Money For Lunch – Will You Stand up for Your Business?

Will You Stand up for Your Business?

August 1, 2017 11:09 AM0 commentsViews: 2

 

With all you have to do to properly run a small business, the last thing you need on your hands is trouble.

Now, that trouble can come in a myriad of forms. From consumer fraud to employees bad-mouthing you, there are actions you need to look out for.

That said you can’t always be watching what is going on around you all day or night. In fact, some of those actions may take place right under your eyes.

As a business owner, standing up for your business is critical. It proves even more so when you have limited resources with which to fight back with.

So, will you stand up for your business when it is under attack?

Knowing the signs of trouble

So that you do your best to protect your brand, keep the following areas of potential trouble in mind:

  1. Consumer fraud

Although you’d like to think consumer fraud is never an issue, you may very well know first-hand otherwise.

Some consumers will take an opportunity to stick it to a business when they get the chance. By doing so, they put the business owner in a financial predicament over time.

A good example of this would be credit card chargebacks.

Those chargebacks arise when he or she decides not to follow through with a payment. In doing so, they put the business owner on the hook for the tab.

As someone wondering what is a chargeback representment, the answer is simple.

That representment means you taking the time to dispute that consumer chargeback. Take note that you have a limited amount of time available to question the chargeback. As such, you must show that the sale was legitimate.

By taking a stand, you can work to make sure the consumer does not get away with leaving you hanging.

  1. Former employees

Firing or laying someone off is not easy for most business owners.

As is the case oftentimes, the person let go has others besides him or herself to support. Unless they were a disaster as a worker or caused trouble, you more than likely preferred to not let them go. That said tough decisions are part of what a business owner must confront.

So, what happens when one or more former workers decide to not go away in a quiet manner?
By bad-mouthing your brand on social media, the problems can unfold rather fast. What your biggest concern then becomes is damage to your brand.

Do your best to cut such potential fallout.

Assure both customers and your current staff that you are handling the matter. If necessary, bring in your legal representatives.
Although these situations are not the norm, they can spread like wildfire.
Consumer fraud and workers not going in a quiet manner are but two potential conflicts you may deal with.

By being ready for potential flare-ups in your daily world, you are better suited to put out some fires.

So, have you gone through either of the scenarios presented?

If so, how did you handle them?

Will You Stand up for Your Business?

With all you have to do to properly run a small business, the last thing you need on your hands is trouble.

Now, that trouble can come in a myriad of forms. From consumer fraud to employees bad-mouthing you, there are actions you need to look out for.

That said you can’t always be watching what is going on around you all day or night. In fact, some of those actions may take place right under your eyes.

As a business owner, standing up for your business is critical. It proves even more so when you have limited resources with which to fight back with.

So, will you stand up for your business when it is under attack?

Knowing the signs of trouble

So that you do your best to protect your brand, keep the following areas of potential trouble in mind:

  1. Consumer fraud

Although you’d like to think consumer fraud is never an issue, you may very well know first-hand otherwise.

Some consumers will take an opportunity to stick it to a business when they get the chance. By doing so, they put the business owner in a financial predicament over time.

A good example of this would be credit card chargebacks.

Those chargebacks arise when he or she decides not to follow through with a payment. In doing so, they put the business owner on the hook for the tab.

As someone wondering what is a chargeback representment, the answer is simple.

That representment means you taking the time to dispute that consumer chargeback. Take note that you have a limited amount of time available to question the chargeback. As such, you must show that the sale was legitimate.

By taking a stand, you can work to make sure the consumer does not get away with leaving you hanging.

  1. Former employees

Firing or laying someone off is not easy for most business owners.

As is the case oftentimes, the person let go has others besides him or herself to support. Unless they were a disaster as a worker or caused trouble, you more than likely preferred to not let them go. That said tough decisions are part of what a business owner must confront.

So, what happens when one or more former workers decide to not go away in a quiet manner?
By bad-mouthing your brand on social media, the problems can unfold rather fast. What your biggest concern then becomes is damage to your brand.

Do your best to cut such potential fallout.

Assure both customers and your current staff that you are handling the matter. If necessary, bring in your legal representatives.

Although these situations are not the norm, they can spread like wildfire.

Consumer fraud and workers not going in a quiet manner are but two potential conflicts you may deal with.

By being ready for potential flare-ups in your daily world, you are better suited to put out some fires.

So, have you gone through either of the scenarios presented?

If so, how did you handle them?

 

 

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