It’s amazing how many new entrepreneurs don’t see insurance as a necessary expense. I understand why, though; when you’re bootstrapping, you only want to spend money on things you will need and use right away. Paying for a service you might not need seems counterproductive.

The thing is, business insurance doesn’t have to be scary or expensive, and we all know that having it can save countless headaches in the future. It’s important to find out how you can protect your business and its assets to ensure your company is sustainable for a long time!

Natalie and her team at Axis Insurance are great at helping emerging entrepreneurs understand what their insurance needs are. You can meet Natalie at Idea to Open on November 27 – have you got your ticket yet? Click here to register.

1. Who are you and what’s your company?

I am an Account Executive at Axis Insurance Managers. Axis Insurance is a locally owned insurance brokerage with 3 locations. We offer business, home, auto, marine, travel and life insurance.

2. How do you help small business owners who are just starting out?

We devise an insurance program tailored to each company/business needs.

3. What do you most love about the work you do?

Understanding the unique aspects of each type of business operations. I really enjoy being able to offer solutions that do not cost clients any money (such as risk control or prevention methods).

4. What is your best piece of advice for would-be entrepreneurs?

Develop a budget with a fund “cushion” and manage risks proactively.

5. What is your favourite little-known resource for entrepreneurs?

I think networking with other business owners is often overlooked but can be a valuable resource.

6. In your opinion, how important is planning to the success of a small business in its first year or two?

Very. Most small business either “sink or swim” in the first few years.

7. How can entrepreneurs get in touch with you to learn more?

Email | 
Phone | (604)731-5328

Anything else you want our readers to know?

Many aspects of risk management are really just common sense stuff. An example is not putting flammable items blocking your emergency exits (!) You can take a lot of simple measures to protect your business that don’t cost a penny.