Uninsured? How To Protect Your Business

There is no doubt that the American Dream involves people of all backgrounds starting their own business from the ground up. The United States prides itself on hopes and dreams of being independent, creative, and innovative. People who are willing to take risks and believe in what they sell are pillars in our community. However, owning your own business is no easy feat. As much as the United States loves fueling the fire to anyone’s dreams, they also set lots of requirements which dampen the fiery dream of the business owner. Our Los Angeles Uninsured Employers at Sacks Law Group, APC understand the hardship of starting a business. We believe in private business and the American economy. So let us help you when times get rough.

Worker’s Compensation Poster Required

Business owners are required to abide by the California Labor Code. Part of the California Labor Code is to purchase worker’s compensation insurance if you have at least one person working for you. You can also purchase insurance for yourself, but it is mainly required for at least one employee. Worker’s compensation insurance is not regulated. This means you have options as far as payment plans go when seeking an insurance plan. However, it is another expense on top of the other major expenses to get your business up and running. In a fantasy world, you would have enough money to keep up with all the regulations. But, we know that sometimes you don’t have all the capital. Sometimes businesses have to make choices in order to stay in business. Sometimes those choices mean that you have to fail to adhere to some employee labor code requirements.

If you cannot afford the worker’s compensation insurance, you are not alone. After a small survey of around 900 business owners, 26% admitted that they do not have worker’s compensation insurance. Even worse, 30% were unsure if they had worker’s compensation insurance. It is required that every business owner has workers’ compensation insurance. Once the business acquires the insurance they must post, somewhere visible in their place of business, a poster letting employees know their insurance options. Failing to post the poser is a misdemeanor and can result in a civil penalty of up to $7,000 per violation. For a poster! Imagine the fees and fines associated with being caught without insurance? Imagine the thousands of dollars it will take to get your business up to code and back in order?

How To Protect Your Business

You need a strong attorney on your side. This is not a marketing scheme. The future of your business depends on the outcome of your case. Why not have a team of top skilled attorneys by your side to ensure that the case goes your way? Our Los Angeles Uninsured Employers have experience in aggressive defense strategies to ensure that you aren’t getting the unfairly treatment. Your business deserves a chance and we can help. Call 310-216-7778 or click here to start a discussion with our professional attorneys at Sacks Law Group, APC in Los Angeles today.