“This article has been produced by an independent contributor and does not reflect the views and opinions of the Immediation team or the brand as a whole.”
When it comes to disputes and other embroilments and issues within your business, it might feel like a stretch to say you’ll save money!
But with Mediation (when used properly), you can save money within your businesses and even grow your business to new heights- no marketing required!
In this article, we’ll detail all the way businesses usually save money with Mediation- and how you can do the same.
Strengthened Business Relations
To start with, mediation is designed to help businesses improve and strengthen their relations to partner businesses, suppliers and other business relations. When you have a stronger business relationship (one that is not damaged by litigation), you’ll save money in a variety of ways. This might mean saving money on new contractors, finding a new supplier, and much more. Working together are almost always the best solutions- which is why the process of mediation focuses on salvaging these relationships.
No Expensive Court Cases
Let’s be honest- court cases and litigation can get expensive quickly. With the right legal representation, and the drawn-out cases, the processes are an expensive one. Mediation, in comparison, is a lot more cost effective. Not only that, but the process is a lot quicker, which means less wasted time and lost productivity!
Improved Employee Turnover
Dispute with an employee? Unhappy contractors? With mediation, you’ll be able to salvage more of these relationships (and prevent future problems from arising). This leads to a lower turnover rate for your employees, which is a cost-saving measure when it comes to expensive hiring costs and lengthy interview for your HR team.
Mediation is often a great choice for businesses looking to protect their reputation, as well as growing and scaling. But it’s also a great choice for businesses looking to cut back on costs, while still achieving a positive outcome for themselves, the business and all partners involved.
Have a disagreement in your workplace that would benefit from mediation? Or just want to know more about the process and how it would work for your unique situation?
The team of legal and technical experts at Immediation are here to help guide you through the mediation process and reach the best possible outcome. You can do it 100% online or opt to use a managed service where the Immediation personnel do everything for you, from start to finish.
Mediation is a good first step in the dispute resolution process. It’s Immediation’s goal to help you sustain your business relationships, while resolving the matter quickly and professionally.
Want to know more, or enquire about your business dispute? Simply fill out the form on the contact page and they’ll be in touch.