As the owner of a small business, reducing your carbon footprint is more than a nice thing to do. A growing number of customers are including environmental responsibility in their purchasing decisions, so taking action may have a positive impact on your business. It may also have an impact on your ability to attract [...]

What does product liability insurance cover? Product liability insurance is part of public liability insurance. It helps protect businesses that manufacture, sell and import products that are bought and used by the public. This cover provides protection when someone claims to have suffered personal injury or property damage as a result of your business's product. [...]

If you’re facing cash-flow challenges and are worried about how you’re going to pay for your insurance, premium funding may be able to help. It works by having a funding company pay the full premium of your policy on your behalf to the insurer while you repay the funder in monthly repayments. This can [...]

It’s a disease that some doctors have labelled worse than asbestosis and there are fears a major epidemic may be unfolding nationally. If you work in stonemasonry, or any trade that involves exposure to dust from stone, bricks or cement, you need to know about silicosis. What is silicosis? Silicosis is the scarring of [...]

Welcome to the gig economy. Subcontracting, outsourcing and freelancing are becoming ever more common as both workers and businesses chase flexibility. But having non-employees regularly work for you can open you up to a whole new range of liabilities. Over the past decade, advances in technology and a hankering for greater weight on the [...]

Trade credit insurance is an important tool in a small business’ arsenal to protect against the risk of debts not being paid. Australian businesses owe around $950 billion to other businesses. Which means it’s essential to have protections in place so that in the event a creditor does not meet its obligations, the business can still [...]

New Australian privacy laws came into force on February 22. Experts warn you may be left scrambling if your SME hasn’t locked down personal information and developed a response plan to deal with privacy breaches. Changes to the Privacy Act mean Australian businesses with annual turnover in excess of $3 million will be required [...]

It goes without saying that you want your business to grow and prosper. So how do you pay your staff in a way that motivates and rewards them for helping you achieve your business goals, and tap into additional revenue streams? Commissions could be the answer to both questions. Let’s take the issue of [...]

If your business has anything to do with goods that are transported by a heavy vehicle, it may face a raft of duties and penalties under the new HVNL. Whether your business consigns goods that are transported by heavy vehicles, packs the goods, loads or unloads the goods, it may soon have a duty [...]

Never-ending supplies are the subject of much fiction. Think: Willy Wonka and the Chocolate Factory, that iconic 1990s Tim Tam advertisement or children's classic The Magic Pudding. But, as with most things in life, reality bites.  With that in mind, let's look at some practical tips to help ensure that your inventory never runs out. Why having the [...]