Business Essentials

Many small businesses have managed to stay afloat thanks to the government’s JobKeeper program but as JobKeeper is withdrawn, serious cost-cutting may need to be considered to keep the doors open. That might include the grim task of laying off staff. How do employers navigate the process without being dragged to the Fair Work Commission for unfair dismissal? Athena Koelmeyer, Principal and Managing Director of Workplace Law, offers some wise advice.

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SoundCartel
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A research and development tax incentive has been a nightmare for many small businesses, who have been told to pay thousands of dollars back to the government. Kate Carnell, Australian Small Business and Family Enterprise Ombudsman, says the Incentive is unsuitable for software development in its current form. She explains the lessons for small businesses owners who are considering applying for an R&D incentive.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Before making a big impact as a sales consultant, Tony Gattari was a leading sales manager at Harvey Norman. And for decades since, Tony’s shared his sales wisdom with some of Australia’s leading brands and sales teams. He explains how sales works in the modern world of business.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Mandy Holloway isn't a fan of your typical performance management appraisals which allow managers to hide behind a system. Instead, she says, managers should talk with their staff more often and in a meaningful way. Mandy outlines the seven types of conversations you should have with your team members on a regular basis to help motivate them and ultimately increase the business's performance.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

A lot fewer businesses have gone broke in the last 12 months than during “normal” times. Kate Carnell, Australian Small Business and Family Enterprise Ombudsman, says it’s a consequence of JobKeeper and other benefits to support businesses during the COVID-19 pandemic. When JobKeeper entitlements expire on March 28, it will be a real concern for a lot of companies. Kate Carnell says industry- and region-specific incentives might help struggling businesses while COVID still lingers.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

When it comes to social media, it can be hard to keep up, especially as you consider how to tackle your communications for 2021. Should you be on TikTok? What is Clubhouse?

Kate Fennessy, social media marketer and Director of Paperboat Digital, discusses 7 trends to keep in mind as you approach your social media strategy, what to block out and how to get the best results for your business. Kate also gives her thoughts on dodgy practises on the digital marketing space and how to choose a reputable provider.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

It may not be yet but soon - perhaps very soon - employers will start entreating their staff back to the office. But what happens when employees resist the move and simply say “No”. This will be the start of a difficult conversation between employer and employee, says Athena Koelmeyer of Workplace Law. But the legal rules are clear.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Before you do anything, before you take out an ad or write a blog post, understand what your target market wants and needs.

That advice is from marketing consultant Hunter Leonard, Founder and CEO of Silver & Wise. He’s surveyed thousands of business owners and shares more than 30 years of marketing experience by listing his seven key principles for marketing success.

Business Essentials Daily is produced by:

SoundCartel
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+61 3 9882 8333

See omnystudio.com/listener for privacy information.

No, the US sharemarket didn’t collapse when Donald Trump left office. In fact it’s been busier than ever, there and here…on top of which we’ve had share price manipulations on a grand scale, take Reddit, for example, and then, there was Silversqueeze. What was that all about? Elio D’Amato, investment consultant and commentator, has the answers as he discusses his views about the current state of the sharemarket and where it’s heading in 2021. And by the way, he includes his hot tips.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Managing a team is not set and forget. Tony Gattari, Achievers Group, Founder and Managing Director, likens it to sport – your players have a KPI scoreboard which keeps them on track every single day.

Tony says if you want to improve the performance of your team members, you must set regular targets and keep revisiting them. Tony's a stickler for performance review meetings. They’ll keep your staff on track and they’ll also reveal their true capabilities. If they not up to scratch, Tony says, you’ll need to move them or remove them.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.