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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 …
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 …
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 …
Public liability vs professional indemnity comes down to what went wrong. Public liability responds when your business causes injury or damage to someone’s property. Professional indemnity responds when your advice, design or service causes a client a financial loss. Many businesses need both. Public liability vs professional indemnity at a glance Public liability Professional indemnity Protects against Injury to people …
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 …
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 …
Is professional indemnity insurance compulsory in South Africa? For most professionals, no. For some, yes, and for many more it’s effectively required by clients, tenders and professional bodies. Whether you must carry it depends on your profession, your regulator and the contracts you sign. So the useful question isn’t “is it the law?” but “who is requiring it of me?” …
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 …
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 …
To choose professional indemnity insurance in South Africa, start from your actual risk, not from a price list. Work out what could go wrong in your profession, size your cover to your worst credible claim, check what the policy excludes, and only then compare premiums. Buying on price first is how professionals end up properly insured for the wrong things. …
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 …
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 …
