1. Make decisions using evidence
Apply this idea directly to business insurance and record the result for your business.
Starting and Planning · Page 15 of 94
Business Insurance
Learn how Business Insurance supports a practical, well-researched and resilient small business in Aotearoa New Zealand.
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What you will learn
2. Separate assumptions from confirmed facts
Apply this idea directly to business insurance and record the result for your business.
3. Record owners, dates and next actions
Apply this idea directly to business insurance and record the result for your business.
4. Know when professional advice is needed
Apply this idea directly to business insurance and record the result for your business.
Step-by-step practice
Step 1. Describe your current position for Business Insurance.
Step 2. Gather reliable customer, cost and compliance information.
Step 3. Compare at least two realistic options.
Step 4. Record the chosen action and its owner.
Step 5. Set a review date and update the plan.
Use safe practice data: Do not enter passwords, private customer information or confidential business records into an unapproved tool.
Good-practice checklist
Use Business.govt.nz as a starting point
Keep personal and business finances distinct
Validate demand before making major commitments
Treat the business plan as a living document
Record who owns the next action
Set a date to review this work
Check the result on a mobile device
Ask for specialist advice where required
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