The hidden costs of equipment breakdown
Unreliable equipment can be the death knell for a business, with the costs of equipment failure and downtime tricky to accurately predict and calculate.
What then, are the best practices your business can adopt to calculate the actual cost of equipment failure?
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What you need to know about the claims process
No business wants nasty surprises. So, when an adverse incident means you need to claim on your insurance policy, we will manage the process on your behalf.
Here’s a six-step overview of what happens from go to whoa once we lodge a claim for you.
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How insurance differs between a sole trader and a company
Whether you currently run or are looking to start a business, consider if you've got the best-fit business structure to suit your needs.
This article will explore the pros and cons and explain how insurance cover differs between sole traders and companies.
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Winter is Coming: Are you Insured?
As the temperature dips, how prepared is your business for winter operations? We’ll outline the range of risks the colder weather brings and how to minimise them. It’s also timely to review your insurance cover.
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Why your Business may be Tax Audited if you Accepted COVID Support Payments
If your business received COVID-19 support payments, such as from the Federal Government’s $90 billion JobKeeper program, you may face an ATO tax audit. That office is expected to focus on employer obligation audits and reviews this year. At the height of the pandemic between April and September last year, 3.6 million workers received the JobKeeper wage subsidy.
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The Risks of Underinsuring your Business
Underinsurance is more common than you think. Industry figures show up to 62% of small-to-medium-sized businesses don’t have correct-value insurance.
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Are you doubling up if you have builders’ risk and general liability insurance?
With builders’ risks escalating and an increasingly tougher regulatory environment across Australia, how can construction contractors protect against potential liabilities and losses?
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Does your office productivity need a boost? Try these simple tips
With 2021 now in full swing, how can you build higher productivity in your office? Try these simple fixes.
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Insuring your whole business? Is that even possible?
Wouldn’t it be simpler and easier if you could insure your whole business with a single policy? Here's how.
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Probation Periods
A probation period serves several purposes – as an employer, a probation period allows assessment of the employee's fitness and suitability for the position and business. It is also a period of training, coaching, ongoing assessment and possibly at times, time for correction. For the employee, it is a time they can assess whether the position and business are really what was expected and, if not, they have the option to resign.
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Four ways to reduce your business risks in the uncertain business climate
In an unpredictable business environment, such as during the COVID-19 pandemic, it can be difficult planning to eliminate, minimise or control risks to your operations. This article offers four types of insurance that can help you deal with uncertainty. Find Out More Here
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Protect your business against these top cyber threats in 2021
With about 60% of targeted attacks on small-to-medium businesses, cyber security should be a top priority. This year, we expect to see many Australian businesses tackle the following top four cyber threats, as part of best practice data protection. Find Out More Here
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Social Media and the Workplace
Most businesses use social media as a marketing tool and despite its broad acceptance, business owners and managers need to understand and manage the risks that come with the use of social media in the workplace.
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When to get insurance for your new business
Some new businesses underinsure, or shirk insurance altogether, but managing your risk profile is a top priority - only 54% of new businesses make it to year 5.
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The Importance Of Having Engaged Employees In Your Business
Business owners expend considerable cost and energy in protecting the reputation of their business. Employees who are engaged become very effective ambassadors for your business – they want to promote your business, its products, services and its branding. How can you support the engagement of your employees?
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Annual close down of businesses
What should I know if I want to ‘close down’ my business for brief period?
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Landlord insurance demystified in under 3 minutes
Has COVID-19 made you unsure about managing the risks of owning an investment property? This article will update you on what landlord insurance will and won't cover in light of COVID-19.
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Asset Protection: How to plan for the unexpected
In business, as in life, things can change unexpectedly, and not always in a positive way. The key to success is to be prepared for almost anything. Easier said than done.
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Heavy commercial transport: what could possibly go wrong?
Heavy commercial transport helps keep our economy running smoothly, but there's a lot that can go wrong if you're running a transportation business. Do you know who is at the wheel? What happens when there is inadequate journey planning?
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Employees Returning to the Workplace?
Businesses have had to be flexible during the COVID-19 pandemic and it has become evident that many roles can be effectively actioned from home. However, if an employer directs an employee to return to the workplace, can an employee refuse this request?
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