Association Liability Insurance Explained

In the same way that a business might require insurance cover for key workers against legal liability that may arise in their work activities, so too might a not-for-profit organisation. This where Association Liability insurance comes in.

Association Liability provides financial protection for key personnel in not-for-profits, sporting and industry associations, and other similar […]

What it Takes to be a Successful Entrepreneur

Virtually anyone can become an entrepreneur. Succeeding as one however is another matter entirely! Here are some of the ingredients necessary for entrepreneurial success.

Discipline

Taking care of business really doesn’t mean being paid to do nothing! The more-likely scenario is working 10 to 12 hours a day. It’s also important to learn how […]

GIVE UP THE NEED TO BE RIGHT by Martin Grunstein

The need to be right is a basic psychological human need and it is the catalyst for destruction of relationships, both personal and business.
How innate is it? See whether you relate to this as a parent.

You catch your toddler drawing with crayons on the wall. They have the crayons in their hand and […]

Do You Have Burglary Insurance for Your Business?

According to the Australian Institute of Criminology, there were 188,756 ‘unlawful entries with intent’ in 2016, making it one of the most prevalent types of property crimes in Australia.

All businesses face the threat of burglary and should put measures in place to reduce their risk. This could involve keeping your premises well-maintained, cutting […]

What is Management Liability Cover and Do You Need it?

Management Liability insurance protects business owners, directors, officers and managers for claims made against them for mismanagement and allegations of wrongdoing. These may include allegations of neglect, errors, omissions, or breaches of workplace legislation or safety regulations.

Risk management for management liability includes understanding and complying with OH&S and anti-discrimination laws, as well as […]

Risk Management in the Construction Industry

Construction is risky business. In 2017, the construction industry was just behind transport, postal, warehousing and agriculture, forestry and fishing for the number of workplace deaths, according to Safe Work Australia statistics.

Falling from height was the most common cause of all deaths, followed by vehicle collisions, electrocution, and being hit by moving or […]

People and SMEs – An Overview of HR Requirements

If you employ people in your business, you need to be aware of your legal obligations and requirements around human resource (HR) management.

Here are some of the things to consider:

Type of employment you are offering – whether full-time, part-time, casual, temporary, contractor, or under a traineeship or apprenticeship. It’s important to be […]

Are You Ever Too Young or Too Old to be an Entrepreneur?

What do you think of when you hear the word ‘entrepreneur’? A geeky kid developing software from their parents’ garage? Or do you think of an older person with lots of experience under their belt?

The fact is, there is no ‘ideal’ age to start up your own business, and successful entrepreneurs range in […]

What is Audit and Investigation Insurance?

Compliance is a crucial issue for all businesses. Examples include GST, BAS, PAYG, superannuation, workers compensation, fringe benefits tax, income tax, and keeping proper records.

Any business may become subject to a government audit, investigation, enquiry or review. These can come through the ATO, or a state government or agency. They can also be […]

Building a Robust Game Plan for Your Small Business

All small businesses carry risks that can be financially crippling. Creating a sound risk management program helps make your small business more resistant to risk, harm and loss.

Here’s how to go about it.

Identify hazards – the first step in risk management is to list the hazards in your organisation that could lead […]