There is much information to be gleaned if running a smart and efficient business is your aim. Making the correct and long term decisions regarding your business bank accounts and other financial matters. It matters to have the best account information at your fingertips whether you are an estabished business or just starting out as a sole trader. Take running a baker for example, there’s always risk of accidents and upheaval as a result. whether you are creating fantastic wedding cakes, crafted over many hours and painstaking accuracy and eye for detail, or those carefully created mini muffins cupcakes . . . . or even that secret recipe dough concoction. If you are a customer facing business serving paid for beverages and food stuffs, you must be covered for public and product liability. This is absolutely essential in case your services or any products cause an injury or in any way damage someone elses property. Mo0st bakeries have to consider taking out any of or all of a list of cvariables. Obviously Employer’s liabilit insuranc is needed. It overs you if an employee suddenly becomes ill or injured whilst working for you.. It is a legal requirement if you employ even one person. There are product liability, public liability, business contents; legal expenses and personal accident insurances. Every one should be considered to ensure coverage in these very difficult trading times.