As an independent entrepreneur or freelancer, have you been involved in an accident and suffered personal injury? This immediately impacts your business operations, turnover and profits. It’s crucial that you take the right steps to claim your damages so your business doesn’t jeopardize. At Arslan & Arslan Lawyers, our experienced personal injury lawyers are ready to assist you and ensure full compensation for your damages.
What does personal injury mean for independent entrepreneurs?
As an independent entrepreneur, an accident can leave you temporarily or even permanently disabled. This directly affects your business. Your turnover decreases, you miss out on assignments, and you might need to hire additional personnel to keep your business running. This is at the expense of your profit and therefore your income. In addition, the continuity and future of your business can be threatened, especially if you are unable to work for a long period of time.
At Arslan & Arslan Lawyers, we understand the importance of acting quickly and effectively in the case of personal injury. We assist you in calculating and claiming all damages so you can focus on your recovery and ensure your business continuity remains intact.
Loss of Income for Independent Entrepreneurs
Often for you as an entrepreneur, the major damage is loss of income. Even if you have disability insurance, it often has a waiting period or covers only a portion of your income loss. This means that even with insurance, you still suffer damage.
How do we calculate income damage?
Calculating income damage for independent entrepreneurs is often complex and requires precise calculations. We look at your company’s annual figures before and after the accident. If the net profit after the accident is lower than before, the difference is considered personal damage.
An example: Suppose your company generates an annual turnover of € 200,000, and your profit fluctuates between € 130,000 and € 140,000. After the accident, you are partly disabled and you have to hire additional staff. The turnover remains the same, but your net profit drops to € 100,000. In this case, the personal injury is the difference between the average profit before the accident and the profit afterwards, in this case € 35,000.
Other damage items for independent entrepreneurs
Besides income damage, you may also suffer other forms of material damage resulting from the accident. These could include:
- Cost of domestic help: If your injury prevents you from performing your household tasks.
- Medical costs: Costs that are not fully covered by your health insurance, such as deductible, physiotherapy, or medication.
- Travel costs: For example for hospital visits or medical treatments.
- Pain and Suffering: A compensation for the suffering, pain and emotional impact the accident has had on your life.
Why choose Arslan & Arslan Lawyers?
At Arslan & Arslan Lawyers, you have the assurance that your case will be handled by experienced personal injury lawyers who specialize in claiming damages for independent entrepreneurs. We understand that each business is unique and that every personal injury case requires a tailored approach. That is why we offer you personal and expert guidance from beginning to end.
What you can expect from us:
- A complete calculation of your income damage and other damage items.
- A personalized plan to guarantee the continuity of your business.
- Free legal assistance: We recover our costs from the liable party, so it is completely free for you.
- A dedicated contact person who is available for you during the whole process.
Contact us for a no-obligation consultation
If you are an independent entrepreneur and have suffered personal injury due to an accident, please contact one of our specialized personal injury lawyers. We are ready to advise you free of charge on your options and to ensure that your damages are recovered as quickly as possible.
You can call us or contact us via the contact form. We are happy to come to your home or welcome you at our office for a no-obligation conversation. At Arslan & Arslan Lawyers, we are here to help you!
