Starting a Business with Business Insurance
Not many people know this yet, but over the last couple of months, I’ve been working hard to get everything in place to start a new business – I can’t reveal too much info just yet, but it will be an online store that stocks a range of equipment.
The equipment that is being stocked, does not come cheap – with the bulk of the products being at least R1500 a piece, the value of the stock in hand could be quite high.
As a creative, much of the focus has been on the branding and marketing thus far, but then I stumbled upon the term “business insurance” and wanted to learn more.
Even though my business will be online, and have no physical storefront, there will still be physical things that cannot be kept safe in the cloud – things like my laptop, and those of future employees, and my car, need to be covered by business insurance.
King Price offers award winning service and their comprehensive list of business insurance options, give me peace of mind.
King Price’s Business Insurance Types
- Office Contents
- Business Interruption
- Accounts Receivable
- Goods in Transit
- Business All Risk
- Public & Employer’s Liability
- Stated Benefits & Group PA
- Electronic Equipment
- Motor Traders Internal
- Motor Traders External
- Machinery Breakdown
- Machinery Breakdown – Deterioration of Stock
- Machinery Breakdown – Business Interruption
As you can see, the options are almost endless – naturally, not all of the options will apply to my online store, but some will come in really handy should anything go wrong.
Having spoken to some business owners over the last couple of months, I was taught one very important lesson about running a business: Things do not always go as you plan them, and when they don’t, you need to have systems in place to avoid closing your doors.
Comprehensive business insurance is just one of these systems and I encourage you to explore your options, today!
*This is a sponsored post
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