Conflicting advice: Overview, definition, and example
What is conflicting advice?
Conflicting advice occurs when two or more sources provide different or contradictory recommendations on the same issue. This can happen in business, legal, financial, or personal decisions, making it difficult to determine the best course of action. Businesses often face conflicting advice from consultants, advisors, or industry experts, requiring them to carefully evaluate information before making decisions.
For example, a business owner seeking financial guidance might receive one recommendation to take out a loan for expansion and another advising against borrowing due to market risks. This conflicting advice can create uncertainty and delay decision-making.
Why is conflicting advice important?
Conflicting advice is important because it highlights different perspectives, risks, and opportunities in decision-making. While it can create confusion, it also encourages businesses to critically assess their options and seek additional clarity before committing to a choice.
For SMBs, conflicting advice can arise when working with multiple advisors, partners, or stakeholders. Knowing how to evaluate advice—by considering expertise, data, and long-term impact—can help business owners make more informed and confident decisions.
Understanding conflicting advice through an example
Imagine a small business owner considering whether to launch an online store. A marketing consultant advises them to invest in digital ads and SEO to drive traffic, while a financial advisor warns that the business should focus on stabilizing cash flow before expanding online. This conflicting advice forces the owner to weigh the risks and benefits before deciding.
In another case, a startup founder receives conflicting legal advice about structuring their company. One lawyer recommends an LLC for simplicity, while another advises forming a corporation for investor appeal. The founder must research, compare the long-term implications, and possibly seek a third opinion to make the best choice.
An example of a conflicting advice clause
Here’s how a conflicting advice clause might appear in a contract:
“In the event of conflicting advice provided by multiple advisors, the Company reserves the right to assess, evaluate, and determine the best course of action at its sole discretion. No individual advisor’s recommendation shall be binding unless expressly agreed in writing.”
Conclusion
Conflicting advice is common in business and decision-making, presenting both challenges and opportunities. For SMBs, learning how to assess and reconcile different perspectives can lead to better choices and stronger long-term strategies. Seeking multiple viewpoints, conducting independent research, and considering business goals can help navigate conflicting advice effectively.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.