A wide range of opportunities awaits ambitious carpenters in South Africa. Some carpenters choose to gain experience by working as employees in existing carpentry businesses. However, many carpenters eventually decide to start their own carpentry companies. Transitioning to self-employment is an attractive option for carpenters. By this stage in their careers, they typically have a solid collection of tools, a …
9 Management Tips for Plumbing Businesses in South Africa
Running a small plumbing business in South Africa can often present numerous challenges. From managing your workforce to handling unexpected issues on job sites, it can be demanding to keep everything running smoothly. However, with the right management tips, you can ensure the success of your plumbing business. Here are 9 valuable tips to help your plumbing business thrive and …
What to Consider When Buying Contractors All Risk Insurance
Contractors All Risk (CAR) insurance is an essential component of any construction project, as it offers comprehensive protection against a wide range of risks and uncertainties that may arise during construction. This article will guide you through the crucial factors to consider when purchasing CAR insurance, ensuring that you make an informed decision and obtain the best possible coverage for …
The Difference Between Contractors All Risk and Public Liability?
Insurance policies play a crucial role in safeguarding businesses from unforeseen risks and damages. In the construction industry, two common types of insurance covers are Contractors All Risk (CAR) and Public Liability (PL) cover. These policies provide protection to contractors, subcontractors, and clients against various risks that may arise during construction projects. Understanding the difference between these two insurance covers …
Protect Your Business with Contractors All Risk Insurance
As a business owner in the construction industry, you know that there are many risks that come with the territory. From accidents on the job site to natural disasters, there are many things that can go wrong and cause damage to your business. That’s why it’s important to have the right kind of insurance in place to protect yourself and …
Risks of Cancelling My Professional Indemnity Cover
The associated cost for Professional Indemnity insurance may seem unnecessary, but many small business owners aren’t aware of the exposure to risk without protection As a business owner in a specialized field, which could include occupations like architecture, consulting, bookkeeping, and construction – Professional Indemnity insurance is designed to provide you vital protection from the unique risks you face during …
Professional Indemnity Insurance | The Legal Requirements
Some occupations in South Africa require a prerequisite amount of insurance coverage. Let’s dive into professional indemnity insurance, what it is & its legal requirements. Whether you’re in construction, engineering, legal counselling, representative work, management consulting, or accounting – you deal with clients on a personal level. Your work involves advice and specialized services which will often leave you at …
Civil Engineers | Suitable Professional Indemnity Insurance
The risk and exposure you face as an expert in construction, development, civil engineering, and other construction occupations, are not just physical , but can also include risk relating to design faults, construction defects, health & safety risks and regulatory compliance. These risks are often overlooked by busy business owners in the construction and civil engineering occupations. As your skills …
How Can You Benefit From Professional Indemnity Insurance?
There are more than just a few ways your business can benefit from Professional Indemnity (PI) insurance and we’ve highlighted the main reasons for you to consider. If you’re asking yourself: how can your business benefit from Professional Indemnity insurance, this means your small business is growing and will need a certain amount of protection against the unique liabilities your …
A Guide to Finding the Right Professional Indemnity Insurance
It may seem overwhelming to find the right insurance quote & cover – In this article, we cover how you can find the right Professional indemnity insurance, no matter the profession you’re in. While there may be a lot of literature about Professional Indemnity insurance, it’s hard to find all the answers in one place. From the variety of risks …
Food and Beverage Insurance, Is It Really Important?
Restaurants, bars, cafes, coffee shops, ice-cream parlours, caterers, canteens, and similar businesses are at risk of a wide range of events. That’s where Food and Beverage insurance comes in. Designed with your business needs in mind to create the perfect package to protect your company. Food and Beverage insurance protects your business from unexpected events and challenges, providing cover when …
Sole Trader’s Guide | Understanding Public Liability Insurance
You’re living the dream many only ever think about. Running your own business as a sole trader means you’ve reached a great level of freedom and independence – but as with any freedom and liberty, it comes with great responsibility and duty. Keeping your business safe and protected is a never-ending game, and if you have the right steps in …