By Larry Oxenham, senior advisor, American Society for Asset Protection

Lawsuits are not just a threat to small businesses across America; they are expensive and always on the horizon. As one small business owner told me, “I spend as much time trying to prevent lawsuits as I do running my business.”

More than 12 million lawsuits totaling more than $160 billion are filed each year at an average cost of more than $4,500 per year for each small business, plus time lost and escalation of insurance premiums.

How much insurance is enough; how much is too much?

Our strategy is straightforward: e.g., we don’t believe in fighting lawsuits, we believe in preventing them in the first place. We have taught this strategy to small businesses nationally for more than 25 years. At the Concrete Foundations Convention 2026, I will walk you through the simple but powerful technique that can allow you to build a rock-solid barrier between you and lawsuits and, at the end of the presentation, we will show you exactly how to put this strategy in place to protect all of your business and personal assets. If you would like to attend CFACON26 and this seminar, visit the CFA website or scan the QR code.