All business owners have a lot of challenges, but many fail to contemplate what might happen if their business is suddenly unable to trade. From illness or injury to a fire at your supplier’s warehouse, there are many ways that your profit generation could be suddenly halted. While there are many … [Read more...] about Income Protection for Business Owners
Real Risks in Business: A Guide to Insurance
Starting a business is a risky business, which is why it pays to be prepared! While it is impossible to predict exactly which possible hardships may befall your company throughout its years of operation, it is possible to load up on the right business insurance that will provide you with coverage … [Read more...] about Real Risks in Business: A Guide to Insurance
What am I responsible for as a business owner?
There are countless circumstances that may have a negative effect on your business, many of which are impossible to predict. The good news is that it is possible to prepare for any eventuality, thereby safeguarding your business from potential financial ruin. The best way to do this is with the … [Read more...] about What am I responsible for as a business owner?
The insurance implications of working from home
Australians are increasingly working from home, with the most recent data from the Australian Bureau of Statistics indicating at least a third of us choose to work from home at least part of the time. A study by future trends research house McCrindle shows there are lots of different reasons why … [Read more...] about The insurance implications of working from home
Government urged to act on building certifier insurance crisis
Construction industry leaders met in Canberra this week to urge the Federal, State and Territory Governments to act now to address the building certifier insurance crisis that has potential to bring building and construction activity to a halt. Denita Wawn, CEO of Master Builders Australia said, … [Read more...] about Government urged to act on building certifier insurance crisis
Why small businesses use an insurance broker
Small business owners tend to be born optimists with little inclination to think about what could go wrong. That’s why it pays to have an insurance broker in your corner to safeguard what you’ve worked for. Paul Harrison’s family-owned shoe shop in Sydney’s Neutral Bay has operated out of various … [Read more...] about Why small businesses use an insurance broker
Why your business needs an extreme weather action plan
Extreme weather conditions are increasing around the world, and Australia is no exception. Experts predict this summer will, again, be one of the hottest on record, with severe bushfires, storms and floods all set to increase. In the absence of the vast resources of larger organisations, there is … [Read more...] about Why your business needs an extreme weather action plan
How Liable is a Builder?
Two recent cases found against builders has prompted this article. The first; The Owners – Strata Plan No. 66375 v King [2018] NSWCA 170 (“King”) The Kings were the directors of a building development company, Meridian Estates Pty Ltd (“Meridian”). Meridian engaged an architect, Bonus Architects … [Read more...] about How Liable is a Builder?