Former Employee vs. Small Business

October 25th, 2012 by JBWK

Bloomberg’s Businessweek offers some sound advice for small business owners facing legal threats by former employees. First, from a business owner, the delightful description of being on the receiving end of those threats:

For anybody who goes through the blood, sweat, and tears of starting a business, when someone comes along with an attorney whose No. 1 goal is to extract money, it produces stress and lack of sleep.

There is, however, some very good advice, including:

• Don’t ignore it
• Check if your insurance will cover you
• Call your attorney
• Save all documents that could be relevant
• Don’t try to settle the score personally

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