Understanding the global supply chain disruptions can help small businesses grasp why material prices have skyrocketed and become hard to come by in the past few years. If a trade business cannot maintain a stock inventory or pop to a local builders merchant to pick up some supplies, their company can suffer financially.
We’re a curious bunch at Rhino HQ, and sometimes you’ll find us pondering the big questions. Such as, why is a butcher called a butcher? Why are so many British surnames also the names of historical trades?
Rhino Trade Insurance is here to explain the pros and cons of hiring subcontractors and what you should expect when exploring whether to hire them or not. We have a variety of trade related articles on our blog, so once you've finished this, consider browsing the rest.
Life is loaded with business exchanges, customer interactions and more, from high-stake contract negotiations with councils and suppliers to day-to-day price discussions with local customers. The good news today is that you can gain valuable skills in the art of negotiation, from how to better effectively communicate your product and your offering to how to price the job and not cave on a reduction.
Electric Vehicle chargers, or EV for short, are quickly becoming popular in homes and workplaces due to UK citizens moving towards electric cars. Additionally, the government has set strong EV targets, so we wanted to explore the costs involved and what to expect from an EV charger installation.
So, you want to take out insurance to protect your business. Well done, it’s one of the smartest decisions you can make as a self-employed tradesperson.
We recently published an article showing why it may be time for heating engineers in the UK to consider future-proofing their businesses and training in heat pump technologies. Today, the Rhino Trade Insurance team is here to share the latest news from OFTEC, which has launched a new scheme with heavily discounted training for heating professionals.
Times are uncertain, and managing your trade business is becoming increasingly complex and time-consuming. With the changes in the industry over the past three years, the new normal has affected various areas of our professional and personal lives.
If you’re just starting out in the world of business, congratulations. The road ahead might be tough at times, but you’ll reap so many benefits along the way.
Falling from height is one of the top risks plaguing the trade industry. It is, without doubt, a leading cause of accidents and injuries on a building site. Of the 59,000 tradespeople who were injured on-site in 2021 (many from falls from height), 39% needed, on average, three days off, whilst 26% were off for more than a week.
Trade industry associations offer a variety of benefits for hardworking tradesmen and women in the UK. They can provide useful networking opportunities, industry insight and key developments, legislations, regulations and best practices from your chosen area of work.
Running a small business from home is the dream for many of us. And it’s easy to see why. Being the boss of a home-based business brings you freedom, control and, if everything goes to plan, plenty of cash.
Whether you are starting out or have run your business for years, learning to plan effectively can help your business blossom. We hear countless stories of tradesmen and women stressing over different aspects of their business. Don't spend another moment worrying. We have your back!
Whether you are a seasoned professional in the trade or just starting up, planning your finances and cash flow is an important part of staying liquid. As a self-employed tradesman or woman, you handle a variety of tasks, so let's show you some quick and effective ways to structure your finances.
Communication is key in any industry, but as a tradesperson, it plays a critical role in keeping the project safe, on track, on budget and to the client's expectations. If you have poor communication, you could lose vast sums of money as risks and hazards are everywhere on a building site, and if you don't communicate effectively, something nasty could happen.
Having a mix of trades with various forms of expertise can open different avenues to your business, help you grow, work on more significant projects and develop new skills that you can pass on to the next generation. Let's look at how you can benefit from working with other tradespeople.
They say your reputation precedes you. But what if that’s not a good thing? For tradespeople, professional reputation is a serious business.
Business insurance. What is it? Do you need it? And most importantly, can you run a business without it?
Let's review the new energy relief program, how the latest prices of gas and energy will affect your trade business and what you need to prepare for.
Choosing to work as a Subcontractor can provide a steady source of work without having to look for new customers or get hired by a company. However, it may come with some significant disadvantages, such as less control over who you work with on a daily basis, taxes that may be more complicated, and pay that may not be as reliable.
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