons for litigation include breach of contract, fraud, deceptive trade practices and international business disputes, among others. From a small start-up to a major corporation, lawsuits can spell trouble and it is imperative for business owners to do what they can to not only prevent litigation from arising, but put their best foot forward if they find themselves in court.