Just imagine: A phone call out of the blue. The caller has a voice you don’t recognise. He’s telling you he is hurt – badly – and you’re responsible. You hang up.

Spring is a season for fresh starts and new beginnings. As a salon owner, you may be keen to revamp your business for the new season. Why not start with your business insurance?

Australian builders can get insurance to protect just about any part of their business—from tools and materials, tool and equipment cover, contract works, and protection against worksite hazards like property damage and workplace accidents. But there might be one part of your business that’s not yet covered—your professional services and advice.

As a small business owner, you know all too well that the fate of your business is in your own hands. But did you also know that as a company director or senior manager involved in the management of a company, you also carry specific responsibilities that have the potential to also leave you personally liable if things in your business don’t go as planned.

Running a small business means juggling a million things — clients, deadlines, invoices, staff. So it’s no surprise that insurance usually gets left on the “I’ll deal with it later” pile… until something goes wrong.

As a business owner, you have countless responsibilities. One of the most important is ensuring the safety of your customers and the security of their property. But accidents remain an ever-present risk despite your best efforts to create a safe environment. Accidents that not only pose a threat to the safety of valued customers, but also exposes your business to potential legal and financial consequences.

As a professional service provider, clients rely on your knowledge and experience. Whether you’re providing them with advice, diagnosing a problem or designing a custom solution, you could be in hot water if things go wrong.

Business insurance. It’s probably not top of mind for most busy tradies. You may be required to have certain policies to work, but beyond that, you might not think about it much.