7 golden rules for a successful hire [video]

Posted by James Price | JPAbusiness on 18-Sep-2019 02:00:00

Great staff are critical to our success as business owners and managers, but finding and keeping the right people is an ongoing challenge for many businesses.

Unfortunately we can't conjure appropriately trained staff out of the air for our clients and subscribers, but we can provide advice to make the recruitment process as successful as possible.

In this video I outline our 7 'golden rules' for successful hiring.

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Topics: Employment and recruitment, Advice, infographic, cheat sheet, Video, staff management, Business advisor, staff recruitment, hiring staff

3 things to do before you interview [video]

Posted by James Price | JPAbusiness on 11-Sep-2019 02:00:00

When hiring new staff there are a number of issues that need to be dealt with by a business owner or senior manager before a recruitment interview process begins. It’s much harder to retrofit this important information into a recruitment process after the fact.

In the following video I list 3 key tasks you should undertake before you begin the interview process.

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Topics: infographic, Video, staff management, business advice, Business advisor, staff recruitment, hiring staff

How to conduct performance reviews for senior staff

Posted by James Price | JPAbusiness on 04-Sep-2019 02:00:00

I recently put together some questions for my senior staff to consider in advance of their Annual Performance Review discussions.

We have discussed the mechanics of the performance review process in previous blogs, and a key theme was that reviews are ‘a two-way street’.

Senior staff members bring considerable experience and insight to your business so you need to ensure you use the review event as an opportunity to tap into those insights for the benefit of your business, as well as the individuals involved.

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Topics: staff management, business advice, Business culture, business management, staff performance, performance review, Parramatta, Orange NSW

When should I tell my staff I'm selling? (Video)

Posted by James Price | JPAbusiness on 07-Aug-2019 02:00:00

Our guiding principle is that open and transparent communication with your staff is always a positive thing.

However, this is complicated by the fact selling a business is a sensitive issue and disclosing the fact it’s for sale can be detrimental to a business’ operations.

A pending sale can unsettle your team and, if it gets out in the market, it can cause difficulty with clients or suppliers.

In this video I share some strategies for sharing business sale plans with key staff:

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Topics: Video, staff management, business advice, selling a business, business basics, Parramatta, Orange NSW

Do I need a business advisor? [Client case studies]

Posted by James Price | JPAbusiness on 17-Jul-2019 02:00:00

Whether or not you choose to engage the services of a business advisor is really up to you and your preferred mode of operating your business.

Obviously I believe there is value in seeking independent business advice; I think we’re all better decision makers if we’re able to test our propositions with someone who isn’t directly related to the issue at hand, but has relevant expertise.

In the blog I’m using examples from our own clients to show how independent advice is adding value in their businesses.

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Topics: staff management, business advice, Business advisor, risk management, strategic planning, business basics, Parramatta, Orange NSW, client case studies

Staff flexibility versus business stability – how to achieve both

Posted by James Price | JPAbusiness on 05-Jun-2019 02:00:00

Today’s employees operate in an increasingly complex environment in which technological change and connectedness have brought family and personal priorities into the workplace, and work into the home environment.

Advances in mobile devices provide access to data, emails, texts, reports, notifications, payments and receipts in the field, and at home. No matter the location, information is instantaneous.

Unfortunately, these technological advances have created an expectation that people will be available 24/7, creating a work and life imbalance.

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Topics: outsourcing, staff management, business advice, Parramatta, Orange NSW, staff wellbeing, managing employees

4 tips to turn around poor staff performance [cheat sheet]

Posted by James Price | JPAbusiness on 29-May-2019 02:00:00

If you choose to condone poor performance by a staff member, you’re sending a pretty negative message to other team members about your expectations for your business i.e. those expectations are pretty low!

And if you don’t deal with that individual with respect and in a professional and fair way, you’re also sending a negative message about your business culture and ‘how things are done here'.

The following cheat sheet sets out 4 strategies for turning around poor performance while taking into account the two points above, i.e:

  • performance issues must be dealt with, and
  • they must be dealt with in a respectful way.
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Topics: cheat sheet, staff management, business advice, staff performance, performance review, Parramatta, Orange NSW

How to keep key staff when buying a business

Posted by James Price | JPAbusiness on 29-May-2019 02:00:00

In our experience, the risks associated with business purchases fall into three categories:

  1. People
  2. Customers, suppliers and market dynamics
  3. The value exchange.

In this blog we're examining how to manage the 'people risks' of a purchase.

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Topics: Buying a business, staff management, business advice, Business advisor, business management, Parramatta, Orange NSW

When should I tell my staff I'm selling my business?

Posted by James Price | JPAbusiness on 03-Apr-2019 02:00:00

In assisting clients to prepare for a business sale process, we often get the question: When should I tell my staff I’m going to sell?

It’s an important issue because staff can significantly impact your business’ value, while selling can impact their lives.

The reality is there is no simple answer because every business is different.

A complex situation

Our guiding principle is that open and transparent communication with your staff is always a positive thing.

However, this is complicated by the fact selling a business is a sensitive issue and disclosing the fact it’s for sale can be detrimental to a business’ operations.

Continue reading...

Topics: staff management, business advice, selling a business, business basics, Parramatta, Orange NSW

 
Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
 
 

 

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