• Home
  • About
  • Contact

The Phat Startup

The Ultimate Lifestyle Blog for Entrepreneurs

  • Blog
  • Blogger Lifestyle
  • Money & Finance
  • Motivation
  • Personal Growth

Blog

4 Strategies For Protecting Your Business From Sticky Situations

Building your own business is exciting and fun, but it’s also a challenging time in your life. Owning a company is a lot of pressure, and you’re bound to face more than a couple of obstacles. Knowing all this is true, it shouldn’t stop you from following your dreams.

All you need is thick skin and a plan for either not getting in sticky situations, or getting out of them quickly. You want to protect your business from harm’s way and focus on all the good that you have going for you. Don’t launch your company blindly and assume that you’ll always be in the clear. Be prepared to face tough circumstances and difficult people.

Work with the Experts

It’s smart to know people who can help you when you’re in a bind. Have excellent lawyers and forensic specialists on your side like the computer forensics Cleveland team. They can quickly find information for you that may not be visible at first glance. Let these people help you and do their job, so you can get to the bottom of what’s going on and work on protecting your company. Build relationships with the experts in other fields who can assist you in sticky situations.

Hire Wisely

The people you hire are the ones building your company culture. Take the interview process serious and only employ candidates who are a good fit for your business and the environment. You don’t want to bring people onboard who are going to cause trouble and make a bad name for your company. Protect yourself and your business by being picky about who joins your team and making sure everyone understands the rules and guidelines of the culture you desire.

Be in the Know

Being too busy to know what’s going on will come back to bite you. As the owner, you should be well-informed of what’s happening in each department and with all of your employees. Walk around, have conversations, go to meetings and leave your door open for questions. When you disappear and disengage, you’re asking for trouble. Being in the dark about what’s going on at your own company isn’t a good look for a boss. Be a leader and set expectations for your employees that they’re required to follow. It is important to be organized and efficient within the workplace.

Consult with A Trusted Mentor

Don’t always act right away. Take a step back and think about what situation you’re in and your options for getting through it. Talk to a trusted mentor and ask their advice. Bounce your ideas off of them before you decide to take action. They may have a different perspective to offer because of their experience or a new way of viewing the issue. It’s always a good idea to have a few business professionals you can call when you’re in a bind.

Your number one concern should be to protect your business when you’re in charge. You worked hard to get to where you are and don’t want to see any unfortunate incidents occur. Luckily, there are practical ways to protect you and your company that will get you out of those sticky situations.


« Golden State Financial Group Busts Common Loan Modification Myths
Boom Lift Financing and Leasing – What Is it and Why Do You Need it? »

About The Phat Startup

The Phat Startup was created by Mike McOwen to create a space where entrepreneur lifestyle could be focused on. We tend to live a different lifestyle than most. Entrepreneurs tend to be interested in maximizing their life, not only their profit.

Connect With Me

  • Email
  • RSS
  • Twitter
  • YouTube

Twitter Feed

Mike McOwenFollow

Mike McOwen
PhatStartupsMike McOwen@PhatStartups·
29 Dec 2017

Why is content marketing so important? Find out here: http://thephatstartup.com/money-finance/why-your-business-needs-a-content-marketing-strategy-in-2018/

Reply on Twitter 946751505146707968Retweet on Twitter 9467515051467079681Like on Twitter 9467515051467079682Twitter 946751505146707968
PhatStartupsMike McOwen@PhatStartups·
9 Oct 2017

http://yescincinnati.com/

Reply on Twitter 917521630162759681Retweet on Twitter 917521630162759681Like on Twitter 9175216301627596811Twitter 917521630162759681
PhatStartupsMike McOwen@PhatStartups·
25 Sep 2017

Wow, interesting

Forbes@Forbes

Millennial men are more likely than women to default on student debt http://on.forbes.com/60148NudC

Reply on Twitter 912458136849698816Retweet on Twitter 912458136849698816Like on Twitter 9124581368496988162Twitter 912458136849698816
PhatStartupsMike McOwen@PhatStartups·
25 Sep 2017

I LOVE Toronto! Miss that place

GO Transit@GOtransit

Explore Toronto’s art scene with GO! Enjoy special late night service during Nuit Blanche on Sept 30. https://cards.twitter.com/cards/v2l8b/4ttwx

Reply on Twitter 912458028355670017Retweet on Twitter 912458028355670017Like on Twitter 912458028355670017Twitter 912458028355670017
Retweet on TwitterMike McOwen Retweeted
BuffaloSabresBuffalo Sabres@BuffaloSabres·
25 Sep 2017

Batter's up! ⚾️ Spending quality time with our friends at @MiracleLeagueWN.

4
Reply on Twitter 912457252057034754Retweet on Twitter 91245725205703475453Like on Twitter 912457252057034754318Twitter 912457252057034754
Load More...

Blog Ideas That Make Money

Overcoming Challenges: Strategies For Improving Startup Team Performance

How to Create a Retail Space You Are Proud Of

What are KF Fittings?

Search

Copyright © 2023 · The Phat Startup

Copyright © 2023 · Divine Theme on Genesis Framework · WordPress · Log in