Category Archives for Employment

What Type Of Business Owner Are You?

Do you know what sort of business owner you are?

The reason this is so important is that when you understand what sort of business owner you are you are able to run your business more effectively.

Two books that I found helpful in this area are Rich Dad’s Cashflow Quadrant: Guide to Financial Freedom by Robert Kiyosaki and The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael Gerber.

These books taught me a lot about business management but one of the most important lesson was about the type of business owner I am.

In the video below I explain more about the different types of business owners I’m referring to and why I choose to be the type of business owner I am.

Or click here to watch this video direct in YouTube.

These are the two books I recommend in this video:

Avoid This Major Mistake When Outsourcing

Earlier this week I received an email from a client looking for some advice on how to handle a particular problem they had.

Now what’s happened is, they had a website built for them. They found a web designer,
this person set up their hosting account, built the website and so forth.

They did an okay job at it, but now the web designer has disappeared and unfortunately, the business owner doesn’t have the access details for their site.

Whenever they wanted a change making they would email their web designer and the web designer would do all the work.

So this business owner now can’t access their hosting account, they can’t access their website, they have no idea how to go about accessing this information and they’re in a little bit of a pickle about it, as you can imagine.

Unfortunately, this is not a rare problem. I have seen it happen plenty of times before.

In this week’s video I discuss this issue … what you should do to prevent this sort of thing happening to you and how to resolve the issue if you do find yourself in this situation.

(Or click here to watch the video in YouTube)

Business Growth – Building A Solid Team Around You

Even if you begin your business without any employees, you may eventually get to the point where you will need extra help. If you want to employ staff there will be many considerations. You need to decide if you will require that person or those people full-time, part-time, on a casual basis, or if it would be better to contract the work out to other businesses rather than to actually employ someone.

In very general terms, a contractor is someone who is not employed by you, but rather you are one of a number of his or her clients. They have their own business, supply their own tools and equipment and will take care of their own tax and superannuation. They will most likely invoice you regularly and you will pay that invoice, rather than wages.

Employees work under the relevant awards, are paid a wage or salary and are under the guidance of either you or a supervisor employed by you.

A casual employee is one whose hours may vary from day to day and week to week. They are paid an hourly rate, usually a little higher than permanent part or full-time employees to account for the fact that they do not accrue holiday leave or sick leave.

If they do not work due to holidays or illness, they are generally not paid for these days (although this may be stipulated within their agreement). Whereas a permanent part or full-time employee accrues sick leave, special leave and holiday leave. These employees are usually paid an hourly rate, a little lower than that of a casual employee. Salaried staff members are paid an agreed amount of money per week or per year.

There are pros and cons of each type of employment and what’s best for your business depends on many factors, including your location, the nature of the work involved, the amount of work to be done and your ability to provide necessary training and support.

If your business is based in Australia and you are considering employee team members – or already employ staff – I highly recommend you make sure you get a copy of the Instant Policies And Procedures Employee Manual.

(Note: This is an affiliate link so if you purchase this product via my link I may receive a referral fee. There’s no obligation for you to purchase this product but if you do and it leads to me receiving a referral fee, Thank You in advance. This helps me to continue to provide great content and training while keeping costs to readers and students as low as possible!)

It explains, in clear, simple language, everything you need to know about employing staff including:

• Recruitment & Selection
• Behaviour & Code of Conduct
• Safety & Security
• Administration & Support
• Performance Learning & Development
• Conditions of Employment

And it comes complete with a vast range of templates that can be easily integrated into your business.

Remember … no matter how great you are at what you do, it’s never ideal for any one person to try to do everything required within a business. Building a solid, reliable team around you will be one of the best things you can do to grow your business, as well as for your own sanity.