[floranova]

Hi there,

A while ago I posted about starting a small cake decorating business from home and got some very helpful replies. One more thing I am trying to work out is insurance. For the moment I've settled on just doing cakes for family & friends at cost price (ie no profit) until I can build a portfolio up. Although being just for frineds etc, obviously these cakes will be eaten at parties by other unknown people. So I'm wondering at what point it is appropriate to take out some kind of insurance, such as public liability. I do aim to register the business properly and clear it with council eventually, but I'm just trying to work out what things I need to do now to get it off the ground and cover myself. So for those of you in business, at what point did you take out insurance and what kind? Thanks again in advance for any advice.

[Merry Dancer]

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This post has been edited by StrawberryFields: 15/10/2009, 08:10 PM

[floranova]

Thanks Strawberry Fields. By cost price, I mean friends/family give me money to cover the basic ingredients only and I do all the baking/decorating - ie labour for free. So that I am not out of pocket every time I make a cake - I suppose you could classify it as selling... but I'd like to think of it more as a contribution...its a bit of a grey area I guess. If I could be covered by my existing insurance until I turn it into a proper regsitered business that would be better obviously. I just want to get my skills and portfolio up before committing to a business first.