Few businesses set out to make mistakes but they do happen. Whether there has been a genuine error or simply a difference of opinion between you and your client, the threat of legal action, compensation, lost earnings and even the cost of having to put a mistake right can seriously threaten the profitability and even the future of any small business.
Any professional who gives advice should carefully consider the quality of their insurance, because there is a danger that disputes can culminate in large legal expenses bills, or worse; compensation and damages payments.
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