'Money makes the world go round', as they say. Which means if it stops flowing your business' way, there's a good chance your world could come to a standstill. Someone else's bad money management can become your problem too if you don't put precautionary measures in place. But you need to do so properly [...]

Insuring a farm can be a complicated business. We asked someone with a foot in the worlds of both agribusiness and insurance to provide some insights. In his early thirties, John Dunk stopped working on the farm that had been in his family for three generations and entered the insurance industry. He has now [...]

What's that saying about having all your eggs in one basket? Well, it carries a certain amount of truth when it comes to supplier arrangements – if you're heavily reliant on a single supplier you may be exposing your business to unnecessary risk. As governments start reviewing the process of businesses reopening again after [...]

Social media risks for businesses have increased since recent court cases found some Facebook page administrators of public pages are considered to be primary publishers of third-party comments. The cases, heard in the NSW Supreme Court of New South Wales, involved an individual who sued a range of media outlets regarding defamatory comments made about [...]

Few things are more devastating in business than thinking you're covered for a loss only to find out your insurer has rejected your claim. Here’s how to appeal that decision. Just because you've received bad news, doesn't mean you should give up. There are a number of avenues for appealing such a decision, and [...]

It can all happen so quickly – a customer catches their foot on a chair leg, or slips when coming in from the rain – but your business is left dealing with the legal and financial fallout for months. Whether you have a restaurant, a shop, an office or work from home – if [...]

Chances are that in the early years of running a business you were flat out managing rapid growth and assembling a dedicated team. But as your business evolves, your team also needs to continuously develop their skills and knowledge. That’s when you need to get serious about staff training and professional development. Studies show that [...]

The actions you should take when a flood is imminent are very different to the long-term protections you should make to help your business survive a flood.  Here we explore steps to take when you have time to prepare and what you should do if you have no time at all. What to do [...]

Want to increase profits, improve staff retention or undertake a comprehensive review of your insurance policies during the 2018-19 financial year? Here’s some advice on making your vision a reality. Just as a no battle plan survives contact with the enemy, few EOFY business goals survive contact with the day-to-day demands of keeping a [...]

Every business' success hinges on the quality of its employees, which is why you don't want any weak links in your chain of command. Your employees are both the face of your business and its engine room. Whether they deal directly with customers, liaise with like-minded businesses or organisations, or work with your suppliers, [...]