4 risk management must-haves for independent contractors 

From ComputerWorld, Ted Devine offers four recommendations for things that independent contractors must have to mitigate their risks including a written contract and having liability insurance.  He writes:

Contracts and communication can help you avoid lawsuits, but additional steps can protect your business further:

  • Keep records on every project.
  • Document the business relationship.
  • Say no when projects don’t fit your skills.
  • Invest in professional development.
  • Purchase liability insurance.

None of this guarantees you won’t be sued, but taking these steps can minimize your risk that a suit will wipe out your finances.

Read the full story at  4 risk management must-haves for independent contractors

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