Three ways to spring clean your small business

Spring is a time for fresh starts, new beginnings and giving your business a chance to reset and refocus. At Everywhen, we are here for you across the year, helping you get the best out of your insurance whatever the weather. As we enter the season of growth and renewal, it is a good moment to look at a few areas that are worth reviewing at this time of year.

This spring, it’s worth reviewing your current cover levels to check they are still right for your business in the new season. For many SMEs, stock and equipment usage changes throughout the year, and it is important that your policy reflects this. While some policies account for stock fluctuations, not all of them do, and this is a detail that is often overlooked in standard business cover.

It is also worth reviewing your business interruption cover at the same time, as it is easy to underestimate how long it would take to get back on your feet after a major loss. In fact, our risk partners, Risk Stop, identified business interruption as one of the most disruptive exposures to a business. While many policies offer 12 months as standard, this is rarely enough time for a business to fully get back on their feet.

Another important thing to consider is the vehicles that you use as part of your business. Has your fleet grown recently? Or are you using vehicles in a different way as the season changes? Now’s a good time to check that all vehicles are correctly listed on your policy, that the right people are named to drive them, and that the values and mileage are still accurate. This also applies to any tools, machinery or specialist equipment that you work with.

At Everywhen, we can arrange fleet insurance that that protects your commercial vehicles under one policy. This can save time and reduce paperwork, and is especially helpful as your business grows because you can add vehicles whenever you need to.

Finally, spring is a good time to check in on your people. Workloads often shift at this time of year, so it is worth making sure your team has what they need to feel supported and able to do their best work. That could mean reviewing rotas, planning ahead for holidays or encouraging development opportunities.

It’s also worth considering whether your employee benefits are still providing the support your team values most. Many SMEs use benefits to help with retention, but they can also meaningfully improve day to day wellbeing, from protecting incomes to helping people manage their health.

Reviewing this shows your team that their wellbeing matters to you as their employer. Click here to find out more about Everywhen’s employee benefits service.