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Protecting business assets
Every business should take steps to protect its assets, including insuring your business premises and equipment. Your intellectual property, including your ideas, processes, products, patents and trademarks also need protecting. And it’s wise to be prepared and ready for any unexpected and unpredictable events that would cause a major disruption to your business.
Insuring your business against loss or risk is important. You may want to have insurance cover for your business assets (such as equipment, stock or vehicles) and protect yourself against professional or public liability claims and loss of income. Your insurance adviser can help you decide what insurance cover is right for your business. This is an introduction to business insurance.
Could your business deal with an unexpected disaster like an earthquake, fire or extended disruption? Does your business have a plan to deal with events that could make it difficult to keep your business operating? If you're not ready, this is an introduction to business continuity planning.
Your ideas, designs and even your brand names or logos are examples of your businesses intellectual property. They can be valuable business assets and you'll need to protect them from your competitors. Copyright, registering a trade mark, or filing a patent are three ways to do this. This is an introduction to protecting your intellectual property.