Posts Tagged ‘insurance’

Risk acknowledgement

Wednesday, October 27th, 2010

How often do you consider the risk of running a business?

As much as we’d love business to be about profits and perhaps doing what we love, there are also risks to running a business and ignoring those risks can lead to all sorts of problems. Acknowledging risks, however may mean yu can reduce the likelihood of them occurring and allow you to plan ahead to make dealing with a risk easier.

Here are some risks you may want to look at for your business:

Protecting your business

Friday, November 16th, 2007

I just found this great blog post about protecting your business. I’ve read about doing back ups many times, and even have back up systems in place :) , but I haven’t thought about all of the insurance issues Michelle mentions in her post.

And having our power go on and off for the last twelve hours (I have literally started this post three times to have it stop every time. This time I am saving after every sentence, lol!) I am more conscious of the possibility of having problems – it doesn’t have to be a bush fire or cyclone to destroy your business.

I’m not sure about the tax situation here – she is writing about the USA so it may be a little different here of course but it’s still an interesting thought – how would you spend any business insurance money? Would you pick up where you left off, or would you start something altogether new?