As Australia emerges from lockdown, businesses are now facing the next hurdle.
As they adapt to the post-COVID landscape, some will be looking at how to adapt their business models to comply with new hygiene and social distancing requirements, while also saving on unnecessary costs.
However, now is not the time to cut back on insurance: with many businesses holding fewer cash reserves, insurance still provides important financial protection against unexpected setbacks, like fire, storms or theft.
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Photo by Andrea Donato on Unsplash
Unreliable equipment can be the death knell for a business, with the costs of equipment failure and downtime tricky to accurately predict and calculate.
Bushfires can wreak havoc and cause damage and devastation. Defend your business by getting prepared, having a plan and ensuring you have the right coverage to financially protect your assets.
Every 10 minutes on average, another Australian small business reports a cyber crime, according to the Australian Cyber Security Centre.
Disruption has been a constant theme for hotel owners thanks to online booking platforms, home-sharing, Airbnb, and, more recently, the pandemic. So, how can you bolster your business against the risks of potential losses?
With about 60% of targeted attacks on small-to-medium businesses, cyber security should be a top priority. This year, we expect to see many Australian businesses tackle the following top four cyber threats, as part of best practice data protection.
Your business can change a lot in a year – expanding, shifting online, hiring staff, or upgrading equipment.
Across Australia, more businesses are operating without offices or in-house servers, choosing cloud-based platforms instead. Remote and flexible work has accelerated this switch for thousands of SMEs.
With spring here, it’s the perfect moment to reset your business and build momentum for the year ahead.
Casual labour is getting more expensive, and employers are feeling the pinch.
When a cyber incident occurs, your first step should always be to contact your insurer immediately
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