Onsite Accidents, Employee Theft, and Poor Advice Leaves Businesses In Critical Condition
Extreme incidents like onsite accidents, employee theft and acting upon poor advice are leaving small businesses in a ‘critical condition’, according to a study by Direct Line for Business. The survey of 501 enterprise owners has revealed that 31% have experienced such damaging situations, which has also had a knock-on effect for their clients. When breaking down incidents, the most common ones experienced by respondents are: Had an employee get injured while on duty (29%) Had an employee steal money or information (21%) Lost a client due to poor advice (19%) Had a client suffer an injury (18%) Had to hire a lawyer over poor advice (16%) Lost confidential data (15%) When it comes to repairing the damage, 23% of those surveyed have had to fork out compensation out of their own pocket, 18% h... »
