As a qualified and skilled professional in the construction industry, you may work as a contractor or subcontractor, which means it is important that you understand the insurance requirements that come with these roles.

When life takes an unexpected turn, your ability to earn a steady income can be put at risk. For small business owners, sole traders and contractors who may not necessarily have the same protections as salaried employees, like paid sick leave, annual leave, or workers compensation, which can lead to a significant financial strain.

If you are looking at expanding your workforce by hiring contractors to help out, it’s a good sign that your business is growing and ready to reach new heights! The process of hiring contractors involves a bit of research and preparation to ensure that you hire the right people for the job.

Choosing to become a contractor and operate as an independent contractor instead of as an employee of a business or organisation in a traditional sense generally requires that you are very good at what you do. After all, a contractor who isn’t an expert in their field and who can’t demonstrate a proven track record when interviewing for a new contract position may well struggle to find their next contract gig.

For many business owners, business insurance can be a bit of a head-scratcher. Do you need it if you work from home? What’s the difference between Workers’ Comp and Personal Accident & Illness insurance? How much cover is enough, anyway?

Regardless of the industry or type of small business you run, business insurance can play an critically important role in reducing your risk, which will help to sustain your business for the long-term. Business insurance such as cleaning company insurance – also sometimes known as housekeeping insurance – helps protect cleaning business owners from unforeseen incidents and accidents that may reduce their capacity to run their business.

While they have a lot of common ground, there are a number of pivotal differences between a handyman and a licensed contractor and the work they can legally provide to homeowners and clients.

If it’s time for your small business to expand, you will likely need to hire a contractor. Between running your business and balancing your home life, you may be tempted to simply hire the first contractor you find. However, it is important you take the time to research and interview multiple contractors before signing any paperwork. Here are some common mistakes to look out for when hiring a contractor for your business.