Public liability insurance will protect your business if you cause an injury to a member of the public, or property belonging to another business or individual.
You should consider taking out public liability insurance if members of the public visit you at your place of work, or if you perform work at places of work owned by third parties. (more…)
If you are thinking of starting up a taxi business, the most important and initial steps to take are to research the UK taxi industry as a whole, find a unique selling point, choose a brand name and obtain the relevant equipment, employees and licenses.
Nowadays, with emergence of taxi apps like Uber and Get Taxi, starting a taxi company in 2018 is certainly a different ball game than it would have been a decade ago. (more…)
If you are in business, or are starting up a new venture, and are providing any type of professional service to clients, you will need to look at taking out Professional Indemnity Insurance cover.
Professional indemnity insurance, or PI insurance, as it’s often called, is an insurance policy that will protect you from claims made by clients who are not satisfied with the work you have done for them. (more…)
Tradesmen who are looking for the most appropriate type of insurance when setting up a business can often find themselves confused with the sheer number of options available on the market.
From the all-encompassing tradesman insurance, to policies tailored to specific trades, e.g. electrician insurance, the choice can be overwhelming. So to help you work out what policy would suit you, we’re taking a look at the compulsory and optional insurance cover tradesmen can choose from. (more…)
As with owning a car, you are legally required to take out certain insurances when running a business. If you don’t you can be fined heavily and could put your entire operation at risk. It’s also sensible to have some of the many optional business insurance policies available to cushion you from nasty shocks.
With dozens of different types of insurance cover available for businesses, here’s ByteStart’s review of the main insurances that businesses ‘must have’, some insurance cover you ‘should have’, and several ‘could have’ policies. (more…)
Employers liability insurance is a type of business insurance policy that virtually all firms employing someone must take out.
As an employer, the health and safety of your employees when they are working for you is your responsibility. Having an employers liability insurance policy ensures that your business has a minimum level of protection should an employee get injured or become unwell while in your employment, and seek compensation from your business.
The fines for not having a suitable policy can be huge, so here’s what every business owner needs to know about employers liability insurance. (more…)
When it comes to first aid in the workplace, the same principles apply to small businesses with only a few employees, as they do to companies with a bigger workforce spread across multiple locations.
In both instances, there must be plans in place to ensure the day-to-day working operation complies with health and safety regulations, protecting employees from possible injuries and reacting to sudden illness.
Taking on your first employee should be an exciting time. It means your business idea is working and you need help to expand. But while employees will help your business grow, they will also bring new stresses you may not have encountered before.
When you are employing new staff, there are all sorts of costs that you must take into account. Plus the way your business runs with just you and any business partner, may not continue to be appropriate when employees are on board.
This guide will help you identify the true costs of an employee, and build a plan to manage the impact on your business. (more…)
With 2015 fast approaching, an important year in the political calendar, employers are sure to be turning their mind to preparing for any changes set to come in over the next few months.
It’s clear, if last year is anything to go by, employment law will not remain the same for very long and so there are a number of changes that businesses can expect in 2015. (more…)
There are a few certainties in life; death, taxes and skills shortages. However you’ll notice that some companies suffer more than others when it comes to hiring and keeping great employees.
So, how can you be one of the smug employers that attracts and retains great people when everyone else is struggling? And how can you keep the down costs of recruiting staff?
When you set up a business, chances are you will take out some kind of business insurance – some types are mandatory, whereas others will provide you with peace of mind while you concentrate on building up your enterprise.