Business Essentials

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: Sound...

They can be annoying and time-consuming, but without written agreements you could be in a world of hurt should things turn sour. That's the advice from Director of Vault Legal, Ryan Solomons, who’s seen handshake agreements result in bankruptcy. Ryan offers 5 reasons why documenting agreements should be standard practice for business owners. Business Essentials Daily is produced by: SoundCar...

This is the 100th episode of Business Essentials Daily! And what better way to celebrate than by exploring the power of podcasting with our very own Managing Director of SoundCartel, Nick Schildberger. At a time that the medium of audio is experiencing a revolution, the opportunities for brands couldn’t be more exciting.  Business Essentials Daily is produced by: SoundCartel soundcartel...

Business is hard enough without the cloudy judgement, mood swings and low energy levels that are the next-day effects of excess alcohol or drugs. But where do you go if you need help but wish to avoid the risk of public exposure? Long-time addiction consultant and reformed alcoholic, Graeme Alford, understands the issue. His 21Renew solution can help you get your life back on track in 21 days. It&...

Like a pre-nuptial agreement, a shareholder agreement is prepared for a new business – or the restructuring of an existing business – when partners’ hopes and goodwill towards each other are at an all-time high. Disputes can often occur between partners and directors, and so having something in writing will save a lot of angst down the track. Lionel Green, Principal at Meltzer Gr...

Selling your business assets tax free, with generous contribution allowances into superannuation – that’s the Small Business CGT concession 15-year exemption and it’s a great tax concession for business owners. But you need to plan ahead to qualify. Michael Jones, Superannuation and Business Advisory Partner, from Mazars, explains. Business Essentials Daily is produced by: SoundC...

We often get distracted by what's happening outside the business and the things we can't control – ignoring stagnation within. Courageous Leaders, behaviour change specialist, Mandy Holloway implores us all to disrupt ourselves and challenge the company's status quo, lest the business stagnates. It means having difficult and confronting conversations in order to innovate on the inside. Busin...

Is the tide turning for our major shopping centres, once a magnet for every hip fashionista in town? As COVID takes its toll on retailers everywhere, those with clout are fighting back against continuing high rents being demanded by some shopping centre leasing agents – and it’s changing the whole shopping experience. Peter Buckingham, Managing Director of Spectrum Analysis explains th...

In 2005, Rachael Robertson gave up the comforts of home to lead a team of fellow expeditioners to Antarctica. Her 12 months included managing a small group in the dark depths of an Antarctic winter. That experience and subsequent extensive research has shown that a focus on respect drives the highest performing teams. She outlines her thoughts in her new book, Respect Trumps Harmony: why being lik...

What type of salesperson gets the best results – and why? When it comes to selling, should you challenge your customers or try to develop strong, long-lasting relationships with them? What if you just work harder to get more sales? Tony Gattari, Managing Director and CEO of Achievers Group, says one of these sales methods gets the best results, in both simple sales and complex sales. Bu...

How does one go from modestly selling three teas at a stall in Byron Bay to turning over $150k a month worth of tea? Well award-winning Jordana Edwards has done just that with Clean Tea, a range of teas blended by her mum Amanda, a naturopath and medical herbalist, hand-made and free from natural ingredients, herbs, fruits and free from chemicals, preservatives and no added flavours. Along her jou...

The economy? Must we? Well yes, tough as it is, we do need to talk about the economy and where on earth it’s heading if we want to keep our businesses on track. But who should we believe? Well here at SoundCartel we have a secret source of trusted knowledge…and his name is Neville Norman. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omny...

Do you put things off that you just don’t feel like doing – even when you know you should be doing them now? Many people are procrastinators and don’t even know it, says time management expert Les Watson, author of  Get Back an Hour in Every Day.  The good news is there are ways to cure procrastination and it’ll make a big difference to our businesses if we do. Bu...

Family members in the same business can work together in wonderful harmony – or not! Conflicting expectations or generational conflict can seriously undermine the success of the business. Business coach and mentor, Bryan Worn shares his family business success model, whereby families achieve cohesion by separating family issues from business issues. If left unchecked, issues dividing the fam...

The ability to work from home during COVID has helped many of us reassess our priorities about where we want to live and work.  Will we revert to the daily commutes, the traffic jams and the office grind once it’s all over? Well no. Our choices have suddenly opened up and now, says Sarah Prime, Social entrepreneur and founder of Champions Academy. She says it’s the perfect time to...

If your website can’t be found at the top page of a Google search, you basically don’t exist. Sounds harsh, but that’s the reality, according to digital marketing guru, MC Carter, Director of Practice Paradox. Good SEO – or search engine optimisation – will help elevate your website on the coveted first page of Google Search results. So, what constitutes good SEO? Wel...

A cure for a hangover? Sounds like good timing as COVID locks us at home with perhaps a tipple more than we need to cheer us up. But the amazing growth of Bae Juice into the Australian market has been much more than pandemic-driven, and the young co-founders Tim O’Sullivan, Sumin Do and Liam Gostencnik are on a roll as Woolworths signs up for national distribution. Business Essentials Daily...

If estate planning or setting up your will has dropped off your priority list, put it back on top. Not only can the unexpected happen, but now there’s a way to speed up the will creation process. Ryan Solomons is Head of Legal at Vault Legal and the co-founder of Willed, an online will and estate planning company that helps you create your will, safely, easily and for a fraction of the cost...

The amount of time and resources you spend building a new website is almost wasted if it doesn’t generate business leads. MC Carter, founder and director of online marketing agency, Practice Paradox, provides his six-step process in developing a lead-generation website. He says, it’s a regular and consistent ongoing commitment, but well worth the effort to grow business. Business Essen...

Without prior experience in the construction or travel industries, Tony Gattari, Managing Director at Achievers Group, managed to massively exceed the sales targets in his senior sales roles in recent years. No matter the industry, Tony applies five core principles when advising some of Australia’s leading companies and their sales teams. Business Essentials Daily is produced by: SoundCartel...

The millennial generation today makes up a large share of the Australian workforce and it's important to understand how to attract them for future business success. Luke Faccini, Director at brand agency, The Sponge, says they're more likely to put emphasis on social and environmental issues when choosing a place to work. To win the hearts and minds of the millennial generation, it's worth evaluat...

The initial shock of COVID has now become a daily financial struggle for a lot of businesses. How do you ensure that your business can keep itself above water during the worst economic crisis in generations? Cashflow expert, Leanne Berry of Love Your Numbers bookkeeping firm, offers her top tips for businesses looking to keep a tight rein on their finances. Business Essentials Daily is produced by...

Lee Squire bought herself a business – and quickly discovered that running one is a much different beast to managing a team in a company she didn’t own. The day-to-day stresses, including the constant worry about pay role, all played their part in her increasing reliance on alcohol. She was sinking fast. But she pulled herself up, quit drinking, and today is a much-admired business wom...

Debt can be useful to build assets, grow a business or as an investment strategy. But be careful how you use it, warns Steve McKnight. People get it wrong when they don't know what they are doing, says the property guru. Steve insists you should name, number and numb the risk in order to manage it and to avoid getting yourself caught in a debt trap. Safe debt allows you to achieve a higher return...

Too many business owners are reluctant to step away from the business and give themselves a break. But, for the sake of your health and the health of your business, you need to be able to take time off. That’s according to Dave Strutton, owner of Howards Storage World Mile End franchise in central Adelaide. Dave’s retail business has performed extraordinarily well in recent years, desp...