The insurance landscape can be complicated and there is a range of industry-specific terms that are used. Here is a guide to the most common ones.
Read More
If you have an insurance policy, you’re helping to protect yourself against financial or business loss in the event of an incident. If an event occurs, you’d lodge a claim with your insurer. But how does that process work?
Read More
Protecting against risk is essential for any business, and identifying and understanding less obvious exposures can help a business prepare and be best protected, should the worst happen.
Read More
When a business considers engaging someone to perform work, often the decision is about whether to engage them as an employee or as a contractor. The decision is sometimes quite difficult and the difference has implications for items such as, yet not limited to, taxation, superannuation, control and liability.
Read More
All businesses no matter how large or small should have Public and Products Liability cover.
Read More
As a small business, you may be eligible for income tax concessions. From 1 July 2016, the turnover threshold for these concessions is:
- $5 million for the Small business income tax offset
- $10 million for all other income tax concessions.
The turnover threshold up to 30 June 2016 was $2 million for all these concessions.
Read More
Australia is a land of extreme weather, and whilst there is nothing we can do to stop it occurring, we can control the extent to which we are impacted by it. Where business is concerned, controlling the level of damage that a business suffers as a result of extreme weather, and the speed at which it recovers depends entirely upon the directors and management. Regardless of the size of the business there are some fundamental strategies that should be implemented to increase business resilience to the impact of extremes in weather.
Read More