We will have agreements with the clients that they can talk about our services but not deliver the programs to other people who is not our clients. InsuranceWorker’s compensation We have workers compensation for our personal trainers which are regulated under the NSW fair work ombudsman. Public liability insurance Our public liability insurer is Fitness Australia, this insurance protects our personal trainers and fitness instructors with any public liabilitiesProfessional indemnity We have professional indemnity. Our professional indemnity will also be insured by Fitness Australia under their Legal Liability cover.Business assetsBusiness assets will be insured by Fitness Australia under their Business Losses Cover, this covers theft & burglary, money, employee dishonesty, glass, general property & cars.Business revenue Business revenue will also be insured under Fitness Australia through their Business Continuity Cover which covers for loss of income and /or rent if your business is interrupted or interfered with as a result of damage, interruption of utilities and access prevention.13BUS12 BusinessAssignment v2.2 (2019/03/18)
Risk management [List the potential risks (in order of likelihood) that could impact your business.]Describe the RiskRate theLikelihoodImpactStrategyFitness related physical injuriesHighly LikelyLow-High (dependingon the severity of injury)• First aid kit and defibrillator are in place• Staff are fully qualified to perform first aid and CPR• Clear statement in contract and waiver form that any serious injuries that may occur during exercisesClient not showing up for session with no or very short noticeLikely Medium • Message them before the session to double check they are still available and know what time• State in the membership contract that there will not be anymake-up session if no show without notice or less than 12 hours noticeOld electrical cable or faulty machinesUnlikelyHigh•Weekly or monthly equipments checked and tested • Equipment electrically safetytested.AddAdd Legal considerations [Choose which laws may be relevant to your business. If you are unsure look up the act online. Explain in a couple of lines how the act relates to your business and how you will cater for it. You can find information on these at .This is not designed to be exhaustive in terms of the Act’s and Law’s relevant to your business, we recommend you seek legal advice from an appropriately qualified professional before starting a business.]Act/LAWRelevant tobusinessWhy?Privacy ActYesMaintaining client and staff records. Will ensure client and staff privacy is maintained securely and not provided to third parties. Will not source information from clients or staff not relevant to their dealings with the business.