About the Author
Principal of NextGen Wealth Solutions10 posts
Liam Shorte is Principal of NextGen Wealth Solutions in the Hills and Hawkesbury Districts of Sydney and has a degree in Business Studies, an Advanced Diploma in Financial Services, a designated SMSF Specialist Advisor™ and Accredited Mortgage Consultant. Regular Contributor on SMSF issues to SuperLiving.com.au, MYOB’s blog The Pulse and Your Money Your Call on Sky Business Channel. Member of the FPA, SPAA and MFAA
I think one of the most overused words in job ads is this: passionate. I’ve lost count of the number of job ads by small businesses, looking for a candidate who is “passionate” about the advertised role, business or industry. Well, sorry, but in most circumstances you can’t expect an employee to be passionate about your business. That is something usually reserved for the owners, entrepreneurs or socially
Have you ever had to deal with a Gen Y employee in your business? If you found yourself scratching your head with them, then you need to read this.
When should I hire a new employee? This is a question that has plagued many small business owners as they plan for—and then experience—a growth phase. There is no easy answer, but in general, it’s better to be prepared than to scramble around looking for an extra hand when the workload increases. Ideally, you would plan in advance and have a flexible, part-time employee from as early on as possible just t
I believe I merged successfully in 2009 with my current business partner. At the same time, we saw another operation go through a similar merge, but their approach led to confusion, resentment and eventual break up. While every merger has its problems, we approached it with our eyes open, having scoped each other out for years. We also addressed issues before or as soon as they arose to minimise damage. We actually b
Business planning meetings are an opportunity for small business owners to harness the best of what their staff can offer in an environment that promotes ideas and discussion. Small business owners must create the right setting and provide opportunities for staff members to be creative. Here are a few tips small business owners can use to make sure their business planning meetings are successful.
As a business owner, you need to leverage off all the relationships you build as your business develops. You therefore need to make smart choices between service providers to your business and advisors who go that step further to help your business grow by adding their expertise and experience. Many successful businesses have an advisory board to guide them in areas where they know they have weaknesses. However, many