1. Liability Company.
you start a sole proprietorship or partnership? soon then you are jointly and severally liable for all costs. In other words: if there are arrears, creditors can claim on your private assets (and in some cases that of your partner).
These are things that you can consider, but there are situations that come up with perhaps less obvious. How about for example, when you during a meeting with a potential client accidentally classic Ming vase from the table knock?
To yourself against the financial consequences of such damage caused (but also when your product injury to the user or employee while working to safeguard and protect an accident), you can take out liability insurance.
The chance that you or your staff causes damage to third parties is available from one day; Therefore, one is business liability also for many start-ups are important. The amount of the premium depends in the work, your annual turnover and number of employees.
Is working with harmful substances in your business? Check whether any environmental damage is covered by your insurance. It could be that you have to take out a separate insurance for this. This also applies to professions that may have to deal with (large) financial consequences of professional errors, such as architects or tax consultants. In that case, a separate can professional liability relevant.
2. Disability.
If you are just starting a business, you would rather not pay attention to the risk of disability thinking. But even though the conclusion of an AOV insurance not compulsory: check yourself carefully whether you are the possible consequences of prolonged not work can wear. A (business) accident is simply in a small corner.
And what becomes when you are chronically ill or overwrought? Disability insurance is unfortunately not cheap but there is a bright spot: there are insurers who offer attractive rates starters.
The amount of this contribution again depends in part on your age, your occupation and the amount for which you want to insure you. Tip: the Disability Insurance Interpolis is a good way for entrepreneurs to hedge the risk of disability.
3. Legal.
As an entrepreneur, you should also be prepared for conflicts with customers, employees or suppliers. In the case of legal problems can in most cases make use of your legal expenses; This insurance covers at least any advocaats- and bailiff's fees and the costs of a trial. More information can be found in the article Closing a legal: when wise?
4. Health.
Medical insurance is mandatory for all costs in the Netherlands. Entrepreneurs on average pay a premium of approximately 1100 euros for a basic package. However, you often have to also take into account a number of additional conditions, such as paying an income-related contribution on your taxable income.
5. Retirement.
Entrepreneurs have after their 65th birthday are only entitled to AOW. For any supplementary pension, you are responsible, and - if you later want to enjoy a carefree old age - is highly recommended. Build a comfortable old age can in different ways. So you can each month to put aside a portion of income on a separate savings account .
6. Goods and inventory.
An inventory and property insurance provides coverage against damage to equipment, including computers and electronics.
The damage may result from fire, explosion, burglary or vandalism, but also for instance robbery.
In many contributions the risk can also be insured for damage to property grid must then stand on its own grounds outside the premises. The goods in question.
7. Operating Stagnation.
It may happen that the work circumstances temporarily come to a halt. Does your company (in part) to a standstill by fire, storm, burglary, theft, water damage or an accident?