Running a small business can be thrilling, filled with opportunities and challenges. But like all great adventures, preparation is key. And one of the things you can do is to protect your business several safety nets that keeps those ‘what ifs’ at bay.

Whether you’re thinking of starting a brickie business in Broome, a professional consulting business in Perth or a bakery in Bunbury, there’s a few things you need to know before setting up and starting your own business in Western Australia.

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.

As a small business owner, you may already hold Public Liability insurance*. But do you know exactly what your policy does and does not cover?

Sole traders are people who own and run a business as individuals. Australian sole traders enjoy many benefits that come with being self-employed, from setting their hours and rates to choosing the clients and customers they work with.

Public Liability insurance. It’s one of those fundamental covers that most SMEs are familiar with.

If you’re a sole trader or small business owner, you know how important it is to protect your work and your customers. Even when you take care, accidents can still happen. Without insurance, you could face large legal or compensation costs that might seriously affect your business.

You’ve worked hard to build your business, so it makes sense to protect it. Below are the top 5 reasons NHAA members should hold and maintain Professional Indemnity and Public Liability insurance.

Public Liability and Professional Indemnity are two of the most common types of business insurance in Australia. They both cover compensation claims, but the main distinction is the types of events and risks covered.