EP 236 | Protect Your Business with Braden Drake

As design professionals, we have a high earning potential, but it’s impossible to realize that level of profitability without taking some risks. To protect your business and your mental health, a layered approach to legal protection keeps you safe and able to do your best work. Braden talks attorney with us in a non-attorney way. In this episode we learn: - for maximum legal protection, it’s best to seek a layered solution - initial layers of protection include insurance and contracts - after the initial layers of protection are in place, assess your personal risk aversion to decide if you need further protection - to indemnify another party is to compensate that party for losses that that party has incurred or will incur as related to a specified incident - alternative dispute resolution is a means to solving a dispute outside of court It’s time to take control of your business. Become a member of Business of Design®, today: https://businessofdesign.com/?ref=2&campaign=podcast