It’s easy to lose your customers or even partners after years of investment into a business just because of disagreements and conflicts and many people fall into this category. But really, it shouldn’t be so.
As a small business, you should set up systems that can help you with conflict without having to go to court. Using the court system to solve business conflicts is expensive and may bring about enmity between you and your business partners.
Going to court because of conflicts in your business may be advisable but it is also totally unnecessary. There are easier ways to ameliorate grievances maybe when a party doesn’t fulfill as promised. That’s what the “Manage and Resolve” series hopes to solve. You can click here to register.
What you will gain from “Manage and Resolve”
You’ll be learning strategies and tips on how to make sure you are legally covered as you go about your business transactions. At the end of this series you will be able to:
- Know the important parts of a contract and even how to appropriately draft one
- You will understand the different types of Alternative Dispute Resolution methods. Also, you’d learn about which of them best suits each business transaction.
- Totally eradicate the need for “courts” and still be compensated in case the other party in your business deal fails to fulfil their part.
- Learn and understand mediums that will protect you in business
- You will understand Risk Assessment and how you can use it to the advancement of your business
- Ways in which you can resolve business disputes without having to adversely affect your business relationships.
- Have an understanding of the different options of dispute resolution, that are cost-effective and would be tailored to help their businesses to grow.
- You will also understand some of the ways in which you can design a conflict resolution manual. In other words, what are the things that you need to put into consideration when a misunderstanding with a particular vendor or a business partner arises? Register here.
Wrapping Up
You need to learn how to protect and cover your business. Conflicts shouldn’t be an end to your business and with this series, and we will be showing you how. Our goal is to help SMEs, MSMEs, and startups have smooth business relationships. Such relationships would ensure that businesses grow without hindrance. Register now by clicking here.