If you own a small business (like me), or even run a medium size or larger business, you need to read the book, The Art of Preventing Stupid: How to Build a Stronger Business Strategy Through Better Risk Management by Matthew Neill Davis, Esq.
Businesses can’t avoid problems completely, but they can prepare for them and they can do many things to prevent problems as much as possible. Davis explains how businesses can do this, and one of the key ways is to avoid the stupid mistakes. The other strategy a business owner can utilize is to know how to deal with problems before they arise.
These strategies are covered thoroughly in the book. Probably the most important chapter is Chapter 6, The Preventing Stupid Method.
The book has many easy to understand tables and figures, and ends the book with actual case studies. In addition, the author provides bullet point summaries at the end of each chapter.
So if you want to prevent major problems (including bankruptcy) with your business, and how to deal with problems when they do happen, you should read The Art of Preventing Stupid.