01/10/2023
For the small business owner, it is important to take workplace incidents seriously because they can have a terminal effect on the business with alot to rue.
Therefore, prevention should be key, and all incidents should be duly reported, recorded and investigated to stop them happening again at some point in future.
Besides, applicable statutory provisions require that incidents resulting in serious injury be reported to the authorities for records and other purposes. But the extent to which this is complied with by those concerned is a different issue entirely as some small businesses not may fully appreciate or see the need to dedicate scarce resources to such undertakings.
In which case, latching on to putting solid systems in place to manage the hazards and effects of the business before they translate into injuries and other losses may prove to be more beneficial to the business than otherwise. Because whether major, minor or a close shave incident by nature, the thing to note is that they all cost you money.
You may therefore find that it pays to investigate, and fully document the findings so that the right lessons could be learned and put to good use in preventing similar repeat occurrences in the times ahead.
Knowing that incessant recurrences can negatively affect employee morale as well as downgrading projected profits, product quality, alter delivery dates, hurt business brand and reputation, hike insurance premiums and breed mistrust between the leaders, the led, and clients, no effort should be spared when it comes to preventing workplace accidents.
Particularly when general experience shows that nothing good comes of a workplace incident, serious or otherwise.
It therefore makes some good business sense for the small business owner to take accident prevention as an integral part of the business to assure steady growth and continued survival, bearing in mind that the smaller your business the more vulnerable it can be to a major workplace upheaval.
So look to seize every opportunity to explore ways and means of preventing accidents in the business if your aim is to stay afloat for a long time to come.
It is difficult to maintain a healthy bottom line if you have to paddle against a flood tide of repeat incidents half the operational time of your average business year.
The costs and profits do not mix.