Freecall 1800 025 241


Four Tips To Excel as a Business Owner

Being a business owner and managing employees can be daunting. Many people can do a decent job, though with just a little extra work they could excel. A great business owner expects a lot of their employees, pushing them to do their very best.

Here are some tips to become a great business owner:

  • Deal with conflict right away. Most people don’t like conflict and they avoid dealing with it. They ignore the problem until it grows too big to be solved quickly and efficiently. Employees respect business owners who take charge and deal with problems before they escalate.
  • Communicate. Communication is key to team management. You need to praise your employees when deserved, and offer constructive criticism when necessary. You need to be there for your team, so be available during the work day for anything they need.
  • Expect a lot from your employees. It is important to set high standards, as long as your team can realistically meet them. If you expect a lot, your team will work hard to show you that they can do a good job. A business owner wants their employees to succeed so that they feel good about it, and continue their hard work.
  • Be flexible. As a business owner, you need to be flexible. If something is not working, you need to try new ways of doing things until you get the results that you want. If you are too rigid, your employees may struggle and end up quitting.

A great business owner not only expects a lot from their team, but they get it. Each employee will work hard to impress them and get a better result for the business. Many will go above and beyond what is expected, which is good for your business!

Visit our Nationwide Blog to find more advice to help you grow your business.

Woman saving money in a piggybank - representing making extra contributions to her superannuation

How To Boost Your Super

Your superannuation is a key investment when it comes to saving for your retirement, and there are ways you can boost these savings. Your employer will contribute an amount equal to 9.5% of your salary into your super, and you may also contribute additional money as Concessional Contributions or Non-Concessional Contributions. Find out more.

Keep Reading

wedding couple at night with lighting and cafe in background

How Life Events Affect My Super

Life changes that can affect your super include a variety of events that most people will encounter at some point in their lives. Some of these types of events include starting a job, getting married, buying a home, having children, getting a tax refund or an inheritance, getting a separation or divorce, the death of a spouse, having an illness, redundancy, or losing a job. Learn more.

Keep Reading

Retired man drinking a coffee

What is the Age Pension?

The Age Pension is a government income support payment paid to eligible Australians who have reached Age Pension age.  The Age Pension is income and assets tested which means the amount you can get will depend on any other income you receive (from super, investments and paid work) and on the assets you own. Learn more.

Keep Reading

Young woman with a piggy bank, representing savings and superannuation for retirement

Planning Ahead For Your Desired Retirement

If you desire to live large during your retirement, you may need up to $1 million to finance your lifestyle. Getting there will require more than the Age Pension. You will need to consider additional strategies like boosting your super savings or extra investment. Learn more.

Keep Reading

Before you leave...
Are you a small business owner?
Submit your email address to receive a FREE Website Marketing Report, and tips to help you manage your business.