Business Essentials

Sometimes your most talented employees are also the hardest to manage. How do you keep them in line?

It’s a common dilemma for business owners. The standout performers in your business are often the hardest to manage. They make good money for you but in the process, they upset others and can be unwieldy in conforming to the best interests of the business. Aaron Goonrey, Partner at Lander & Rogers Lawyers, highlights three types of talented but tricky staff and what you can do to manage their quirky behaviour.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

At a time when many small businesses are already struggling, a global energy crisis is promising to spark an electricity price shock. To make matters worse, it appears a large proportion of Australian SMEs are spending more than they need to on electricity. A study by the Australian Competition and Consumer Commission (ACCC) has shown 16 per cent of Australian small businesses are missing out on cutting their power bills by more than a third. The ACCC Chairman, Rod Sims, says saving hundreds of dollars can be as easy as making one phone call.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Sure, it’s easy to be a fine upstanding business citizen when everything’s going well. But what happens if times get tough – like now? Are you tempted, just a teeny bit, to compromise your integrity for the sake of a few dollars more or just to get that deal over the line? Well don’t be, warns veteran business coach, Alan Rodway. That slippery slope will lead you nowhere.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

The relentless nature of running a small business, tied up sometimes with family demands, can tire out the best of us. But your energy levels are a key to business success. The Managing Director of Bevington Group, Roger Perry, says mindfully maintaining energy levels is crucial for business success. He offers sound advice on how best to attain peak energy but warns that it can often require a change in mindset.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

No matter how much you try to plan your day, do you find yourself interrupted or going over the allotted time? Perhaps the answer is a Pomodoro kitchen timer. Business coach Les Watson – aka the Time Lord – explains how the useful device can break work into intervals of 25 minutes to allow you to concentrate on the task at hand and get more done during the day.

Reference

Les is offering four weeks of complimentary coaching. Visit creatingsuccesscoaching.com.au/contact and quote ‘Business Essentials Daily’.

 

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

The workplace should be one that is safe and free from discrimination, bullying and harassment. To help ensure the workplace is safer for employees, a new bill comes in effect today which aims to prevent sexual harassment. Cheryl-Anne Laird, HR and industrial relations expert and Partner at Mazars, explains the Sex Discrimination and Fair Work (Respect at Work) Amendment Act 2021 and what it means for businesses across the country.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

You’ve tried everything including mediation to settle a dispute, but nothing’s worked. Despite the costs involved, and the time and emotional energy required, court action sometimes seems the only way forward. Paul Brennan of Brennans Solicitors discusses the litigation procedure.

Reference

Find information on all the topics Paul’s discussed over the last several weeks in his e-book  ‘The 10 Greatest Legal Mistakes in Business…and how to avoid them’  and for additional legal advice for your business, you can contact Paul at [email protected].

 

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

Sales and marketing, it rolls off the tongue, but these two disciplines working in harmony, can sometimes be a struggle. In a landscape entirely reshaped due to technology and the pandemic, selling like we used to, is a thing of the past. So how can we optimise these two powerhouse specialities for selling in a new world? Adele Crane, CEO of Sales Focus Advisory explains in her new article – Finding New Customers to Increase Sales.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

There have been some big changes to regulations for franchising in 2021, with alterations to the way disputes are resolved, and new disclosure requirements the government says will adjust the balance of power in the relationship between franchisees and franchisors. But the Federal Small Business Minister, Stuart Robert, says more is to come, with the establishment of a central Franchise Disclosure Register, which is designed to be a “one stop shop” for people looking to invest in a franchise.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.

How do you offer more value to your customers and to the people around you? It starts by understanding what “value” actually means. Mark Carter has studied the meaning of value for almost 20 years, and writes his conclusion in his new book, ‘Add Value’. He identifies 5 values which can help enrich our lives and our businesses.

Business Essentials Daily is produced by:

SoundCartel
soundcartel.com.au
+61 3 9882 8333

See omnystudio.com/listener for privacy information.