According to the hair and beauty trade body NHBF there are an estimated 43,000 hair and beauty businesses in the UK. Each one of these is at the very heart of its local community. Offering a much-needed space for friends to talk and unwind and get some well-deserved pampering. While these salons have higher business survival rates, compared to other sectors, many of them are small businesses and during turbulent times come under threat.
From ice cream parlours to hair salons and garage repair shops, running your own business and being your own boss is a dream come true for many. However, with the rewards come challenges. One of which is choosing the right type of commercial insurance needed to protect yourself, your business and your employees. After all, as with businesses themselves, there’s no one-size-fits-all policy.
A hair salon is a business that handles water, chemicals, electrical appliances, blades and cutting machines. What’s more, they’re open to members of the public. There are lots of health and safety issues to consider in a hair salon or barbershop, so let’s look at the main risks.
Stepping out on your own can be thrilling and financially rewarding, but the risks are also higher. Commercial insurance is essential to ensure you don’t lose out if something happens that could be covered by insurance.
As a landlord, it doesn’t matter how many properties you have in your portfolio, you want to make sure every single one is protected. After all, each property – whether a single occupancy house or apartment, HMO or commercial building – represents a significant and valuable asset.
Your holiday home should be exactly that – a home-from-home for happy holidaymakers. The more welcome they feel, the more likely they are to return year after year and recommend your holiday home to their friends.
If you’re a food business, the Food Hygiene Rating Scheme should be a big deal. With more than two thirds (68%) of consumers choosing where they will buy food from based on a venue’s food hygiene rating, getting a high score is clearly a major factor in building a successful business.
Social media can be much more than just an online marketplace for your vehicles. It allows you to converse with your customers and showcase your company in creative, engaging ways.
It’s the stuff of nightmares – a customer trusts you with their beloved car and it ends up with a big scratch while in your care. No valet wants to have to explain that one to the owner or pay to sort out the damage.
Allowing dogs to stay in your holiday home can be a real marketing advantage, widening your accommodation to more people. On the other hand, dogs bring mud, smells, and hair with them and they can cause damage and hassle.
Here at Insurance Choice, we’ve been keeping a close eye on government guidelines in anticipation of the gradual easing of lockdown. As most of England anticipate the opening of pubs and restaurants again on Saturday (4th July), we’ve prepared some top tips for ensuring your business is safe to re-open when you choose.
If a building or business has been undervalued, the cost to the business owner can be enormous. If there is any difference in the valuation figure and the actual cost of repairs, it’s often up to the owner to make up the shortfall. Money that most business owners will not have lying around.