Business Essentials

Don’t have the time or inclination to help develop the people around you into leaders? Think again.

So says consultant Anneli Blundell, co-author of Developing Direct Reports: Taking the guesswork out of leading leaders. As a business owner or manager, you've got an important role to play in helping those around you become leaders too. Your business will benefit! But there will be recalcitrant players among them. Anneli identifies the 12 derailers to good leadership and how you can help get those tricky would-be leaders back on track.

Business Essentials Daily is produced by:

SoundCartel
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+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Breaking up is hard to do — make sure you know your legal options.

Disputes among shareholders in a business occur way too often. As much as we hope it doesn’t happen to you, we’ve asked shareholder dispute expert Grant Guenther of Macpherson Kelley to highlight the options available to you if you’re facing a relationship breakdown in your business and are looking for ways to sort out the subsequent mess.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

How can you turn the fantastic customer experience you offer into a goldmine?

We’ve heard from Darrell Hardidge, CEO of SAGUITY, before about striving to provide a 10 out of 10 experience for your clients. He says that accurately documenting the results of extreme client loyalty is significant when you want to sell your business.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

In recent years, a massive spotlight has shone on the ethical behaviour of banks and other Australian financial institutions. The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry uncovered cases of corporate greed at the expense of their ethical responsibilities. At the heart of the problem, says Karen Gately, CEO of HR consultancy Corporate Dojo, is culture. Leaders are in a position to shape the behaviours of those in the workplace, whether they run a large corporate or a small enterprise.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

The federal budget is around the corner, our debt blowout is mind-boggling, the vaccine roll out is stumbling and interest rates remain stubbornly low. What does it all mean for us as we steer our businesses through 2021 and beyond? Neville Norman, Professor of Economics at Melbourne University, has warnings and watchouts for us all.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

All the best intentions in the world won’t fix problems down the track if you’ve failed to do proper due diligence.

As a lawyer, Jennifer Irwin-Persson has seen a lot of business relationships left in messy and costly break-ups — most of which were avoidable if proper planning was considered in the first place. Jennifer is Principal of JIP Legal, and she explains what small business owners should think about and discuss with a potential business partner before committing — and the list is a long one!

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

It’s much tougher to get your message heard these days among all the other messages vying for customers’ attention. Harry Mills, CEO of The Aha! Advantage, says your messages must pass the SAUCE test to pack the punch needed in these days of information overload. It’s detailed in his book, ‘Secret Sauce: How to Pack Your Messages with Persuasive Punch’. Your sales message must be simple, appealing, unexpected, credible, and elicit an emotional response.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Barriers to growth are many - none more so than finding capital. Small businesses in particular struggle to find extra money to fund growth because of a lack of time and resources. John Di Natale, Director of Equiwealth, offers some interesting alternatives to the traditional means to raising capital.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Divorce is stressful enough but add the additional element of a family business to the mix and the complications can be hugely magnified – especially when an amicable arrangement can’t be reached by the warring couple. What’s the best way to reach an acceptable resolution – and one that won’t trigger tax issues for either party down the track?  Tax specialist and Partner at Mazars, Kim Hanrick, offers some sanguine advice. 

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

The old rules of selling won’t cut it any more as consumers become more savvy and far more cynical. CEO and sales guru, Harry Mills of The Aha! Advantage offers a technique which aims to have consumers persuade themselves to buy.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.