POST CATEGORY : Legal

The Role Public Liability Plays in Protecting Your Business

From a business perspective, most business owners and company heads are familiar with professional insurance for their contracting or professional work, otherwise known as errors and omissions coverage. However, the risk of public liability is also present for the average company, and can bankrupt a good business with one or two bad lawsuits.

Caution wet floor sign

Public liability: What you need to know

A business or individual contracting himself as a professional business is responsible for all of its actions and production, even for those effects that result in personal injuries or loss. For products, most people are familiar with product liability, but a business can also be responsible for any injury its activities or services cause as well.…

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Understanding the World of Business: How to Comply with Business Law

Owning and running an SME is not an endeavour for the faint of heart. Grit, determination, hard work, and endless toil are required to make a success of your venture, and challenge after challenge must be met head on.

Business law compliance

Business law is just one of the obstacles that you must overcome, and abiding by its numerous, intricate rules and regulations can seem daunting – but it shouldn’t. Made to benefit all parties, including entrepreneurs, it has been specifically designed to help you. Indeed, any propositions found to disproportionately disadvantage small businesses are inapplicable to them, so compliance is eminently possible.

However, doing so requires a degree of understanding that many lack at the outset.…

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When OSHA Visits: Smart Ways to Handle Your Company’s Citation

If you’ve been notified of an inspection by the Occupational Safety and Health Administration (OSHA), you need to respond quickly. You also need to know how to prepare your employees for any questions they may be asked by an OSHA inspector. Here’s how to handle your company’s possible citation.

OSHA inspection

Talk to Your Attorney

If your company has received notice of an OSHA inspection, you should consult with an attorney right away. Your lawyer will help you gather the information you need to prepare for the investigation.

Greeting the Inspector

The inspector will arrive at the company and present his or her credentials.…

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Closing a Business: Top Tips for Taking Your Open Sign Down

It’s time. You’re happy, but at the same time you’re sad. Your business is ready to be shut down. Maybe you’re hanging your hat up for good. Maybe you’ve decided to move on to something else.

Whatever the case may be, there are specific steps you need to take before you can close the doors for good.

Closed sign

Vote On It

The first thing you need to do is vote on the closure of your business. Even if you’re a one man show, the state continues to recognize the business as an ongoing legal entity until the corporation is formally dissolved.…

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Cyberbullying Insurance: How To Get It…Maybe

Sometime last year, statisticians informed the world that 1 out of every 5 people has suffered a bout of online harassment. An insurance company took note – and now “cyberbullying insurance” is a thing.

Cyberbullying victim

Digital Age Woes Lead To New Insurance Possibilities

In these, our digital days, online harassment and Internet defamation can cause titanic-sized problems – for both individuals and businesses. Recognizing the 21st-century hardship, international insurance conglomerate, Chubb, developed a unique – and, of course, potentially profitable – way to mitigate the cost of these complications: “cyberbullying insurance.”

Till now, insurers have offered little in the way of online harassment coverage.…

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Worker’s Compensation in Canada: Understanding Your Rights and Responsibilities

It seems that there are a number of Canadians who don’t know the extent of their rights when it comes to the topic of workers compensation.

Worker

Employment law specialists such as Loya & Associates normally have all the angles covered when it comes to getting you what you deserve under your employment rights and it also helps if you can gain a better understanding yourself of your rights and responsibilities.

The Workers Compensation System

One of the main points to remember is the fact that workers compensation law should always be viewed as a separate and distinct area of law.

This has always been the case and as lawyers in this specific field of expertise will already know, applying principles from other areas of law may not produce the correct answer to a relevant compensation question.…

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Understanding the Basics of Acquisitions

An acquisition is a financial term that describes what happens when an organization develops its competences and resources by taking over a different company. There are many different types of acquisition strategies. More information about the various strategies can be obtained through General Equity – Acquisitions.

Acquisition agreement

Some of the popular strategies include single purpose documents and standalone acquisitions, as well as multi-purpose documents, which are more comprehensive. Regardless of the chosen strategy, the goal of an acquisition strategy is always to minimize the cost and time used to obtain a specific, validated need and this is achieved through sound business practices and common sense.…

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Election Season Law: The Offline and Online Legal Threats of Donald Trump

As you certainly know, real estate mogul turned reality star, Donald Trump, is running for president. And though the “fire-happy” billionaire is a hit amongst some people, not everyone is enamored by his personality – including Fox News, an anti-tax initiative and an online e-tailer.

Donald Trump, Presidential Campaign 2016

But in true Donald fashion, he is not taking the criticism quietly. Instead, he’s lashing back via Twitter and threatening lawsuits.

Is the presidential hopeful on the right side of his current feuds? Or are his legal assertions just political theatrics?

Fox News Faux Pas Elicits FCC Demand From Trump

Perhaps unexpectedly, one of Trump’s main rivals is Fox Newser, Rich Lowry.…

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Three Good Reasons to Involve Probate in a Will

As the CEO of a company, your life and your ability to continue to contribute to the business is vital to the success and health of the company that you run. It is why you probably have key person insurance for yourself and any other important key decision makers, such as your CFO.

Last will and testament

However, there are things that you’re probably not considering, such as your private will, as something that could affect your company. If you never think about how your private will can impact your business, well, you should start thinking about it today.

When writing a private will that also involves the ownership of your business, you need to be careful because it can cause everything that you’ve worked so hard for to grind to a stop or even possibly destroy it.…

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Workplace Fire Safety: 5 Things to Improve

Did you know that 40 percent of businesses never reopen following a natural disaster, like a fire? Indeed, workplace fires can be devastating – not only to your employees and everyone else who are in your business premise but also to your company.

It is clearly your responsibility to prevent workplace fires – neglecting it can cost you a lot, even can land you to prison!

Blocked emergency exit

Fortunately, workplace fires are not something that business owners can’t prevent. The key is in the planning and plan execution.

To help you out, here are five things to consider when planning for or improving your company’s fire safety procedures:

1.

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