Risk management is also part of our daily lives. We evaluate our risk with every decision we make. It might be what route we take to work every morning — should I risk possible traffic on the interstate or take the back roads to avoid traffic?
There is no right or wrong answer. We evaluate our risk factors and our tolerance levels to come up with an answer that's right for us. The same is true when it comes to your business.
Just like you need electricity to provide power to your business, you need a legal team to provide resources on a continuous basis. High Yield Contractors understand there's tremendous value in building a relationship with a firm that's focused on them.
Most small business owners have a reactive approach to risk management and legal needs, meaning when a problem arises, that's when they call a lawyer. Sometimes, it's too late at that point.
Be proactive with assessing your risk management, liability and legal needs, and you'll soon be on your way to becoming a High Yield Contractor.