Visio - An error (1) occured during the action Open file

I have been working on a Visio 2003 file and for no reason I cannot re-open the file once it has been saved. The error message is per title. Someone in the office has suggested it may be a corrupted picture within. Would appreciate help in:-

1) How to recover file?

2) To prevent this happening again?

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Problem may be due to a bad template.  Is this the first time you have used this template?

you can dig a little deeper by pressing CTRL+SHIFT+I when you get the error message, and searching on the specific error number

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also, does provide any clues?
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