How Important Is The Legal Side Of Things?
Reading through alot of competitor's web design businesses' Terms and Conditions, I notice a few things :
1) They have one...lol
2) They probably use contracts too.
3) They probably have insurance of some kind too.
So...Any of you regular guys running a business, any unfortunate experiences with the law and clients? Anyone been sued? How serious are the above things to take into consideration?
I know everything I have read from anyone on here always recommend just diving into business head first and not to worry so much about the 'other' stuff (like legal stuff, business cards, having perfect systems ready to deliver your product etc), but reading these Terms and Conditions kind of...freaks me out a bit.
Thoughts?
In a moment of decision the best thing you can do is the right thing. The worst thing you can do is nothing. ~ Theodore Roosevelt