Is it true that your business is losing customers?

Is it true that your business is losing customers?

Opinions expressed by Entrepreneur contributors are their own. Like it or not, your business is losing customers. Recent research from McKinsey & Company revealed that only 13 percent of customers surveyed said they were loyal to a single brand.

Why did a woman Sue a female beautician?

Yaniv filed various complaints against estheticians in Vancouver area, causing one to go out of business as she was seeking as much as $15,000 in damages from each beautician. The female beauticians argued they were not trained to perform a ‘Brazilian’ on male genitalia and could have caused serious injury to the customer.

Can a lawsuit put a company out of business?

For some, the lawsuits have put them out of business, but many are able to carry on despite these major financial setbacks. Find out why these companies were taken to court and how much some of their biggest failures cost them.

What makes a company guilty of poor customer service?

You’re guilty of poor customer service experience. Few things can sour a customer experience more quickly than poor customer service . To a customer, your support team is your business.

What kind of lawsuits do small businesses get?

Common types of business lawsuits include breach of contract, slip-and-fall accidents and other premises liability, and discrimination. This article is for small business owners who have been sued, or who worry about being sued.

Is it bad to lose a big client?

Losing a big client is never fun, and much less than ideal for your bottom line, but it’s as much a part of business as landing a dream account. And it’s sometimes the fallout of staying true to your style and strengths.

Is the wife liable for your business debts?

For example, if you and your wife owned the business as a general partnership, both of you will be on the hook for its debts. However, if you are a limited partner or your business was formed as a corporation or a limited liability company (LLC), you are generally not personally responsible for business debts.

For some, the lawsuits have put them out of business, but many are able to carry on despite these major financial setbacks. Find out why these companies were taken to court and how much some of their biggest failures cost them.