Starting an IT consulting business involves risk and uncertainty, but the satisfaction of working for yourself can make it all worthwhile. Here are six ways to set yourself up for success before you make the leap to consulting.
What happens if a client sues you, claiming that you made a mistake that hurt their business? Professional liability insurance, also called errors and omissions insurance, protects consultants from costly lawsuits over work mistakes.
Learn how to protect your IT consulting business by understanding the liability risks and taking steps to safeguard your assets.
Any IT consultant or project manager will tell you that projects can be unpredictable. That’s why they turn to project plan timelines to help manage goals, tasks, and deadlines to keep projects on target and clients happy.
Errors and omissions insurance (E&O) is a tech expert's best defense against accusations of mistakes or oversights.
Technology errors and omissions insurance (technology E&O) provides coverage when you’re accused of negligence, mistakes, or oversights. It also covers data breaches that affect your business or a client’s operations.
If you’re a consultant, you should look at general liability insurance (sometimes referred to as consulting business insurance) as it costs about $30 per month and covers common business risks. It is often required by state law, clients, or landlords, and covers unexpected costs that could threaten what you’ve worked so hard to build.