Archives for September 2013
Month: September 2013
What happens if you are not a limited company and you get sued…
Was asked a question a few weeks ago by a consultant. The question was: “What happens if I make a mistake and I get sued by a company?” I then asked: “Are you a limited company?” They responded: “No” I then had to explain that, potentially, they have put their personal assets at risk as […]
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Cover yourself!
Now over 50% of all SMEs buy Professional Indemnity Insurance. It’s often hard for a business to know what to look for. Wordings and insurers vary considerably. To summarise, if you are advising, designing or surveying then it’s sensible to buy professional indemnity insurance. Try to obtain insurance on a ‘civil liability’ basis which gives […]
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The trouble with staff is the troublesome staff…
A firm with 15 employees and a turnover of over £4,000,000 I was talking to was trying to manage a troublesome, unproductive member of staff. They had a few meetings with the person in question and performance was not improving. This business asked me what would happen if they managed the person out of the […]
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Data Protection – Modern risks
Recently an estate agent was fined over their data protection regime. Under the Data Protection Act, all organisations processing personal information are required to register with the Information Commissioners Office. Failure to register is a criminal offence and could lead to a fine of up to £5,000 in a magistrates court, or unlimited fines in […]
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