How to Keep Your Business Going After You Have Been in an Accident

By admin / October 25, 2019

Big businesses have the structure and support to handle if the CEO or owner takes time off, especially if the reason for their disappearance is due to an injury. Small business owners, and more importantly, those who run a freelance or consultancy business, aren’t as lucky.

The smaller the operation, the more difficult it will be to manage your business and give yourself the space and time to heal. This is why you will want to follow this guide to help you juggle the workload while offloading the workload because your health is the priority, but your business your passion.

Get the Compensation You Need and Deserve

Compensation covers so many costs that you will experience in the immediate aftermath of the accident and ongoing expenses related to the accident. It is most effective if the person is represented and covered by an insurance company. Being in an auto accident that wasn’t your fault, or being injured on a commercial property due to negligence, and so on – these are the cases where you will see compensation that rightly covers your recovery.

Compensation covers:

  • Cost of medical care
  • Cost of Therapy (Mental and Physical)
  • Cost of Medical Aids and Ongoing Healthcare
  • Recover Loss of Income
  • Recover Future Losses if You are Unable to Work
  • Pain and Suffering

With the right lawyer from Charleston Law, you will be able to have a specialist fighting for your full compensation rights. In return, you can rest easy knowing that this will be taken care of for you.

If you need money to keep you floating now, you can even use the case your lawyer has built to apply for a settlement loan. With a settlement loan, you will get the compensation you are looking to receive earlier.

Make Concessions and Renegotiate

You will want to then address your customers and clients if you work with them directly. Clients will want to know why their order is delayed or why their services have halted. You need to be upfront and honest. The goal right now is to maintain their loyalty so that they may resume your services once you have recovered.

This will likely mean making concessions and renegotiating. You may have to pay back the money that they have already paid you as a down deposit since they will have to find someone else while you recover. Make sure your lawyer knows these amounts so that you can claim them back as necessary.

Another way to ensure they do return is to offer a discount for when you are back on your feet.

Outsource As Necessary

Another option is to outsource your work. You can find white label services that will let you do this seamlessly, but if that is not an option, consider setting up a referral service. In essence, you let your clients know you are injured and bedridden, but refer them to others in your field. You get a percentage of the business this other person receives for introducing your previous client to them.

 

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