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How To Protect Your Business Assets From Exposures And Liabilities | The Business Coach - Episode 57
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Join host David Finkel in this episode of The Business Coach Podcast as he dives into a fascinating conversation with one of the nation's leading asset protection and estate planning attorneys, Alan Gasman. With over 35 years of experience, Alan provides expert insights on how business owners can protect their assets from various exposures and liabilities. Discover strategic frameworks for safeguarding your business's golden goose, handling employee-related issues, and mitigating risks from possible lawsuits. Learn actionable steps to develop strong legal foundations and prevent potential legal pitfalls. Don't miss this episode filled with invaluable advice on building a resilient and profitable business.
00:00 Introduction and Welcome
01:04 Meet Alan Gasman: Asset Protection Expert
01:58 Understanding Business Liabilities
02:31 Protecting the Golden Goose
03:25 Legal Strategies for Risk Management
04:04 Real-World Examples of Legal Risks
04:50 Practical Steps for Asset Protection
06:23 Case Study: Protecting Business Assets
21:49 Insurance and Liability Coverage
24:10 Understanding Employee Risks
25:23 Implementing Employee Practices
28:02 Addressing Problematic Employees
32:22 Common Legal Misconceptions
34:48 Dealing with Dishonesty and Legal Risks
38:21 The Importance of Due Diligence
41:56 Final Advice for Business Owners
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