It is easy for local businesses on Nantucket to get caught up in the hustle and bustle of the island's busy season. This often leaves business owners with little time to think about creating or updating contracts, store policies, employee handbooks, or risk management protocols.
While it may seem pleasant to operate on a "handshake" on such a small island, when disputes arise, businesses can find themselves vulnerable to significant monetary damages absent proper protocols and planning. Investing in a legal assessment of your business operations will help you understand potential risks and liabilities. Using that knowledge to implement policies, practices and/or contracts to better protect your business from liabilities in the future can result in huge cost savings.
Take advantage of your time in the off-season to better position your business for success in the seasons to come!