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Risk Management

Risk Management

The short version is “Don’t Wait!”

 

Being based in Wellington, we have regular reminders – particularly in the form of earthquakes – that we need to have Risk Management Strategies in place to minimise the impact on our business. 

We want to encourage you to step into this space and plan these things in advance. One of the people on your virtual team should be an insurance broker who is NOT wed to any single product or a brand, who will advise you objectively. The best way to find someone is through your social network, or we can certainly put you in touch with a few people too. 

Some things that we suggest are Business Interruption insurance, key person insurance, strong shareholding agreements, and ideally, getting to a position where you can self-insure and have a base of at least two months (preferably 6) of normal trading revenue in a ‘slush fund’. 

Business is serious, people livelihoods are at stake and we need to make sure we have these things covered.

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toolkit

6 Weeks to Action Toolkit
FREE email series

Wondering if our style of coaching is for you? We have condensed 6 of our most valuable and actionable tips from real coaching sessions to give you a taste of our business coaching style.

WHAT YOU GET

  • Weekly instalments delivered direct to your inbox for 6 weeks
  • Rich, relevant content outlining business problems like ‘Why selling more is costing you money’ and access to our blueprint on how to move forward.
  • Valuable and actionable tips to start making changes within your business – now.

At the end of the six weeks you will have a taste for how business coaching can work for you. You’ll also gain an insight into our unique approach to helping overworked business owners regain control of their business.

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