Updated: Jul 8, 2021
Meeting the requirements of a business niche cannot be achieved without first prioritising. Certainty demands not only consistency but security. Addressing whether a course of action is necessary or safe. The quality of your brand. Risks to business and risk taking. Who is responsible for employees or clients/consumers? How to limit liability? Degree of leverage in the industry or how your business is placed? What is delegable? Is there an asset pool? If so, who can access it or under what circumstances is this available. How much of this can be expressed or implied or excluded when contracting. All of this cannot be considered without looking at indemnity and the notion of vicarious liability.