Insurance can be a significant cost for most cabinet makers. It is therefore important that you consider prioritising your insurance spend on a “must-have basis”. There are three primary loss events that are considered to be catastrophic in nature and would therefore require “must have” insurance covers. These include: property, business interruption and legal liability […]
Cabinet makers come in all shapes and sizes. Some business may design, manufacture and install, whilst others choose to provide mono-line services such as; manufacture or design or install. With an average expense/turnover ratio of 77-92% (ATO Benchmark), operators are often looking for cost savings and efficiencies. Insurance is a significant cost but a necessary […]
It’s easy to get caught up in the day-to-day running of your business and forget about your staff and their wellbeing. But if your staff are happy in their work then this is a large part of what makes a successful business. Taking the time to hire the right people and create the kind […]
When it comes to insurance there’s no such thing as a one-size-fits-all solution so don’t let anyone fool you. Read on to find out more about the common myths we hear from customers.
As we head into the new financial year, you should be looking at statements from the last financial year and trying to spot any trends or patterns. Examine the areas where you were spending the most money and evaluate whether you could possibly reduce some of these spendings.
Cash flow statements can be thrown into the pile of more paperwork more often than not but here’s why it’s time you took notice and made decisions surrounding your business based on them. Read on.
Keep your business just that; your business, and minimise the risk of cyber attacks with these handy hints. Read on.
You’ve heard about Car Insurance and Home & Contents Insurance. But do you know what Residential Strata Insurance is? If you own a residential apartment or flat, it’s likely that you’re paying for Strata Insurance already as part of a Body Corporate fee. Here are some quick facts you may not know about this type […]
Do you find it easy to retain staff or do you have a high turnover? Staff loyalty isn’t something that’s easily gained, but it’s worth working at. In fact, losing key staff is a business risk that all businesses should consider. A team of loyal staff creates stability, fosters trust and enables you to meet […]
With everything going on in recent months, you may have missed the new obligations that were implemented with annualised salaries from March 1, 2020. They will have a significant impact on employers who pay annualised salaries to employees that are covered by various categories of modern awards. In our latest article here at Allsafe Insurance […]